COVID-19 had a significant negative effect on bricks-and-mortar retailing in Hong Kong in 2020. Foot traffic was greatly reduced, as the pandemic made local consumers much less inclined to gather in groups for shopping. Meanwhile, many retailers have limited the number of consumers that are allowed in their stores at any one time in an effort...
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...
The impact of COVID-19 began to be felt in Belarus in mid-March. The authorities in Belarus did not introduce a lockdown or movement restrictions. However, many Belarusians chose to self-isolate and some chose to work remotely from home. Belarusians who work in tourism and in foodservice were the first to feel the effect of the pandemic. Some...
Philippines’ quarantine period started in March 2020 and lasted for several months after, making it one of the longest lockdowns globally. During this time, only essential retailers such as grocery retailers and drugstores/parapharmacies for example were allowed to remain open, although with shortened operating hours. The government also implemented...
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...
After several years of slow, stable growth for retailing, current value decline was seen in 2020, with COVID-19 being the main factor driving the fall in sales. However, there were significant differences in performances between channels, ranging from significant growth to exceptional decline. With the emergence of COVID-19 in the country...
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...
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...
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...
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...