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.
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 right price points nationwide.
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.
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 a list of five retailers expanding in Tennessee.
The Retail Industry has struggled for years and even more so now with COVID-19 but retailers in the food industry have a different story. Here are four businesses continuing to expand in Connecticut.
COVID-19 arrived in time to add gasoline to an already suffering retail industry. Then, out of the fire came a few retail brands that have surprised the economy not only by continuing on, but thriving and expanding. One retail brand that has risen unexpectedly during the pandemic is Tractor Supply Company. Recently opening it’s 1900th location and announcing up to 80 new stores this year, Tractor Supply Co. is hard to ignore. What first seemed like oddball luck for Tractor Supply Co., upon further investigation uncovered the successful planning and positioning the company has taken over the past years.
Examining retail trends in Texas is an interesting experience, because the state is very, very large. Spanning approximately 269,000 square miles -- larger than France -- the Lone Star State has a population of 29 million and four major population areas: Austin (the capital); Dallas-Fort Worth, Houston and San Antonio.
Six months ago, as people feared what could be months of mandatory lock-down, grocers scrambled to keep their shelves and freezer cases stocked with staples like soup, bread, and frozen pizza. While the pandemic hasn’t been kind to many industries, grocery stores have seen huge increases in demand as more people choose to cook and eat at home, and continue to bolster their pantries.
As the fallout from the COVID-19 pandemic continues, customers continue to be wary of large group gatherings, and many are facing economic hardships. But eating out, or at the very least take out, seems somewhat pandemic proof. In their recent report, McKinsey ran down the current reality of the restaurant business. The verdict? Easy take-out options are crucial for a restaurant's survival in the immediate future.
New Jersey is known for its shopping, boasting the most malls in one area in the world—7 in just a 25 square mile radius. And while the pandemic may have put a temporary damper on the Garden State, New Jersey continues to see ongoing opening and expansion of retail.