Brick and mortar retail was already in a delicate balance in years past trying to tip the scales in their favor versus online retail. Required store closures in early spring as a result of a deadly virus blasted physical retail’s hope to restore fortune in its favor. To combat the brick and mortar crisis, retailers […]
Retail hardships are nothing new. But now, retailers in the food industry have a different story and are thriving amid the pandemic. We're sharing three businesses within the food industry expanding this year in New Hampshire. Tuscan Village Starting in 2019, Salem, New Hampshire, began building a 2.8 million square foot area for a mixed-use […]
The pandemic struck a lighting bolt through many aspects of daily routine, notably the workplace. Masses of the workforce transitioned to working from home. Many realized the wonderful benefits of working from home: No more commute, business attire substituted with always comfortable attire, and less money spent buying lunches. Coexisting with work-from-home doesn't free you […]
Last year's forecasts and trend reports proved no one had a crystal ball. COVID-19 knocked the wind out of plenty of healthy establishments who had big plans for the new year. While savvy business decisions and creative work-arounds have proven enough to save many brick-and-mortar businesses, some brands haven’t been so lucky. Store closures abound, and […]
Traditional Dollar General stores cater to a demographic with income less than $40,000 and are strategically placed in rural areas, not likely to have a large retailer, such as Walmart to contend with. Notable for bargain deals on basic needs, Dollar General thrived as an essential retailer, remaining open during the outbreak of the pandemic. […]
As an essential retailer for emergency home repairs, Home Depot and Lowe’s were allowed to stay open when most retail shut down for months. Essential home repairs were not the only beams holding up the home improvement stores. Stuck at home with the home becoming the one space for work, school, and living, consumers responded […]
Retail industry experts have promulgated the idea that the pandemic and subsequent lockdowns simply sped up the inevitable demise of shopping centers, malls and retailers that for years had struggled to survive. It also could be said that the health crisis has accelerated another trend that was gaining momentum: establishing last-mile e-commerce logistics hubs at […]
The Retail Industry has struggled for years and even more so now with COVID-19, but some are starting to see a flicker of light at the end of the tunnel, and we wanted to share the top three retailers expanding in Rhode Island, even during the pandemic. Market Basket: Starting in 1917, Market Basket proudly […]
In 2019, Walmart was the highest-grossing retailer, making more than twice what its closest competitor, Amazon, earned in retail sales. Amazon may have defined the last decade of retail, but Walmart has comfortably maintained its dominance in this new environment of omnichannel selling and tech-based solutions. By harnessing its substantial physical footprint, continuously experimenting with […]
Discount stores have come a long way from the chintzy toys and off-brand candy of past decades. These stores were already rapidly growing in popularity, and the pandemic has proven their staying power. With customers looking for value, these brands continue to open stores and give shoppers access to the goods they need at the […]
Pharmacies not only provide essential service for their communities; they’ve also long been innovative spaces that lead retail trends. From the soda fountains of the 1950s and earlier to providing some of the simplest and most accessible sites for COVID-19 testing, pharmacies are often ahead of the game. Pharmacies provide medication and face-to-face (sometimes life […]
The retail industry has been on a tumultuous up and down journey since the evolution of online shopping. Tie in the recent coronavirus pandemic and most retailers have been thwarted into a crisis. Many have faced a pivot or perish fate, however, in the landlocked southern state of Tennessee some retailers are still expanding. Here’s […]
