Insight Report 11 minutes PremiumSmall Businesses in US Retail: Five Things To Know About Their Pandemic-Led Collapse and Renaissance Coresight Research June 23, 2021 What's InsideSmall businesses were hit especially hard at the outset of the pandemic-induced economic crash but have since recovered well. We discuss the state of small businesses in the US today, with a focus on retail. We draw comparisons to the recovery of small businesses following the 2008 global financial crisis (GFC) to frame the current rebound. We present five things to know across the following topics: Business closures at the outset of the Covid-19 crisis Patterns of closures amid the GFC and Covid-19 New openings of small businesses Pandemic recovery so far and the challenges ahead Small businesses that are best positioned to thrive moving forward This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Retail-Related Activities Tick Down: China Consumer TrackerWeekly US and UK Store Openings and Closures Tracker 2024, Week 8: Close to Half of Body Shop UK Stores To CloseGenerative AI Latest: Indian Conglomerates Enter the Space, the US Drives the Responsible Use of AI, Adobe Launches New ProductsWhere Do Shoppers Cross the Aisle?: US Consumer Tracker Extra, May 2023
