The COVID-19 health crisis, and the associated economic impacts, considerably shook up retailing in Portugal in 2020. The lengthy closures for non-essential retail outlets, restricted movement for consumers in Portugal, and a financial instability let to substantial declines in retail current value sales for many categories in 2020. Retailing...
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...
The COVID-19 crisis has had a significant, though varied, impact across retailing in the Colombian market. Grocery retailing has been amongst the most positively affected areas of the market, seeing an increase in sales at the beginning of lockdown as consumers began to stock up on essentials and shifted from away-from-home consumption to...
Non-grocery retail outlets saw a significantly decline in retail current value sales during 2020. Unlike grocery retail outlets, they were forced to close for an extended period during the spring lockdown. They were also more exposed to the economic shock of COVID-19, which led many consumers to reduce their discretionary spending. Unsurprisingly,...
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...
In response to the COVID-19 pandemic, retailing will see a slight current value decline in 2020 overall. However, considering the global scale and destructions of the pandemic, retailing in Slovenia has not been as severely impacted as other countries. Likewise, channels within retailing have performed differently based on the goods they offer,...
The impact of COVID-19 has been less severe in Sweden compared to many other markets, with this being largely due to the government’s decision not to introduce a lockdown. Instead, the country’s strategy has to a large extent been built on voluntary quarantining and social distancing, with virtually all shops remaining open during 2020. Retailing...
The COVID-19 pandemic first arrived in Mexico in February 2020, resulting in the government attempting to curb the spread of the disease through a lockdown and subsequently all non-essential businesses were closed in April and May, which had a large negative impact on retail in the country. Retailing in Mexico report offers insight...
The COVID-19 pandemic had an immediate and substantial impact on the German retailing landscape in 2020. Due to health considerations and government-imposed lockdowns affecting store-based retailing, consumer foodservice, entertainment and tourism, consumer purchasing behaviour and priorities quickly shifted. Retailing in Germany...
The COVID-19 pandemic has had multiple impacts on retailing in Peru. The sharp contraction of the economy as a result of the crisis has made consumers more cautious, prioritizing essential goods and limiting expenditure on non-essential products. As whole, the retailing industry saw a sharp contraction as a result of this, with government...