For a business owner, obtaining the right information is as important as finding the right location, or getting the best price.
The Small Business Development Center in New York is one of only a few SBDCs in the U.S. with a full-time library (which we call the Research Network). Its services are available for free, but only to New York SBDC clients.
A survey of retail executives, the vast majority of them from primarily brick-and-mortar chains, found widespread concern about enhancing the value of their physical stores.
The polling from RIS News and Gartner found that more than one-third of respondents said optimizing stores and upgrading store-level bandwidth and infrastructure would be a top challenge in the coming years.
Worry about physical stores fits the industry narrative of the moment, with chain after chain announcing new or expanded efforts to shutter brick-and-mortar locations. A recent study estimated that efforts to close stores actually need to be accelerated if the industry as a whole is to address a glut of retail space.