Retail’s Business Model Must Transform Given the Shift to Digital

The Retail Economic Model has changed more in the past five years than it has over the prior fifty years primarily because of the shift to digital and omni-channel . HRC Advisory’s intimate understanding of retail’s evolving and complex dynamics, areas of potential value creation and new and emerging value drivers are key to helping retailers to more profitably compete.

The “once in a life-time” impact on retail created as store closures resulting from the Covid-19 pandemic have permanently accelerated the transformation from physical retail stores to digital and the accompanying declining viability of “B,” “C” and “D” enclosed malls. This has been particularly difficult for retailers with significant balance sheet debt and/or without an effective and realistic business model to enable them to more profitably compete.

HRC Advisory has extensive experience assisting more than 100 retailers to develop a more sustainable and profitable economic business model at all stages of the economic cycle.

The retail digital transformation is accelerating and HRC has the expertise to guide you into and through it. Listed below are recent published articles where HRC has shed some light on the complex transformation of retail and practical actions to take for success.