The "once in a life-time" impact on retail created as a result of the Covid-19 pandemic has accelerated the secular shift that has gradually been impacting retail for the past 10+ years; namely the shift to digital and the declining viability of regional "B," "C" and "D" malls. This secular shift over the past decade has resulted in a gradual decline in retailer productivity and profitability as, for most retailers, digital sales represented a cannibalization of their brick-and-mortar store volume, rather than an increase in total revenue. Many …
Mark Cohen and Anthony Karabus
About Mark Cohen and Anthony Karabus
Antony Karabus is CEO and Co-Founder of HRC Retail Advisory, a leading retail strategy consulting firm based in Northbrook, IL and has been advising Retailers for almost 30 years. Visit HRC at www.hrcadvisory.com Mark Cohen has been in the retail business since 1971. He currently serves as a Professor by Contract at Columbia University Graduate School of Business and as an independent consultant to retailers, as well as marketing, manufacturing and technology partners serving the retail industry.