In the social and economic fallout from COVID, businesses are assessing how best to address their commercial relationships, especially where potentially insurmountable barriers to performance loom large.

On May 11, 2020, the Superintendence of Industry and Commerce, issued a resolution with the purpose of determining the criteria that facilitate compliance with the regulations on protection of free competition.

The pandemic leads us to a situation typical of science fiction literature. No one had foreseen that this year we would find ourselves in a panorama of restricted freedoms and alteration of our family and economic relationships such as that imposed by this scourge.

Coronavirus Disease 2019 or “COVID-19” continues to dominate national and international discussion. News outlets in Boston, New York, London, Mumbai, Rio de Janeiro, Tokyo, and every other city and town in the world continue to post and print stories related to spread of the virus.

There continues to be a lot of discussion throughout the commercial real estate industry about competition from online retailers and the holes created by failing and downsizing businesses that have traditionally focused on brick and mortar stores.

The holidays are a hectic time for a lot of different reasons. This post will feature a summary of some key findings in the analysis of the 2019 holiday season done by Adobe Analytics.

It is a little-known fact that, in 1994, Blockbuster video was the first store to display pre-paid gift cards for sale. Unlike VHS rentals, the gift card industry has only grown in popularity.

Unconscious biases are thoughts and actions formed by our brains creating shortcuts to process the countless pieces of information we encounter daily and are informed by media, news, societal norms, and our experience. Our biases may not even be self-serving.

While increased occurrences of retail store closures and predictions about the death of the shopping mall are causing mall owners to consider downsizing or repurposing their space, the developers behind American Dream Mall, are doubling down on their use of entertainment space to attract customers. 

It may have been unthinkable ten to fifteen years ago, but the shift in consumer shopping patterns from brick-and-mortar stores to online platforms has resulted in the emergence of retail-to-industrial conversions. 

The last several years have been treacherous for the retail sector.  Changing shopping patterns and shifting demographics have led some commentators to declare that the (retail) apocalypse is upon us. 

It’s no secret that consumers have been shifting away from shopping at traditional brick-and-mortar stores in favor of shopping online. The trend has led to proclaim that, with some exceptions, the mall is more or less dead. 

Apparel merchandisers are predicting that resale will soon become a force in the industry and retailers are beginning to take notice.