retail sector – Lilypads Ads Studio

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Is retail dying: the retail apocalypse predictions in 2022?

retail apocalypse

Over the past decade, brick-and-mortar stores have seen a steady decline in their growth. After the great recession of 2008, the retail industry witnessed a consistent decline in the sales of brick-and-mortar stores. The trend continued to follow with the rise of e-commerce businesses like Amazon. What was once everyone’s go-to destination for groceries, utilities,… Continue reading Is retail dying: the retail apocalypse predictions in 2022?

Impact of COVID-19 on the food and beverage industry and the retail sector

The COVID-19 pandemic has disrupted most businesses worldwide and the retail industry is no exception. With a significant decline in out-of-home consumption and restaurants and pubs remaining closed for sit-down services, the impact on such retail properties is dramatic. On the contrary, restaurants offering pick-up and delivery options are experiencing a massive spike in their… Continue reading Impact of COVID-19 on the food and beverage industry and the retail sector