© 2022 WVIK
Listen at 90.3 FM and 105.7 FM in the Quad Cities, 95.9 FM in Dubuque, or on the WVIK app!
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Economy

Resilient Retailers Continue to Adjust to COVID Economy

ides_il_unemployment_covid_ces_otm_change.png
https://www2.illinois.gov/ides/lmi/PublishingImages/CES_otm_change.PNG
/
IDES

Many retailers in Illinois continue to struggle as COVID-19 restrictions limit the number of customers allowed in stores, restaurants, bars, and other businesses.

Michelle O'Neill reports.

Rob-Karr-IRMA-pres-ceo-Color_web-copy.jpg
Credit IRMA website / IRMA
/
IRMA
Rob Karr, Pres. & CEO of the Illinois Retail Merchants Association (IRMA)

Rob Karr, President and CEO of the Illinois Retail Merchants Association, says since the pandemic began, 30-50% of the state's retailers have been forced to close, either temporarily or permanently.

The association is currently lobbying the federal government to help Illinois replenish its Unemployment Insurance Trust Fund which has been drastically depleted. He says it'll be "crippling" if employers are taxed at higher rates to replenish the fund or if employees lose benefits.

If the pandemic has taught us anything, Karr says it's that the retail industry can no longer be ignored. Retailers provide local governments with their largest source of revenue and the second largest to the state.

The Illinois Retail Merchants Association website includes lots of information for employers and business owners. But it also provides links to current job openings across the state from Aldi's to Walgreens and a list of special hours set aside for seniors to shop