We know that retail startups are up, but alas, so too are retail failures; even higher than historical norms.
Why is this happening?
Yes, the headwinds for retailers right now are real, and plenty difficult.
- Is it Amazon? Or, the pandemic? Or tight money?
- Or supply chain problems? Or not enough good employees? Or Covid fatigue?
- Unable to keep up with competitors? Overly-demanding landlords?
- Downtowns or malls being slow to bring customers back?
- Or, some combination of factors? Or...? Or...?
Yes, the headwinds for retailers right now are real, and plenty difficult.