essential Businesses

This Week's Overview

Grocery stores are dealing with tremendous flux in the COVID-19 era. While they remain essential business, they have been forced to innovate and maximize space in traditionally cramped spaces. In fact, some have opted to “bring the store” to consumers to prevent stores from becoming hotspots. Grocery stores have also attempted to go “cashless” as much as possible in light of a national coin shortage brought on by limited cash flow.

Top 3 News Highlights This Week

  1. The COVID-19 pandemic has led to a national coin shortage, forcing many grocery stores to adapt to using primarily electronic methods of payment or requiring exact change. Because of stay-at-home orders, normal flow of cash has been slowed, and coins are not being circulated at the rates that they were pre-pandemic. As infrastructure slowly reopens, however, some of this tension may be relieved.
  2. Grocery stores have been forced to innovate in the midst of the COVID-19 pandemic. While they are seeing more sales than usual, they have also become hotspots for transmission of the virus, forcing an altered shopping experience. Many have implemented "floating cart" models that bring an outdoor traveling store to customers, allowing for increased social distancing.
  3. As more and more grocery store employees are testing positive for COVID-19, members of local communities are having conversations about how that might change a consumer's shopping habits. Some are unfazed by positive employees, saying that wearing a mask and minimizing contact and maximizing space should be sufficient. Others call for increased contactless delivery and curbside pickup for as much produce as possible.