One of the great things about living in NYC is that
we still have retail stores. Or at least
we did. It's hard to say what will
happen post-Covid, because so many of them were so severely undercapitalized to
begin with.
And then there's the fact that the Republicans gamed
the bailout money to favor their buddies.
How exactly did the Lakers - a $4.4. billion dollar operation qualify
for a small business loan in the first place?
More importantly would they, Shake Shack, and Ruth's Chris have returned
the money they got if the press hadn't outed them? I doubt it.
COVID-19 has made it clear just how selfish Americans are. Especially the rich ones. (Hansen, 2020)
So will the specialty sewing stores in NYC reopen
someday? Maybe. But I needed some thread now for homemade
masks and online was my only option. I
found a wonderful company named Thread Art through Walmart and few days later
my thread arrived.
Now the question is what will I do the next time I
need thread? Online or in-store? Quite frankly, I will go back to the stores
once they reopen. It's easier to pick
the correct color in person. :-)
But some of my other new habits may stick. Research says that it takes three months to
learn a new habit. And I suspect that it
will be at least three months before we are able to move on from COVID-19. So some of those new habits are likely to
become permanent, although it's difficult to predict which ones.
It seems unlikely that toilet paper sales will
continue to be up 65% forever. But it's
equally unlikely that sales of cleaning products will go down to where they
once were. Having tasted the convenience
of ordering online, many will never buy their toiletries in person again.
Whatever does happen, one thing is clear, things
won't go back to the way they were. We
all need to accept that and move on - even if it means buying things that cost
less than $5 online from now on.
Hansen, S. (2020, April 28) Potbelly, Shake Shack, The Lakers: Here Are
All The Companies Returning PPP Money After Public Backlash. forbes.com. Retrieved April 29, 2020, from https://www.forbes.com/sites/sarahhansen/2020/04/28/here-are-all-the-companies-returning-ppp-money-after-public-backlash/#20cfcc2b299c
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