Brick-and-Mortar Soars into 2022
In today’s market, investors are pulling back hard on new investments.
The days of sky-high valuations, “easy money”, and disregarding unit economics are numbered, if not completely obsolete.
And while many startups are facing the hard realities of this truth, brick-and-mortar businesses continue to soar.
Across the retail sector, sales in July were up 10% YoY and sales are up 8% YTD.
And for Bonside’s portfolio, same store sales in July were up 80% YoY and sales are up 38% YTD.
Buy Into Success
Brick-and-mortar has consistently prioritized strong unit economics, profitability and cash runway. It’s why they’ll always win and soar – join them in that journey.