The future of Retail in a post pandemic world If someone had described to me the world we all have endured since the begining of 2020, I would have said that it would have been improbable that we would be living through such a crisis. However, It’s not the first time I’ve been wrong, and …
Australian retailers generally fared well over the last 18 months during the COVID-19 pandemic, despite temporary store closures as part of government-imposed lockdowns, although headwinds may be on the horizon. Inflationary pressure on consumer discretionary spending, supply chain disruptions and elevated inventory levels, which tie up a retailers’ net working capital, are set to create …
How do traditional retailers that have a mix of Bricks & Mortar stores with some online presence navigate their business successfully post Covid-19 pandemic? Even before Covid-19 the retail sector was facing disruption, and there were several contributing factors such as: Decreased brand loyalty, Growth in online shopping, Political instability, Increases in tariffs, Supply chain …