• Events
  • Marketplace
  • Resources
  • Press Releases
  • Business Directory
  • About Us
  • Advertise
  • Contact
The FUTURE OF WORK® since 2003
Allwork.Space
Subscribe
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
    How The Middle East Will Become A Financial Center In The Future Of Work

    How The Middle East Will Become A Financial Center In The Future Of Work

    Is Your Collaboration Smart

    Is Your Collaboration Smart?

    Demystifying Workplace Culture

    Demystifying Workplace Culture

    A Leader’s Guide To Creating Strong And Authentic Organizational Culture

    A Leader’s Guide To Creating Strong And Authentic Organizational Culture

    Boost Your Financial Know-How: Mastering Effective Strategies in the Future of Work

    Boost Your Financial Know-How: Mastering Effective Strategies in the Future of Work

    Why Human Connections Are A Business Advantage In A Remote World

    Why Human Connections Are A Business Advantage In A Remote World

    Is Adam Neumann’s Flow a bold new CRE/coworking venture, or just a repeat of past mistakes?

    Neumann’s Flow: A $1 Billion Valued Wildcard to Watch in 2023

    Identifying and Overcoming 4 Common Barriers to DEI

    Identifying and Overcoming 4 Common Barriers to DEI

    The Real Reasons for Hybrid Workers to Come to the Office

    The Real Reasons for Hybrid Workers to Come to the Office

  • Leadership
  • Work-life
    A New Approach To Work: The Benefits Of Implementing Activity-Based Working In Your Office

    A New Approach To Work: The Benefits Of Implementing Activity-Based Working In Your Office

    Use These Tools to Make Your Remote Work Dreams Come True

    Use These Tools to Make Your Remote Work Dreams Come True

    Are Digital Nomads Catalysts For Growth Or A Hazard To Locals?

    Are Digital Nomads Catalysts For Growth Or A Hazard To Locals?

    New Postpartum Depression Breakthrough Could Rewrite The Future Of Work For Mothers

    New Postpartum Depression Breakthrough Could Rewrite The Future Of Work For Mothers

    How To Actually Get Sh*t Done Working From Home

    How To Actually Get Sh*t Done Working From Home

    Chart Your Path To Leadership: 8 Proven Steps To Build Your Professional Credibility

    Chart Your Path To Leadership: 8 Proven Steps To Build Your Professional Credibility

    When Too Much Talk Turns Toxic

    When Too Much Talk Turns Toxic

    Your Dream Workation In The Swiss Alps Awaits (And It's More Affordable Than You Think)

    Your Dream Workation In The Swiss Alps Awaits (And It’s More Affordable Than You Think)

    Should DEI be the Cornerstone of Your Workplace Strategy?

    Should DEI be the Cornerstone of Your Workplace Strategy?

  • Career Growth
  • Tech
    AI Tools Making Space For More Architectural Creativity

    AI Tools Making Space For More Architectural Creativity

    How Can We Navigate The Ethical Minefield Of AI Moderation In The Future Of Work?

    How Can We Navigate The Ethical Minefield Of AI Moderation In The Future Of Work?

    TikTok’s robust new RTO monitoring software sparks employee backlash, concerns about tracking.

    TikTok’s MyRTO: The Future Of Office Attendance Or Employee Tracking Nightmare?

