1. Retail business in brick-and-mortar stores: Due to the rise of e-commerce and changes in the way consumers shop, the retail business of traditional brick-and-mortar stores is shrinking, and many branded stores have gone bankrupt and closed down.
2. Catering: The catering industry is facing problems such as high labor costs, rising prices of ingredients, and changing consumer attitudes, while emergencies such as the new Crown Pneumonia have also had an impact.
3. Traditional finance: The emergence of new financial models such as Internet finance has made it impossible for the traditional finance industry to adapt to the rapidly changing market demand, while the continuous strengthening of regulatory policies has also brought considerable pressure to the industry.
4. Printing industry: The development of digital technology has led to a decline in the supply of materials such as paper and ink required by the printing industry, and the popularity of e-books has also reduced the demand for paper books.
5. Tourism: Policy restrictions, security issues such as terrorist attacks, and environmental issues have had a considerable impact on the tourism industry, while emergencies such as the new coronary pneumonia have also had an impact.
The above are some of the reasons why business is becoming more and more difficult to do, of course, there are other factors such as increased competition in the market, changes in consumer demand, technological advances and so on will have an impact on certain industries.