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by jhwang5
2234 days ago
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"Over the past few months, we have experienced the mainstreaming of technology-enabled behavior previously thought of as being on the fringe. Shopping for groceries online and having them delivered, for example, was something of coastal luxury." Food / grocery delivery is still to expensive to be the "norm", especially for the middle class. "It is not as if they had a choice. COVID-19 has exposed one harsh truth: digital channels are more flexible and faster to adapt to change than physical channels." Yes. That being said, physical stores (after a CMBS crash) may get massively underpriced coming out of this recession. |
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