Pre-Covid 19, the majority of Bow & Arrow Brewing Co.'s revenue came from customers visiting its taproom. At first it could only provide to-go products but has since opened up its outdoor patio at 50% capacity, per public health restrictions. The company has also purchased a canning lin...
Retail is another industry where the virus-forced closures led to significant losses and even threatened to kill a few businesses. “Expect more automation in the post-covid19 economy” to boost supply chain resilience, says Forbes contributor, Shahin Farshchi. “The pandemic halted economic activit...
While major corporations and even some mid-size companies may have resources to fall back on, small businesses often have tight profit margins and some rely on foot traffic, as well as the disposable income of shoppers, both of which have been significantly minimized by COVID-19. Many may ...
During a McKinsey Live webinar, senior partners Dame Vivian Hunt and Bruce Simpson discussed the importance of organizational purpose, particularly as it relates to COVID-19, explained its implementation, and shared examples of organizations that have done this succ...
Here are nine creative ways small businesses have adapted to coronavirus concerns and challenges in their communities. DeCicco & Sons Grocery stores have become an important lifeline in many communities that have seen restaurants closed due to COVID-19 concerns. New York-based grocery chainDeCicco...
Now that the outbreak of COVID-19 has been declared a pandemic, how businesses prepare for coronavirus can make all the difference to their survival. 僅提供英文版本 Now that the World Health Organisation has declared the outbreak of COVID-19 a pandemic and the U.S. Centers for D...
Coronavirus disease 2019 (COVID-19) has created an economic crisis alongside a health care crisis. During the 2 weeks ending on March 28, nearly 10
“I’m looking at theater over the course of the next generation. And ensuring that theater is accessible to the many, not just the few.” What would you doif your business had to shut down for a year and a half? Would you feel...
With the COVID crisis, 40 million Americans lost their jobs, and 3.3 million businesses shut down, including 41 percent of all black-owned enterprises. Black Americans, who significantly outnumber whites in federal prisons despite being but 13 percent of the population, are suffering shockingly hig...
From 2012 to 2015, we can see that the inverse correlation broke down where inflation and unemployment moved in tandem. From 2016 to 2019, unemployment steadily declined to 50-year lows (before the onset of COVID-19 at the end of 2019), while inflation remained around 2%. In other words...