Only a handful of brands with a large cash reserve will be able to keep their stores. All the others should close now and get ready for the next evolution.
Only a handful of brands with a large cash reserve will be able to keep their stores. All the others should close now and get ready for the next evolution.
A mission statement is “a sentence describing a company's function, markets and competitive advantages; a short written statement of your business goals and philosophies.” And while having a mission statement will not guarantee commercial success, it will vastly improve your chances.
There are a few steps you'll need to take to help strengthen your store's position in the marketplace and improve your chances of having a successful reopening when it is safe to do so.
In this crazy post-coronavirus world, reopening your store isn’t as simple as flipping your open sign.
Through the use of facial recognition technology, retail stores may be able to proactively help limit unsatisfactory customer service experiences.