“We are finding that many times, the greatest minds in the construction industry also have the biggest and most generous hearts.”
2021 has rejuvenated a housing market boom; the construction industry added 110,000 jobs in March, recovering over 80% of the jobs lost during the pandemic. There is a newfound optimism for the sector emerging from the COVID-19 pandemic is on the horizon but not without its own struggles, from material shortages to labor shortages, and the unpredictability of COVID-19 variants can leave construction executives in limbo.
“We engage and support the local community through partnerships with organizations like the Chamber of Commerce, non-profits, and the local tech ecosystem.”
According to the Wall Street Journal “The pandemic resulted in the permanent closure of roughly 200,000 U.S. establishments above historical levels”, the resilience of small business owners focusing on hyperlocal business growth through the pandemic and beyond may be the difference for those who made it through. A community of businesses banding together to support each other’s success to keep economic development moving forward within a hyperlocal environment is a model for success in a post-Covid business environment.
For more than a year, pandemic-induced social and economic upheavals have been wreaking havoc on the retail landscape, forcing businesses to grapple with shifting industry regulations and drastic changes to supply chains, revenue streams, and consumer behavior.
Despite the fallout from Covid-19 which has led to business closures and the permanent loss of thousands of retail jobs, a number of retailers have not only survived or recovered but thrived during the pandemic.
Why have some businesses done so well while others have struggled? Having lots of cash reserves helps, of course, but whether it’s a large enterprise, small business, essential…
What we’re buying, how we shop and what we expect from retailers is shifting rapidly, and as physical shops reopen, a hybrid model of online and in-person retail is emerging. The retail landscape is going through an extensive makeover that started years ago and was kicked into overdrive by Covid-19 restrictions.
In the current climate, retailers need to give customers good reasons to shop with them, both online and in person. By offering personalized, intuitive, and seamless experiences through digital infrastructure and innovative offerings, these retailers are both retaining and growing their customer base.
At the start of the Covid-19 pandemic in the U.S., restrictions, supply chain disruptions and health concerns pushed consumers to change how they shopped, worked, traveled, ate, learned and interacted with one another. Nearly a year on, as consumers have tried new products and services and completely overhauled their routines, it looks like a number of these changes are here to stay.
These 4 shifts in consumer behavior were brought on or accelerated by the pandemic, but are poised to long outlast it:
Learn more about how Klēn helps…
Why do people love going out to eat? It’s not just about the food, convenience, or even the service, although they all matter. Eating out is really about the overall experience. Restaurants offer a shared space that’s not completely private, but also not quite public, a place to restore and spend time away from distractions and responsibilities.
Dining out is an important part of people’s lives, and consumers were spending an increasing proportion of their income on meals away from home before Covid-19 precautions forced restaurants to close earlier this year, and restrictions continue to limit dining capacities and depress…
Whether you enjoy it or absolutely dread it, shopping is a big part of the winter holiday season. Covid-19 concerns and restrictions have accelerated the shift to online retail that was already underway, and this year’s online purchases are on track to significantly outpace in-person holiday sales.
The current pandemic has changed when, where, and how we shop. Still, despite some consumer, hesitation to return to out-of-home activities, there are some excellent reasons that the traditional mall could still be a great place to shop this holiday season.
Since Covid-19 first emerged as a threat to public health earlier this year, restaurants have been managing months of uncertainty, and they continue to face new challenges almost every day. Restaurants have made impressive changes to accommodate Covid-19 requirements in order to stay viable while keeping staff and consumers safe.
With the patio season ending in much of the U.S., capacity restrictions and physical distancing requirements reduce the number of diners, putting an added strain on already struggling restaurants. …
Studio, health club and gym owners know very well that a workout is no longer just a matter of dropping in, throwing your towel on the bench and getting down to business. Athletic facilities have to comply with strict sanitation protocols and capacities have been severely reduced for workout spaces. In some regions, indoor group fitness classes are still not allowed.
This is a hard blow for the fitness industry, but offering a combination of online and in-person class options can keep students engaged and will be a key component of any successful long-term group fitness strategy.
Economic reopening amid COVID-19 has been a daunting process. By the end of June, all 50 states had started to resume regular business operations to some degree, but many states had to reverse or pause the reopening process when COVID-19 cases spiked.
State and local governments have struggled to find a balance of restrictions that are relaxed enough to let businesses function, yet are not so relaxed as to lead to a healthcare catastrophe. Businesses are juggling finances, employee needs, and supply chain disruptions, all while trying to adapt to changing government regulations and uncertain customer demand.
Streamline your reopening…