Getting back to some semblance of pre-pandemic normalcy in the U.S. is entirely dependent on the nation’s ability to get a handle on the coronavirus.
Medical professionals and public policy experts have been pointing to individual and business safety measures as a means to tamp down the spread of the virus, but achieving herd immunity is the only currently viable path to that happening.
If the vaccine does not prove to be the medicine that retailers are counting on to help them bring their businesses back, there is clearly more pain ahead for the industry. CNBC reports that Coresight Research is forecasting that up to 10,000 stores will be closed this year.
RetailWire Discussion: Do you think currently reluctant Americans will get a COVID-19 vaccine when it is made available or will they continue to hold out, keeping the nation from reaching herd immunity? Are retailers prepared for a future in which the virus may remain a year-round fact of life because herd immunity is not reached? Join the discussion at retailwire.com