    6 Ways 6G Will Reshape The Future Of Work And Connectivity

    6 Ways 6G Will Reshape The Future Of Work And Connectivity

    8 Reasons Gamification is More Than Fun and Games At Work

    8 Reasons Gamification is More Than Fun and Games At Work

    Nexudus Unveils OpenAI Integration For Seamless Help Desk Automation

    Nexudus Unveils OpenAI Integration For Seamless Help Desk Automation

    The AI Revolution Liberating Workers From The Office

    The AI Revolution Liberating Workers From The Office

    Aerial Shift: How Drones are Redrawing the Landscape of the Future Workplace

    Aerial Shift: How Drones are Redrawing the Landscape of the Future Workplace

    AI Solutions Won’t Solve Workplace Well-Being Woes

    AI Solutions Won’t Solve Workplace Well-Being Woes

  • Design
    Gen Z’s Impact On The Workplace: Tech-Enabled And Collaborative

    Gen Z’s Impact On The Workplace: Tech-Enabled And Collaborative

    4 Priorities To Consider When Designing Workplaces For Gen Z

    4 Priorities To Consider When Designing Workplaces For Gen Z

    A Playful Office Doesn’t Have To Look Like a Playground

    A Playful Office Doesn’t Have To Look Like a Playground

    From Ghost Town Fridays To Vibrant Workspaces: The Power Of Synchronicity In Office Design

    From Ghost Town Fridays To Vibrant Workspaces: The Power Of Synchronicity In Office Design

    How Can Office Design Support Multigenerational Collaboration?

    How Can Office Design Support Multigenerational Collaboration?

    Are We Losing Sight Of How To Build A Better Workplace For The Future Of Work?

    Are We Losing Sight Of How To Build A Better Workplace For The Future Of Work?

    How Do You Prepare Your Office For Future Success? Design It For Gen Z

    How Do You Prepare Your Office For Future Success? Design It For Gen Z

    The Future of Work Includes Everyone — Tailoring Office Spaces for Neurodiversity

    The Future of Work Includes Everyone — Tailoring Office Spaces for Neurodiversity

    Top 10 Ways To Make People Feel More Comfortable And Productive At Work

    Top 10 Ways To Make People Feel More Comfortable And Productive At Work

  • Workforce
    Zooming In On Engagement: How Turning Off Your Camera Can Hurt Your Career

    Zooming In On Engagement: How Turning Off Your Camera Can Hurt Your Career

    Google’s Myth Of Losing Social Capital In Hybrid Work

    Google’s Myth Of Losing Social Capital In Hybrid Work

    How To Stop Micromanaging and Start Trusting Your Staff

    How To Stop Micromanaging and Start Trusting Your Staff

    5 Ways To Avoid Well-Being Washing And Provide Authentic Support To Employees

    5 Ways To Avoid Well-Being Washing And Provide Authentic Support To Employees

    rust-Building in Remote Work The Synergy Between Telehealth And Employee Well-being

    Trust-Building in Remote Work: The Synergy Between Telehealth And Employee Well-being

    Without any widely agreed upon courses and certificates, individuals that want to prove their proficiency with AI need to show their work and prove their worth on an individual level rather than utilizing an online course or certificate.

    How Can You Showcase AI Skills To Supercharge Your Resume?

    Unlocking the HR Secrets of Hybrid Work

    Unlocking the HR Secrets of Hybrid Work

    Redefining Employee Experiences: Why Leading Companies Prioritize EX Design

    Redefining Employee Experiences: Why Leading Companies Prioritize EX Design

    Mothers with Young Children Defy Expectations, Reach Record High Workforce Participation

    Mothers with Young Children Defy Expectations, Reach Record High Workforce Participation

  • Coworking
    For Flex Space Operators, Virtual Offices Are (Nearly) Pure Profit

    For Flex Space Operators, Virtual Offices Are (Nearly) Pure Profit

    Location, Location, Location: Why Your Next Coworking Space Should Be In A Residential Neighborhood

    Location, Location, Location: Why Your Next Coworking Space Should Be In A Residential Neighborhood

    Heads-up, Transactional Spaces: The Future Is Coming

    Heads-up, Transactional Spaces: The Future Is Coming

    Caffeine, Connection, And Career Growth: Coworking Cafés Are Brewing Productivity

    Caffeine, Connection, And Career Growth: Coworking Cafés Are Brewing Productivity

    It’s Time To Rethink Office Valuation Models

    It’s Time To Rethink Office Valuation Models

    Aiming Higher: Strategies to Advance Your Community Manager Career in Coworking Spaces

    Aiming Higher: Strategies to Advance Your Community Manager Career in Coworking Spaces

    WeWork’s Collapse Will Cause Massive Losses In The U.K. And Australia, Too

    WeWork’s Collapse Will Cause Massive Losses In The U.K. And Australia, Too

    How To Convert Clicks into Memberships: Optimizing Coworking Websites for Impactful Results

    Converting Clicks into Memberships: Optimizing Coworking Websites for Impactful Results

    Demand for Privacy and Security in Coworking and Flex Spaces Is Increasing: Is Your Business Prepared?

