At the end of March 2020, the world of retail was struggling in ways it has never struggled before.
With COVID-19 shaking up the brick-and-mortar world, many expect that shopping center owners will having many vacancies on their hands in the months and years to come. For those whose job it is to fill those vacancies, wading through struggling and bankrupt chains to find businesses that are still seeking expansion opportunities will be a challenge.
The COVID-19 pandemic has changed just about every business, and while some are struggling because their target customers have different needs and buying habits now – whether by choice or due to government mandates, others are experiencing inflated sales because the product or service they provide has become more important to buyers than ever before (we’re looking at you, grocery stores).
States have been opening up in the last couple of weeks, which means some people are able to return to work. But are there jobs still there for them, or have them been eliminated entirely? The unemployment numbers this week (and in the weeks to come) might tell part of the story.
Two months into our global shutdown due to the coronavirus pandemic and one thing is pretty clear: there are some businesses that are inherently built to withstand a crisis like this one. One such industry: grocery.
Thanks to our data partner, Applied Geographic Solutions, we’re offering free unemployment data as a layer in SiteSeer. We’ll be updating the top metropolitan and micropolitan areas in the country every week here on the SiteSeer blog. Want to learn more? Contact us!