Eighty-three percent of C-level executives feel that retail and dining will be changed forever, according to Cambridge Retail Advisors.
Continue readingWill Retail and Dining be Changed Forever?
Retail ‘Armageddon’ Predictions Spur Alternative Scenarios
According to Cambridge Retail Advisors, 56 percent of C-level executives feel the pandemic will permanently change the way people shop, and that most consumers will move exclusively to BOPIS (buy online, pick up in-store) or BOPAC (buy online, pick up at curb) shopping, processes that begin online and end at the store.
Continue readingRetail, Restaurants Forever Changed Due To Pandemic
The vast majority of C-level executives in retail and restaurants companies (83%) believe that shopping and dining will never return to pre-pandemic models, according to a study.
Continue readingStudy: New C-suite position needed to deal with health, safety
Retail and restaurant companies must take an aggressive, multifaceted approach to health and safety. That’s one of the recommendations of a new report by Cambridge Retail Advisors, “Adapting to the New Normal,” which said that C-level leadership — specifically a chief health officer — is needed to establish a vision for chainwide public health and ensure store-level initiatives are executed timely and effectively.
Continue reading83% of C-level Executives Feel that Retail and Dining will be Changed Forever, According to New Cambridge Retail Advisors Report
As retail and restaurant organizations continue to deal with the new realities caused by the COVID-19 pandemic, they are modifying people, process and technology to adapt to evolving consumer expectations and new guidelines and mandates for health and safety.
Continue readingRetail advisor offers guidelines for safe re-openings
Home furnishings retailers that are preparing to open showrooms due to relaxed restrictions following the COVID-19 pandemic can look to a guide from Cambridge Retail Advisors for preparation tips.
Continue readingSupermarkets Set Buying Limits On Meat, Are ‘Confident Supply Will Stabilize’
Buying limits on meat items are becoming common practice at supermarkets around Massachusetts.
Ken Morris, a retail analyst, says supply is down for meat products while demand is through the roof. “Now we’re going to have people hoarding meats,” Morris said. “That’s going to be a reality.”