    Demand for Privacy and Security in Coworking and Flex Spaces Is Increasing: Is Your Business Prepared?

  • Marketing
    Take One Simple Step To Boost Buy-in And Brand Engagement

    Take One Simple Step To Boost Buy-in And Brand Engagement

    How Can Conversational Marketing Drive ROI And Human Connection In The Future Of Work?

    How Can Conversational Marketing Drive ROI And Human Connection In The Future Of Work?

    Community is Your Marketing Superpower

    Community is Your Marketing Superpower

    Unlock The Power Of Conversational Marketing To Attract and Retain Customers

    Unlock The Power Of Conversational Marketing To Attract and Retain Customers

    10 Reasons To Give Sprout Social A (Free) Try

    10 Reasons To Give Sprout Social A (Free) Try

    8 Reasons Why Sponsored Content Is Worth The Investment For Your Brand

    8 Reasons Why Sponsored Content Is Worth The Investment For Your Brand

    Instagram GenZ

    2023 Instagram Trends Reveal How To Market To Gen Z

    TrueView360 Interactive Virtual Tours

    TrueView360s Interactive Virtual Tours

    2023 Future Of Work Forecast: Focus Marketing On Values and Customer Experience, Not The Product

    2023 Future Of Work Forecast: Focus Marketing On Values and Customer Experience, Not The Product

  • CRE
    From Cubicles To Community Hubs: Reimagining Work As An Activity, Not A Place

    From Cubicles To Community Hubs: Reimagining Work As An Activity, Not A Place

    Dave Cairns

    Dave Cairns SVP of CBRE | Unlocking Urban Potential: Repurposing Office Spaces for Sustainable Development

    Remote Work And Rising Interest Rates Are Changing The Landscape Of Commercial Real Estate

    Remote Work And Rising Interest Rates Are Changing The Landscape Of Commercial Real Estate

    The Future of NYC Real Estate: How Remote Work is Reshaping Investment Dynamics

    The Future of NYC Real Estate: How Remote Work is Reshaping Investment Dynamics

    What's Going On With Office Vacancies?

    What’s Going On With Office Vacancies?

    75% Of Business Leaders Lack Data Needed For Crucial CRE Decisions

    75% Of Business Leaders Lack Data Needed For Crucial CRE Decisions

    Rapid Work Style Shifts Are Tanking Tax Revenues — Can City Planners Catch Up?

    Rapid Work Style Shifts Are Tanking Tax Revenues — Can City Planners Catch Up?

    San Francisco Skyline

    The Future of Commercial Real Estate in San Francisco Doesn’t Look Good

    3 Things CRE Players Must Do To Stay Relevant In 2023

    2023 Future Of Work Forecast: 3 Things CRE Players Must Do To Stay Relevant In 2023

  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
  • All Topics
    • Business
    • Biophilic Design
    • Career Growth
    • Coliving
    • Collaboration
    • Coworking
    • CRE
    • DE&I
    • Digital Nomads
    • Future of Work
    • Home Office
    • Human Resources (HR)
    • Hybrid Work
    • Investment
    • Leadership
    • Marketing
    • Mental Health
    • Mergers & Acquisitions
    • Office Furniture
    • Productivity
    • PropTech
    • Remote Work
    • Self-care
    • SMBs
    • Social Impact
    • Space-as-a-Service
    • Technology
    • Virtual Office
    • Work-life Balance
    • Workforce
    • Workplace Design
    • Workplace Wellness
  • News
  • Business
    How The Middle East Will Become A Financial Center In The Future Of Work

    How The Middle East Will Become A Financial Center In The Future Of Work

    Is Your Collaboration Smart

    Is Your Collaboration Smart?

