Retail is an important engine of the economy. It is undergoing rapid change. Have you seen local businesses closing down, temporarily or permanently – while millions more are attempting to start up? Will the country’s malls be reduced by half in the next decade?
Please read and consider the attached article. It was written before the pandemic and the volatile conditions that have resulted. How are the changes evident in the different frames we are using to understand organizations and their strategies and behaviors? What frames should receive most attention to sustain retail activity as we work our way through this extended crisis? Is there more current evidence to indicate trends that relate to retail life?