Posts tagged "businesses collapsing because of coronavirus"

"I suspect it will take years to rebuild confidence and balance sheets. And I know there will be serious long-term structural implications."

Swimwear retailer Tigerlily has collapsed as woes for Australia's retail sector continue, compounded by fallout from the COVID-19 pandemic.

If businesses want to survive the economic fallout from coronavirus, they must go back to basics and make sure their business models are still relevant.