    Demystifying Workplace Culture

    Demystifying Workplace Culture

    A Leader’s Guide To Creating Strong And Authentic Organizational Culture

    A Leader’s Guide To Creating Strong And Authentic Organizational Culture

    Boost Your Financial Know-How: Mastering Effective Strategies in the Future of Work

    Boost Your Financial Know-How: Mastering Effective Strategies in the Future of Work

    Why Human Connections Are A Business Advantage In A Remote World

    Why Human Connections Are A Business Advantage In A Remote World

    Is Adam Neumann’s Flow a bold new CRE/coworking venture, or just a repeat of past mistakes?

    Neumann’s Flow: A $1 Billion Valued Wildcard to Watch in 2023

    Identifying and Overcoming 4 Common Barriers to DEI

    Identifying and Overcoming 4 Common Barriers to DEI

    The Real Reasons for Hybrid Workers to Come to the Office

    The Real Reasons for Hybrid Workers to Come to the Office

  • Leadership
  • Work-life
    A New Approach To Work: The Benefits Of Implementing Activity-Based Working In Your Office

    A New Approach To Work: The Benefits Of Implementing Activity-Based Working In Your Office

    Use These Tools to Make Your Remote Work Dreams Come True

    Use These Tools to Make Your Remote Work Dreams Come True

    Are Digital Nomads Catalysts For Growth Or A Hazard To Locals?

    Are Digital Nomads Catalysts For Growth Or A Hazard To Locals?

    New Postpartum Depression Breakthrough Could Rewrite The Future Of Work For Mothers

    New Postpartum Depression Breakthrough Could Rewrite The Future Of Work For Mothers

    How To Actually Get Sh*t Done Working From Home

    How To Actually Get Sh*t Done Working From Home

    Chart Your Path To Leadership: 8 Proven Steps To Build Your Professional Credibility

    Chart Your Path To Leadership: 8 Proven Steps To Build Your Professional Credibility

    When Too Much Talk Turns Toxic

    When Too Much Talk Turns Toxic

    Your Dream Workation In The Swiss Alps Awaits (And It's More Affordable Than You Think)

    Your Dream Workation In The Swiss Alps Awaits (And It’s More Affordable Than You Think)

    Should DEI be the Cornerstone of Your Workplace Strategy?

    Should DEI be the Cornerstone of Your Workplace Strategy?

  • Career Growth
  • Tech
    AI Tools Making Space For More Architectural Creativity

    AI Tools Making Space For More Architectural Creativity

    How Can We Navigate The Ethical Minefield Of AI Moderation In The Future Of Work?

    How Can We Navigate The Ethical Minefield Of AI Moderation In The Future Of Work?

    TikTok’s robust new RTO monitoring software sparks employee backlash, concerns about tracking.

    TikTok’s MyRTO: The Future Of Office Attendance Or Employee Tracking Nightmare?

    6 Ways 6G Will Reshape The Future Of Work And Connectivity

    6 Ways 6G Will Reshape The Future Of Work And Connectivity

    8 Reasons Gamification is More Than Fun and Games At Work

    8 Reasons Gamification is More Than Fun and Games At Work

    Nexudus Unveils OpenAI Integration For Seamless Help Desk Automation

    Nexudus Unveils OpenAI Integration For Seamless Help Desk Automation

    The AI Revolution Liberating Workers From The Office

    The AI Revolution Liberating Workers From The Office

    Aerial Shift: How Drones are Redrawing the Landscape of the Future Workplace

    Aerial Shift: How Drones are Redrawing the Landscape of the Future Workplace

    AI Solutions Won’t Solve Workplace Well-Being Woes

    AI Solutions Won’t Solve Workplace Well-Being Woes

  • Design
    Gen Z’s Impact On The Workplace: Tech-Enabled And Collaborative

    Gen Z’s Impact On The Workplace: Tech-Enabled And Collaborative

    4 Priorities To Consider When Designing Workplaces For Gen Z

    4 Priorities To Consider When Designing Workplaces For Gen Z

    A Playful Office Doesn’t Have To Look Like a Playground

    A Playful Office Doesn’t Have To Look Like a Playground

    From Ghost Town Fridays To Vibrant Workspaces: The Power Of Synchronicity In Office Design

    From Ghost Town Fridays To Vibrant Workspaces: The Power Of Synchronicity In Office Design

    How Can Office Design Support Multigenerational Collaboration?

