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3 Brick-and-Mortar Businesses Demonstrating Surprising Growth
By The Smart Investor  •  February 19, 2021
If there was one obvious aspect of the impact of the pandemic on companies, it’s that digital businesses have either seen limited impact or have even thrived because of the crisis. Unsurprisingly, lockdowns and movement restrictions have prevented people from interacting and entering physical locations such as malls and restaurants. As a result, many physical retail and food and beverage outlets were forced to temporarily shutter. Though those days have passed and most physical locations have reopened, renewed lockdowns are threatening to impact brick-and-mortar businesses once again. Besides, social distancing measures can also limit the total capacity allowed into each physical location, thus reducing footfall. Brick and mortar businesses, though, are not standing still. Some have either modified their stores to cater to take-outs or drive-thrus or pivoted to doing more deliveries as walk-in customer numbers have fallen. Here are three businesses that have displayed surprising growth despite the pandemic....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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