The world unfold of COVID-19 and ensuing orders to shelter in place have hit retailers arduous.
As the pandemic drags on, non permanent halts have gotten everlasting closures, whether or not it’s the espresso store subsequent door, a historic bar or a well known way of life model.
But whereas the current is essentially bleak, making ready for the long run has retailers adopting applied sciences sooner than ever. Their resilience and innovation means retail will look and payment completely different when the world reopens.
We gathered 4 views on the way forward for retail from the TechCrunch crew:
- Natasha Mascarenhas says retailers might want to discover new methods to promote aspirational merchandise — and what was as soon as cringe-worthy may now be thought-about revolutionary.
- Devin Coldewey sees companies adopting a slew of inventive digital companies to arrange for the long run and empower them with out Amazon’s platform.
- Greg Kumparak thinks the supply and curbside pickup developments will transfer from pandemic-essentials to on a regular basis occurrences. He thinks that retailers might want to discover new methods to attraction to customers in a “shopping-by-proxy” world.
- Lucas Matney views a revitalized curiosity in expertise across the checkout course of, as retailers search for methods to make the buying expertise extra seamless (and fewer high-touch).
Alexa, how do I look?