    How Can Office Design Support Multigenerational Collaboration?

    Are We Losing Sight Of How To Build A Better Workplace For The Future Of Work?

    Are We Losing Sight Of How To Build A Better Workplace For The Future Of Work?

    How Do You Prepare Your Office For Future Success? Design It For Gen Z

    How Do You Prepare Your Office For Future Success? Design It For Gen Z

    The Future of Work Includes Everyone — Tailoring Office Spaces for Neurodiversity

    The Future of Work Includes Everyone — Tailoring Office Spaces for Neurodiversity

    Top 10 Ways To Make People Feel More Comfortable And Productive At Work

    Top 10 Ways To Make People Feel More Comfortable And Productive At Work

  • Workforce
    Zooming In On Engagement: How Turning Off Your Camera Can Hurt Your Career

    Zooming In On Engagement: How Turning Off Your Camera Can Hurt Your Career

    Google’s Myth Of Losing Social Capital In Hybrid Work

    Google’s Myth Of Losing Social Capital In Hybrid Work

    How To Stop Micromanaging and Start Trusting Your Staff

    How To Stop Micromanaging and Start Trusting Your Staff

    5 Ways To Avoid Well-Being Washing And Provide Authentic Support To Employees

    5 Ways To Avoid Well-Being Washing And Provide Authentic Support To Employees

    rust-Building in Remote Work The Synergy Between Telehealth And Employee Well-being

    Trust-Building in Remote Work: The Synergy Between Telehealth And Employee Well-being

    Without any widely agreed upon courses and certificates, individuals that want to prove their proficiency with AI need to show their work and prove their worth on an individual level rather than utilizing an online course or certificate.

    How Can You Showcase AI Skills To Supercharge Your Resume?

    Unlocking the HR Secrets of Hybrid Work

    Unlocking the HR Secrets of Hybrid Work

    Redefining Employee Experiences: Why Leading Companies Prioritize EX Design

    Redefining Employee Experiences: Why Leading Companies Prioritize EX Design

    Mothers with Young Children Defy Expectations, Reach Record High Workforce Participation

    Mothers with Young Children Defy Expectations, Reach Record High Workforce Participation

  • Coworking
    For Flex Space Operators, Virtual Offices Are (Nearly) Pure Profit

    For Flex Space Operators, Virtual Offices Are (Nearly) Pure Profit

    Location, Location, Location: Why Your Next Coworking Space Should Be In A Residential Neighborhood

    Location, Location, Location: Why Your Next Coworking Space Should Be In A Residential Neighborhood

    Heads-up, Transactional Spaces: The Future Is Coming

    Heads-up, Transactional Spaces: The Future Is Coming

    Caffeine, Connection, And Career Growth: Coworking Cafés Are Brewing Productivity

    Caffeine, Connection, And Career Growth: Coworking Cafés Are Brewing Productivity

    It’s Time To Rethink Office Valuation Models

    It’s Time To Rethink Office Valuation Models

    Aiming Higher: Strategies to Advance Your Community Manager Career in Coworking Spaces

    Aiming Higher: Strategies to Advance Your Community Manager Career in Coworking Spaces

    WeWork’s Collapse Will Cause Massive Losses In The U.K. And Australia, Too

    WeWork’s Collapse Will Cause Massive Losses In The U.K. And Australia, Too

    How To Convert Clicks into Memberships: Optimizing Coworking Websites for Impactful Results

    Converting Clicks into Memberships: Optimizing Coworking Websites for Impactful Results

    Demand for Privacy and Security in Coworking and Flex Spaces Is Increasing: Is Your Business Prepared?

