
Articles
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6 days ago |
thestreet.com | Jena Warburton
Retailers have been fighting an uphill battle over the past several years. Five years ago, Covid hit nearly every retailer hard. The beginning of 2020 brought a series of challenges for which most retailers weren't prepared. Even the oldest or most robust brands weren't anticipating a pandemic that would bring brick-and-mortar commerce to a near-screeching halt. For at least a few weeks, almost every retailer had to scramble to figure out how to stay afloat. Some were better equipped than others.
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6 days ago |
flipboard.com | Jena Warburton
'This is awful' say shoppers as Iceland closes supermarket store todayIceland is closing one of its stores today - with another branch set to follow shortly after. The frozen food supermarket is closing its Margate, …
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1 week ago |
thestreet.com | Jena Warburton
It's not exactly the prettiest time to be a retailer right now. The past five years have wrought seemingly irreversible damage to even the strongest retail brands. Covid, which swept the U.S. in early 2020, forced many people into their homes for prolonged periods of time. Suddenly, very few of us were driving to an office every day, going out to restaurants, concerts, or sports events. The world screeched to a halt. And this had outsized effects on the economy.
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1 week ago |
thestreet.com | Jena Warburton
It's not exactly the best time in history to be a retailer. To be sure, there have probably been worse times in the history of man. But the past five or so years haven't been the kindest to most stores. That's especially the case for brick-and-mortar retailers, which rely on robust foot traffic numbers just to keep profits afloat. Think about one of your favorite — or at least most frequented — shops in your town. Maybe it's a hardware store, a clothing boutique, or a big-box warehouse club.
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1 week ago |
thestreet.com | Jena Warburton
You probably don't stop to consider the ins and outs of your local supermarket's business during your weekly run. Those economic intricacies are typically for board rooms and operators to ponder. Of course, if you're a nosy retail writer, you might find yourself considering these factors pretty closely.
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