While the pandemic has caused major disruption in most people’s lives and habits, consumers are without a doubt shifting their mindset on several key aspects of their lives, which will affect some trends. Whether it is how consumer’s grocery shop, work from home, prepare their food, get their exercise, travel more locally and have a renewed focus on what “clean” means, behaviors and attitudes have changed, some permanently.
Of course, as we learn and understand how consumers are acting in the present situation of the pandemic, we must also anticipate what the future may hold after the pandemic. And, as consumers continue to adapt and change their way of living, marketers and potential startups, especially small businesses, are challenged with figuring out what actions will last long after COVID-19 is over and the economy has re-opened. Stay-at-home may
Enter Amazon. Company leaders announced Tuesday it’s going to start carrying high-end brands. They’re calling the new venture Luxury Stores, and it’s only available through the app for prime members and by invitation only. If you have Amazon Prime and you haven’t gotten your invitation, click here. The first designer being featured is Oscar de la Renta. You can open your Amazon app and see the fall/winter collection along with handbags jewelry and accessories.
Restaurants going belly up
Luxury retailers aren’t the only ones struggling. It’s a tough time to own a restaurant. And it seems selling take-out is not enough. According to the National Restaurant Association, 100,000 eateries have closed in the last six months. That means one in six have either closed down permanently or for the foreseeable future. And nearly 3 million restaurant employees are out of work. Those that are still open are struggling. Last