Normally, household budgets don’t change drastically from year to year. The costs of some items may increase while others may drop, and usually the quantities purchased change slowly. Needless to say, these are not ordinary times.
Here’s how small-business owners can adapt to the new retail landscape
The COVID-19 pandemic will likely be a defining moment for retailers, changing the way they sell, deliver, and promote products.
A recent study of shopping patterns during the pandemic found that a majority of people (64%) have replaced traditional weekly shopping trips with online ordering. And retailers that...