In this week’s Retail Recap, I caught up with Rich Hollander to get his take on the state of retail under shelter-in-place. If you don’t already know, Rich has an impressive resume as a retail operator:

• Vice President at Radio Shack / Incredible Universe
• President at Cash America
• President at Rent-a-tire

In addition, he spent time as a Vice President at MasterCard and Partner at several other retail-adjacent firms. Basically, he knows a thing or two about retail.

We discussed the federal government’s Paycheck Protection Program, how different retail categories should be strategizing, and more. His most important advice – 4 things that all retailers should be doing:

1. Manage your cash, because cash is king
2. Look for opportunities
3. Be flexible
4. Take care of your employees and customers

Ideas or requests for next episode? Email us at hello@locate.ai.