JOHANNESBURG – If lockdown has shown the world anything, it’s how suddenly everything can shift on a government decree.
It exposed how vulnerable humans are to a virus; how a pandemic can wreak havoc on global markets, brought constraints in supply chains and logistics into stark relief, highlighted our socio-economic divides – and signalled the end of the line for many traditional brick-and-mortar stores.
On the flip side, lockdown has been a boon for e-commerce, triggering a surge in demand for online retail.
Loot.co.za was well-positioned to take up the challenge, said Greg le Roux, the retailer’s chief executive, because it was able to acclimate rapidly. But logistic and supply issues remain concerns.
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