Retailing has always been about survival of the fittest and most innovative. Many retailers have learned this the hard way. Others have reinvented themselves. Embracing change, innovation and new technologies is
The COVID-19 pandemic upended nearly every aspect of the retail industry. It forced companies to close stores during the lockdown and had a significant impact on retail rents. Rents for retail space in New York City have dropped as much as 25% from 2019 levels according to theReal Estate...
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New sales channels such as quick commerce (q-commerce), where everything revolves around speed, are further ramping up the transformation pressure on the industry. Online shopping boomed in the pandemic During the Covid lockdowns, e-commerce was the only shopping option available to many people...
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“They’ve tapped into that market of consumers that really don’t see the difference between a kid and a pet,” Phil Chang, retail expert, told Industry Dive.Simplicity has been key to BarkBox’s success. As BarkBox co-founder Henrik Werdelin put it, “Most customers think they want ...
This study sought information from key executives involved in shaping the timeshare and vacation ownership industry in conducting a strengths, weaknesses, opportunities and threats analysis for the industry. The vacation ownership and timeshare industry has emerged as a sector of the travel industry with...
S.M.: If the West stays closed until September instead of June, it will be logical to assume that the hospitality industry will be comprehensively gone. Many hotel and restaurant groups won’t come back, or they won’t come back with the same ownership. They’ll have to be recapitalized...
2. Strategic Changes in Oil and Gas Industry 2.1. General Trends in Oil Industry In the past years, many factors influenced the fuel retail market globally. Up to today, the global economic crisis, energy transition, COVID-19, the Russian invasion of Ukraine, followed by inflation dramatically...