The 3 Waves: Rebuilding Retail after the Pandemic

The pandemic and the subsequent travel, events and crowd restrictions have caused a noticeable change in consumer behavior, which in turn necessitates a corresponding change in every retailer’s business processes. As the Philippines reopens its economy, businesses are reassessing their strategies and recovery plans differently. In fact, about 45 percent of business owners are hesitant to resume their operations, according to a survey by the World Bank, National Economic and Development Authority and Department of Finance.[1]

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