The COVID-19 pandemic had a major impact on Brazil’s retailing industry over the course of 2020, with most store-based channels experiencing sales declines and significant shifts seen in spending and demand patterns. The main factor influencing developments in the retailing industry during the year was the requirement for all non-essential...
After a number of years of good value growth, retailing recorded a modest overall value decline during the Coronavirus (COVID-19) pandemic in 2020. The health crisis led to soaring unemployment rates in the country, with many businesses closing and a consequent steep reduction in consumer confidence and disposable incomes. Many Russians were...
COVID-19 has created great challenges for retailing in Singapore in 2020. The circuit breaker measures between April and May prompted the closure of non-essential retail businesses. Even in recovery, safe-distancing requirements limit the capacity in stores and shopping malls, and prudent economy reopening measures see a persistence of the...
Due to the outbreak of COVID-19 in South Africa, a national wide lockdown was introduced on 26 March, which closed all non-essential retailers and limited trading to essential goods. These initial regulations had a disastrous impact on the economy, leading to a rising unemployment rate, lower spending confidence and shrinking disposable incomes. Retailing...
COVID-19 had a mixed impact on retailing in Japan in 2020, although overall value sales declined as consumers curbed their spending in response to the crisis. Despite this, supermarkets, the largest channel in value terms, witnessed stronger growth in 2020 having seen sales stagnate prior to the outbreak of COVID-19. This was largely due to...
Due to the Coronavirus (COVID-19) pandemic, China experienced an unprecedented halt in economic activity in January and February 2020. The government imposed a series of measures to limit the spread of the virus, including store closures and restrictions on public movement, with most of the country under lockdown. Chinese retailing recorded...
After seeing double-digit current value growth for most of the review period, in 2020 retailing in India turned to decline. The arrival of COVID-19 in the country in the first part of the year led to the imposition of strict lockdown measures. During the nationwide lockdown, the government ordered a shutdown of all non-essential stores, which...
Many categories in retailing in Italy suffered greatly in 2020 due to the widespread and severe negative impact of the COVID-19 pandemic. In fact, aside from e-commerce, mobile e-commerce and food and drink e-commerce, which performed well as a result of the restricted movement during the COVID-19 pandemic and lockdown periods, almost all...
Due to the COVID-19 pandemic, 2020 was a year of extremes – both in growth and contraction. Regarding store-based retailing, non-grocery specialists saw the largest contraction in value sales. Department stores fared the worst, due to such formats being enclosed spaces which attract a high number of customers, thus consumers avoided such spaces...
The US retailing industry has seen significant shifts in recent years, as the inexorable advance of e-commerce has changed the way consumers shop for products of all kinds. Even so, nothing in the modern evolution of the industry compares with the disruption precipitated by the coronavirus (COVID-19) pandemic. Retailing in USA report...