By: Joseph Scaretta Co-CEO and Founder of CS Hudson www.cs-hudson.com The retail and real estate industries are no strangers to suffering the impacts of economic downturns. Most notably, the 2008 economic crash created a significant hardship for these hard-hit sectors. Today, as a result of COVID-19's relentless and indiscriminate wrath, businesses on global scale are
feeling a financial crunch yet again. Consumers, retailers and corporations alike are struggling to avoid monetary ruin; and for those that are fortunate enough to survive this pandemic, economists project the situation may take years to fully recover from. The businesses that will endure, and the smaller
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percentage who will be able to carve out a niche for themselves and thrive amid this trying time, are those that successfully listen to the needs of consumers, bringing innovation and tenacity to fight the pandemic by realigning services and products to meet current demand.