Articles by tag: business closures
There are rising concerns about increasing crime rates the past couple of years in the U.S., and the retail industry is no stranger to this. In fact, the 2022 National Retail Security Survey revealed a 26.5 percent increase in organized retail crime (ORC), according to the National Retail Foundation. How are retailers reacting? Some, like […]
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Retail
Will Small Businesses Face The Brunt Of Retail Closures?
Investment banking firm UBS predicts that one in five retail stores will close over the next five years, with significant losses in 2021 due to the COVID-19 pandemic. What does this mean for small businesses that might feel the most impact, and what does that mean for the folks on main street? Voice of B2B, […]