    Demand for Privacy and Security in Coworking and Flex Spaces Is Increasing: Is Your Business Prepared?

  • Marketing
    Take One Simple Step To Boost Buy-in And Brand Engagement

    Take One Simple Step To Boost Buy-in And Brand Engagement

    How Can Conversational Marketing Drive ROI And Human Connection In The Future Of Work?

    How Can Conversational Marketing Drive ROI And Human Connection In The Future Of Work?

    Community is Your Marketing Superpower

    Community is Your Marketing Superpower

    Unlock The Power Of Conversational Marketing To Attract and Retain Customers

    Unlock The Power Of Conversational Marketing To Attract and Retain Customers

    10 Reasons To Give Sprout Social A (Free) Try

    10 Reasons To Give Sprout Social A (Free) Try

    8 Reasons Why Sponsored Content Is Worth The Investment For Your Brand

    8 Reasons Why Sponsored Content Is Worth The Investment For Your Brand

    Instagram GenZ

    2023 Instagram Trends Reveal How To Market To Gen Z

    TrueView360 Interactive Virtual Tours

    TrueView360s Interactive Virtual Tours

    2023 Future Of Work Forecast: Focus Marketing On Values and Customer Experience, Not The Product

    2023 Future Of Work Forecast: Focus Marketing On Values and Customer Experience, Not The Product

  • CRE
    From Cubicles To Community Hubs: Reimagining Work As An Activity, Not A Place

    From Cubicles To Community Hubs: Reimagining Work As An Activity, Not A Place

    Dave Cairns

    Dave Cairns SVP of CBRE | Unlocking Urban Potential: Repurposing Office Spaces for Sustainable Development

    Remote Work And Rising Interest Rates Are Changing The Landscape Of Commercial Real Estate

    Remote Work And Rising Interest Rates Are Changing The Landscape Of Commercial Real Estate

    The Future of NYC Real Estate: How Remote Work is Reshaping Investment Dynamics

    The Future of NYC Real Estate: How Remote Work is Reshaping Investment Dynamics

    What's Going On With Office Vacancies?

    What’s Going On With Office Vacancies?

    75% Of Business Leaders Lack Data Needed For Crucial CRE Decisions

    75% Of Business Leaders Lack Data Needed For Crucial CRE Decisions

    Rapid Work Style Shifts Are Tanking Tax Revenues — Can City Planners Catch Up?

    Rapid Work Style Shifts Are Tanking Tax Revenues — Can City Planners Catch Up?

    San Francisco Skyline

    The Future of Commercial Real Estate in San Francisco Doesn’t Look Good

    3 Things CRE Players Must Do To Stay Relevant In 2023

    2023 Future Of Work Forecast: 3 Things CRE Players Must Do To Stay Relevant In 2023

  • Podcast
  • More
    • Advertise With Us
    • Marketplace
    • Events
No Result
View All Result
Allwork.Space
Nexudus Ad
Home Business

The Retail Industry Struggles with Multiple Threats and Not Enough Workers, Here’s How It Will Change

The retail industry’s post-pandemic vision looks quite different from its pre-pandemic model. Online shopping will largely take precedence, and in-store shopping will likely become less about shopping, and more about experiences.

Daniel LehewychbyDaniel Lehewych
December 8, 2021
in Business
A A
The Retail Industry Struggles with Multiple Threats and Not Enough Workers
Share on FacebookShare on TwitterShare to Network
OfficerRnD_ Flex Startup Program_Image_Leaderboard_AllWork_728x90

More stories for you

Location, Location, Location: Why Your Next Coworking Space Should Be In A Residential Neighborhood

Location, Location, Location: Why Your Next Coworking Space Should Be In A Residential Neighborhood

2 days ago
Google’s Myth Of Losing Social Capital In Hybrid Work

Google’s Myth Of Losing Social Capital In Hybrid Work

4 days ago
How The Middle East Will Become A Financial Center In The Future Of Work

How The Middle East Will Become A Financial Center In The Future Of Work

2 weeks ago
U.S. Office Vacancies Reach 15-Year High

U.S. Office Vacancies Reach 15-Year High

2 weeks ago
  • Traditional retail outlets struggled prior to the pandemic as consumers enjoyed the convenience of online shopping.
  • The pandemic amplified this trend and technology companies have enjoyed record profits during the health crisis.
  • In-store shopping must evolve and innovate to survive, and big changes are being implemented.

