Big retailers like Walmart are investing in and partnering with tech startups to explore drone product deliveries to “store-hailing” platforms to maintain step with consumers’ altering demands. Now, most of the tech solutions being pioneered by main retailers will finally be supplied to smaller companies by third-party, local providers. Read more on the retail tech developments poised to take off this yr here. Nearly 30% of survey respondents say they’re very involved concerning Business News the influence rising rates will have on their business. To combat inflation, 67% of small businesses surveyed have raised costs, and 41% reported having to decrease their staff or take out a mortgage. Small businesses across each sector, together with manufacturing (41%), services (35%), retail (32%) and professional companies (29%) industries, all cited inflation as the top challenge for small businesses.
The disaster additionally fueled the rise of distant work, which led to folks investing …read more >