Demand for cold-storage space has surged after bars, restaurants and sports venues closed, leaving their suppliers hunting for new customers or somewhere to store the unsold food. Products like vegetables and meat that are usually sold fresh are now competing with frozen food staples for the same storage space.
Joel Rampoldt, managing director of retail practice at AlixPartners, lays out the basics of a survival strategy that retailers can follow, both now and after the pandemic has subsided.
A conversation about how the coronavirus pandemic has altered retail sourcing and selling strategies, with Cathy Leonhardt, co-head of consumer retail, and Jason Russell, head of industrial technology and software, with PJ Solomon.
Omnichannel retailers face many challenges in satisfying customer demands. Justin Cramer, co-founder of ProShip, discusses how they can make the best use of technology to enhance service while decreasing operational costs.