Question
Opportunities and Challenges: How Post-Pandemic Reality Has Changed How People Shop Objective: Summarize and analyze the existing challenges of the retail industry from the consumers'
Opportunities and Challenges: How Post-Pandemic Reality Has Changed How People Shop
Objective: Summarize and analyze the existing challenges of the retail industry from the consumers' perspective and write an analysis of the retailers' response to post-pandemic reality.
Part 1: 1. Browse the internet, professional websites, and other relevant media to identify at least three trends/facts/tendencies related to the current situation. Collect the evidence. Input your findings into the first template. 2. Summary of the findings and at least one analytical paragraph, citing at least two different types of sources for each. Reference needs to be included.
Part 2: 1. Next, conduct research on the leading retailers and their responses to the 'new reality'. 2. 'Top Achievers': Identify at least three retailers that have adapted to the existing situation by implementing new business practices or procedures. Describe, summarize, analyze, and explain your choices. 3. 'Laggers': Afterwards, identify at least three retailers that have failed to address the situation in a sound and reasonable manner. Look at the examples of slow response. Describe, summarize, analyze, and explain your choices. 4. For each retailer, cite at least two different types of sources.
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