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...
COVID-19 had a more significant economic impact on the UK than other Western European countries. In response to the pandemic, the UK Government imposed national lockdowns, which lasted for more than four months in 2020. The lockdowns not only had an impact on consumers’ lifestyles, and thus, their shopping habits, but also restricted the operations...
In general, thanks to Vietnamese government efforts, Vietnam has controlled COVID-19 well. As such, the country did not have a long national lockdown (1-15 April). During the lockdown, all shops had to close except grocery retailers. Delivery service was allowed in almost all places, except Da Nang city. Retailing in Vietnam report...
Retail volume sales of hot drinks in Pakistan remained largely unaffected by COVID-19 in 2020, with good growth continuing in the year. Consumed in the winter months primarily, coffee and other hot drinks were cushioned from the lockdown impact of the pandemic as it peaked in the summer months. Hot Drinks in Pakistan report offers...
The emergence of COVID-19 has had a significant impact on hot drinks in New Zealand in 2020. Ahead of a national lockdown, consumers engaged in what was described as panic-buying, with the dominant distribution channel of supermarkets and domestic supply chains struggling to keep up. As such, many supermarkets imposed buying restrictions which...
The emergence of the pandemic and the subsequent lockdown introduced by the Australian government in March 2020 in attempt to control the spread of the virus had a significant impact on channel shifts within hot drinks, with foodservice, which had gained the edge in distribution terms in 2019, experiencing drastic declines in volume terms. Hot...
In response to the COVID-19 pandemic, starting in March 2020 and ending in May, on-trade venues such as restaurants and cafés closed as Danes were obliged to stay at home. As a result, foodservice volume sales of coffee, tea and other hot drinks declined while retail sales, reflecting at-home consumption, increased, and they continue to increase...
The Algerian economy was hit by a double whammy in 2020 – COVID-19 and plummeting oil prices. Algeria is highly dependent on oil exports and this led to a devaluation of the dinar and a general increase in inflation. This in turn led to lower disposable incomes and resulted in an overall small decline in current value sales in retailing in...
When lockdown began in Argentina on March 20, all grocery outlets in Argentina remained open because they were considered an essential service, and there was no restriction on the number of times per week or per day that people could leave their homes to do their shopping. However, Argentinians naturally preferred to shop close to their homes...
In the post-COVID-19 scenario, the global zero trust security market size is projected to grow from USD 19.6 billion in 2020 to USD 51.6 billion by 2026, recording a compound annual growth rate (CAGR) of 17.4% from 2020 to 2026. The market growth is driven by various factors, such as increasing cyber-threats, growing mandates from government...