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...
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...
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 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 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 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...
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...
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...