The world of retail is currently experiencing labor shortages and high consumer demand, simultaneously. While it is unclear how the industry plans to cope with these matters in the short-term, in the long-term, we can expect big changes that are already being implemented.

The way retail shopping and work is managed is going to change after the pandemic. 

Survey

But in what ways? Will we regain the pre-pandemic model of the retail industry? Or will things shift completely to online shopping?

The shift began before the pandemic

The pandemic has transferred the general world of work over to the internet. 

Remote work is at an all time high, and this is projected to only increase as time goes on. The retail industry – with respect to working and consuming — is no exception in this respect. However, the pandemic didn’t cause this shift to occur: it simply amplified a shift that was already in motion.

Prior to the pandemic, consumers already began to shift from going into stores to shop, to simply shopping online. The pandemic simply made it so –at least initially– online shopping was the only option.

The United Nations’ division on trade and development, UNCTAD, reported “the e-commerce sector saw a ‘dramatic’ rise in its share of all retail sales, from 16 percent to 19 percent in 2020,” boosting global e-commerce to $26.7 trillion because of Covid-19.

Changes in what consumers buy online

The pandemic has changed the types of things people buy online.  For instance, shopping for groceries online pre-pandemic was quite uncommon. Now, by contrast, 61 percent more consumers shop online for groceries.

Working in retail during the pandemic initially entailed not working at all. Retail workers –at least in the U.S.– were not considered essential workers, and thus were out of work.

Now that things are beginning to re-open –and in some states, like New York, where things have been virtually back to normal for months– retail workers aren’t necessarily coming back. 

In September alone, 685,000 retail workers quit their jobs, according to the U.S. Bureau of Labor Statistics.

Retail workers are leaving their jobs in droves because of the poor conditions and low pay. Nominal pay raises and improved benefits by retailers have failed to entice workers back to the cash registers, stock rooms, and restaurant kitchens. 

What new developments are here to stay post-pandemic?

Online shopping will continue to increase

Online shopping is here to stay and comes with benefits. 

However, we should not get our hopes up that online shopping will totally replace in-store shopping. 91 percent of shoppers report that they miss being able to shop in-stores. The demand is there, and thus the retail industry will supply.

Nonetheless, in-person shopping will become subordinated to online shopping. According to the U.S. Centre for Retail Research, “rapid online growth will continue for at least another eight to ten years … between one-in-ten and one-in five stores will no longer be needed.”

“Rapid online growth will continue for at least another eight to ten years … between one-in-ten and one-in five stores will no longer be needed.”

U.S. Centre for Retail Research

While we will not be saying goodbye to retail stores completely, it seems inevitable that we will see fewer of them.

Challenges with supply-chains

The current labor shortage in the retail sector is one reason –among others, such as a literal lack of space in dock yards for offloading– there are currently issues with the supply chain. According to Johns Hopkins University, labor shortages and supply chain problems reinforce one another.

When prices change, demand does as well, and when demand increases while the amount of laborers decreases, it makes conditions for existing retail laborers even more challenging. This, combined with the increased use of online shopping may drive even more workers to quit their retail jobs in the coming year.

Indeed, “the full impact of supply chain issues is yet to be felt.” The future for retail consumers will be less variety and higher prices. And the future for retail workers might either entail long-term negotiations for better working conditions or simply less available jobs.

The potential rise of experiential retail

As stated earlier, online shopping is going to make in-store shopping a subsidiary form of retail consumption. However, this isn’t necessarily a bad thing for in-store shopping. In fact, it might even enhance in-store shopping.

