The latest retail sales report was very encouraging with a 1.7 percent month over month increase, beating expectations of 1.0 percent. Many retailers are back to, or exceeding 2019 levels. The outlook is mildly positive, given all the issues in front of them. However, things weren’t so positive when the pandemic hit. A lot ofContinue reading “Small Box Retail – What’s Next?”
Tag Archives: Turnaround
Restaurants – Managing Thru the Pandemic
The Pandemic From a Restaurant View This period has been very difficult for restaurants. The pandemic drove “shelter in place” rules or reduced seating capacity limiting customers. Just to highlight the level of struggles, in March 2020 $30B in sales were lost. In April 2020, $80B in sales were lost. 2 out of every 3Continue reading “Restaurants – Managing Thru the Pandemic”
Hospitality: Recovery Accelerating
The COVID pandemic has taken a huge toll on the hospitality industry. 2020 marked the worst year ever for hotel performance. 2021 is looking much better, but significant hurdles still remain. The industry is significant in size and significant in its losses due to COVID. 670,000+ direct hotel industry jobs were lost during the pandemic,Continue reading “Hospitality: Recovery Accelerating”
What is Turnaround?
Turnaround very simply is the process of helping a failing company get back on track and become profitable. This process can be emotional, drastic and disturbing to company leadership and its employees. Often this process is started too late and that’s when the most significant cuts are felt. Turnaround can be started early before any externalContinue reading “What is Turnaround?”
Maybury Partners, LLC 