Manufacturing Supply Chain Brick & Mortar Sustainability

December 14, 2020

Executive Summary
The retail industry is one filled with hundreds and thousands of companies aiming to make a mark in the mind of consumer. With the ever present coronavirus pandemic, that has proven to be both a challenge and a strength for many companies, big and small. Each and every sector is being affected differently when it comes to retail, from manufacturing to sustainability. It's important for these companies to understand what are the factors that drive their success during this time, and how they can expand and improve upon those for the greater good of the consumer.
Manufacturing
How Blockchain Brings The Story Of Luxury Goods To Light: From Retail To Re-Tale
Forbes, June 19, 2020
 
Why aren't spring and summer fashion on store shelves? Blame coronavirus Many retailers depend on clothing made in China
TheGazette.com, June 19, 2020
 
Retail sales exceed expectations in May, but uncertainty about recovery remains
KOMO News, June 17, 2020
 
Pandemic Accelerates Retailers’ Need For Digital Operations
Forbes, June 16, 2020
 
U.S. retail sales post record increase; big hole remains
Reuters, June 16, 2020
 
Supply Chain
Retail meat sales still highly elevated as customers continue home cooking during pandemic
Supermarket News, June 17, 2020
 
Deloitte: Seven Trends Impacting the Retail and Consumer Products Industries Amid a Global Pandemic and Beyond
Markets Insider- Business Insider, June 17, 2020
 
Beyond COVID-19: Retail and Apparel Supply Chains
Gartner Inc., June 15, 2020
 
COVID-10 exposes retail’s supply chain shortcomings
RetailWire, June 15, 2020
 
Brick & Mortar
National Retail Federation hosts virtual 'store tours' for lawmakers amid coronavirus
The Hill, June 17, 2020
 
The Retail Apocalypse And COVID-19 Are No Respecters Of Reputations: Just Ask Macy’s, Nordstrom And John Lewis
Forbes, June 13, 2020
 
Best Practices for Reopening your Retail Store after COVID-19
Shopify Gold, June 17, 2020
 
New Raydiant Report Shows How Brick and Mortar Retailers Are Preparing to Reopen
Markets Insider- Business Insider, June 18, 2020
 
Sustainability
West Paw expands retail presence through Petco partnership
Pet Food Processing, June 19, 2020
 
Macerich Retail Properties Now Open Nationwide
Markets Insider- Business Insider, June 18, 2020
 
Made-For-The-Active-Woman Watch Manufacturer Shows How Niche Retail Can Battle COVID-19's Financial Distress
Benzinga, June 16, 2020
 
Quick, Efficient Retail Supply Chains Are Essential In Post Pandemic Period
Forbes, June 10, 2020
 
Reading the New Retail Tea Leaves
Progressive Grocer, June 9, 2020
 
Manufacturing
Forbes, June 19, 2020

As the manufacturing industry accounts for about 16% of global GDP, it has taken quite a toll due to the coronavirus pandemic. In reference to retail, it takes a blow in light of how consumer spending will be changing post-pandemic. 

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TheGazette.com, June 19, 2020

With the pandemic there was a significant impact on the fashion industry, especially as large scale retailers such as Nordstrom, Nike, and Gap have their goods manufactured overseas in locations like China. With the apparel industry working to recover, there will be a multitude of changes from development to final delivery of product to retailers.

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KOMO News, June 17, 2020

While retail is slowly beginning to make a comeback since the pandemic started, there are still doubts about the recovery process. Depite the doubts, there is a postive outlook for the future of retail manufacturing as the economy begins to improve faster than expected. 

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Forbes, June 16, 2020

Retail will need to focus more on building partnerships and customer relationships amidst the increase of digital operations due to the pandermic. Many retail manufacturers will have to begin to shift a focus to consumer digital sales. 

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Reuters, June 16, 2020

As the United States retail industry starts to recover, the manufacturing industry does as well. Surges in demand for motor vehicles has assisted in the improvement for the industry but overall, manufacturing accounts for 11% of the economy and it remains held back by supply-chain disruptions.

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Supply Chain
Supermarket News, June 17, 2020

The retail demand for meat has steadily increased since last year. Recent June IRI data goes to show that despite the increase in demand, there's supply chain issues. 

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Markets Insider- Business Insider, June 17, 2020

Recent studies from April showcase that there's been a 40% decrease in consumer spend across all retail categories. Price and supply chain constraints have been significant factor that contribute to the growth. 

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Gartner Inc., June 15, 2020

With the apparel industry already struggling prior to the pandemic, it's turned into an crisis now. Supply chain officers have to reconsider all the strategies and plans to pull the industry above water. 

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RetailWire, June 15, 2020

The coronavirus pandemic has shed light to how the retail industry responds to challeges both interally and externally. One of the most prominent challenges involves the supply chain factor and the article provides an insight into the most effective supply chain strategies during COVID-19.

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Brick & Mortar
The Hill, June 17, 2020

The National Retail Foundation has been trying to convert the usual physical tours that brick and mortar stores do with congress into virtual tours. This is especially important for small business owners during this time to speak about the challenges they've been facing in the pandemic. 

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Forbes, June 13, 2020

Reputation has been hard to uphold for many retailers, especially with those who have massive brick and mortar stores all across the United States. On a global scale, the retail sector has been severely impacted and facing a different kind of threat than ever before with the coronavirus pandemic. 

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Shopify Gold, June 17, 2020

While there are many traditional retailers who have been shut down or had a steep decline due to the pandemic, there's still a plethora of retailers who are either focusing on brick and mortar stores they already have or making plan to have one. With the advantages in lower rent and customer loyalty, many online retailers are looking at the pandemic as a push into the physical landscape of retail.

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Markets Insider- Business Insider, June 18, 2020

New reports are showcasing how brick and mortar stores are going to make a comeback amidst the coronavirus pandemic. In a survey done of about 400 stores, many findings show a shift in commercial real estate, permanance of curbside pickup, different in-store experiences, and more. 

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Sustainability
Pet Food Processing, June 19, 2020

A leading sustainable pet company, West Paw, just announced it's expanision into the retail market by now being sold in Petco. The company will have a presence both online and in-stores and president and chief executive officer Spencer Williams stated “As we look at the ever-evolving retail landscape, and all that is happening in the world, we see businesses working hard to remain viable by adapting to the needs of the consumer,”.

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Markets Insider- Business Insider, June 18, 2020

The retail sector is consumed and filled by hundered and thousands of companies striving to be the best. Macerich comes out as a recognized leader in sustainability and has recieved #1 GRESB ranking in the North American Retail Sector from 2015-2019.

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Benzinga, June 16, 2020

The Abingdon Co. is a women's watch manufacturer and retailer which prides itself for being a part of the retail industry in a completely sustainable way. With a mission to connect to their audience who is primarily women engaged in active outdoor professions and hobbies, the company has been making major strides internally during the pandemic. 

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Forbes, June 10, 2020

While the retail economy is beginning to recover from the coronavirus pandemic, it has yet to do so fully and it will probably take quite a while as well. The best way to improve on the retail industry will be to reevaluate all aspects of the supply chain model, which includes customers’ values and address issues such as sustainability, safety, cleanliness, and social distancing. 

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Progressive Grocer, June 9, 2020

In an ever changing society, especially during this time with a global pandemic, retail will have to reconsider how to approach the trials and tribulations coming its way. New models of retail will have to be developed with a heavy focus on health and sustainability.

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