While in-store shops will reduce their numbers, quality might overtake quantity with the advent of “experiential retail” shops. These sorts of stores have actually been around for quite some time. I personally have fond memories of the Toys R Us in Times Square, which was far more than a store –it was essentially a store embedded within an amusement park!

Experiential retail stores are designed for more than shopping: as the name suggests, they’re designed to give customers a memorable experience. 72 percent of millennials, for instance, report that they’re more willing to spend money on memorable experiences than they are on merely shopping.

Expect more experiential in-store environments

If in-store shopping will become the minority of retail experiences, retail companies must create incentives to entice consumers. 

The shift over to experiential retail shops has already begun. Malls throughout the U.S., for instance, have already spent billions of dollars on creating experiential malls with theme parks in them. Unfortunately, many of these malls were created before Covid, so the bills are now piling up –creating even more of an incentive for retailers to get people into stores and malls to have these memorable experiences.

The retail industry’s post-pandemic vision looks quite different from its pre-pandemic model. Online shopping will largely take precedence, and in-store shopping will likely become less about shopping, and more about experiences. The hope for retailers in the long-term is that retail workers are accommodated as these changes take place, and that such accommodation can help to reduce supply chain issues.

Subscribe to Allwork.Space
Tags: BusinessTechnology
Daniel Lehewych

Daniel Lehewych

Daniel has been freelance writing for over 3 years now. He cover topics ranging from politics, philosophy, culture, and current events, to health, fitness, medicine, relationships, and mental health. He is currently completing a Master's Degree in Philosophy at the CUNY Graduate Center in New York City, where I specialize in moral psychology, cognitive science, and the philosophy of mind.

No Result
View All Result
Survey
OfficerRnD_ Flex Startup Program_Illustration_Square_AllWork_300х250

Latest News

Latino Workforce Drives U.S. Economic Growth, Surpassing Expectations

Latino Workforce Drives U.S. Economic Growth, Surpassing Expectations

September 29, 2023
Walmart Joins Major U.S. Companies Shifting Focus To Skills Over Degrees

Walmart Joins Major U.S. Companies Shifting Focus To Skills Over Degrees

September 29, 2023
Apprenticeships Could Solve High-Turnover, Low-Pay Crisis

Apprenticeships Could Solve High-Turnover, Low-Pay Crisis

September 28, 2023
India Experiences Rise In Eco-Friendly Workplaces

India Experiences Rise In Eco-Friendly Workplaces

September 28, 2023
U.K. Commercial Landlords Pivot To Flexible Workspaces On High Demand

U.K. Commercial Landlords Pivot To Flexible Workspaces On High Demand

September 28, 2023
Open Internet Battle Resumes: How Could Net Neutrality Revival Shape the Future of Work?

Open Internet Battle Resumes: How Could Net Neutrality Revival Shape the Future of Work?

September 27, 2023

News and Features

Business

Tech

Marketing

Design

Work-life

CRE

Coworking

Workforce

Daily Digest

Podcast

Resources

Marketplace

Events

Press Releases

FlexSpace, Coworking
and Office Space

Los Angeles

New York

Chicago

Washington, D.C.

Houston

Dallas

Miami

San Francisco

Atlanta

Philadelphia

Seattle

Austin

Company

About Us

Submit to Allwork.Space

Contact

Advertise

FlexSpace

Terms Of Use

FlexSpace FAQs

Privacy Policy

Connect with Allwork.Space

Twitter

Linkedin

Facebook

Instagram

YouTube

Apple Podcasts

Spotify

Google Podcasts

©2023 Allwork.Space  l  Exploring the FUTURE OF WORK® since 2003.

No Result
View All Result
  • Home
  • News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Experts
    • Podcast
    • Opinions
  • Resources
    • Research + Reports
    • Marketplace
    • Find Office Space
    • Find Remote Jobs
    • Press
  • Events
  • About Us
    • Advertise
    • Submit to Allwork.Space
    • Contact
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00