Small retailers have been squeezed out throughout the pandemic and are at a significant disadvantage navigating the current supply chain crisis
But this year's Small Business Saturday promotion is unlikely to change the fortunes of independent shops in America, which have diverged dramatically from their larger rivals., rising inflation and the shortage of workers, said retail analysts and supply chain experts.First, as Covid-19 spread last year, many small shops did not meet the criteria of "essential" businesses and had to close down.
Davidson, in a note to clients last week.The gap between big and small retailersSales are expected to boom this holiday, but small stores may miss out as shoppers head to cheaper chains with more goods on their shelves.Retail sales in November and December will grow between 8.5% and 10.5% this year compared with the 2020 holiday season, to a record of up to $859 billion, projects the National Retail Federation, an industry trade group.
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