Times have changed for retail. Especially during the COVID-19 pandemic, which increased ecommerce by staggering amounts with brick and mortar shops having to close their doors. Now that this unprecedented time is over, what does it mean for brick and mortar retail stores? Are they at risk or are they here to stay? Those who made the proper adjustments during the pandemic were able to keep their locations afloat and now they have areas for expansion in their business.
Statistics & Their Importance for Business Leaders
Statistics. Everyone reading this probably just had a nightmarish flashback of being in their college stats course. It’s a difficult subject. But why is statistical research important in business in the real world? Well, it’s because it enables brands to analyze past performances, predict future trends and utilize critical thinking with data-driven decision making.
