Anticipating shifts in the Supply Chain landscape from COVID-19
The current global pandemic has not only forced immediate readjustments for CPG but will undoubtedly disrupt and transform supply chain business models permanently – or at least until the risk has reduced to an acceptable level – as consumers adapt to a new world of virus avoidance.
How restaurants can re-connect with their customers since they have disappeared
Friday, the 13th, is generally considered an unlucky day in the western world. In 2020, it was that and a whole lot more for the restaurant industry. Restaurant sales in the US were already soft in the beginning of March before local, state, and federal authorities moved to close restaurants and other entertainment venues to flatten the spread of the coronavirus. Since then, restaurant sales have been in a freefall in what is likely the biggest demand shock to ever hit the industry.
How grocers should actively engage consumers now due to the behavioral shifts
Unlike most of the retail sector, grocery sales have been on a rampage since the coronavirus hit. The worst public health crisis to hit humanity in generations has led to governmental stay at home orders that has sent restaurant sales plunging and grocery sales surging.
Video: Lessons Learned From Asian Store Closings
As China, South Korea, Singapore, and Taiwan are reopening their stores after COVID-19, what can US fashion retailers learn from their experience and apply to their own business? Unfortunately, there’s some good and bad.
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