While 2020 was a step back, 2021 is the time to prepare for two steps forward.
In BHDP’s previous installment of “The Retail Rumba,” we looked in our rear-view mirror at historical events that forced retail to reinvent and adapt to learn how the industry can rebound after the COVID-19 Pandemic. We were caught by surprise and unprepared as an industry. The outset of 2020 looked promising for much of the retail category, further catching retailers off guard once the pandemic hit. With the onset of and prolonged effects of the pandemic, the rigidity of our formats, lack of alternate shopping channels, and inadequate distribution engines caused retail to hit a roadblock. […]
The Retail Rumba: One Step Back, Two Steps Forward Part II of III
Posted on by Declan McCormack