Overall, the retail market suffered from the consequences of the COVID-19 pandemic in 2020. Aside from grocery retailers and chemists/pharmacies as well as drugstores/parapharmacies, many retailers suffered large losses following the store closures imposed by the Israeli government during the three lockdowns imposed to curb the transmittance...
The measures implemented to slow the spread of the virus has directly affected the supply, demand and daily operations of the retail sector. Since the retail sector is highly labour-intensive, the disruptions have led to high unemployment rates in Uganda, resulting in many consumers to purchase only essential goods. Retailing in Uganda...
France’s retailing industry experienced numerous major challenges during 2020 as the COVID-19 pandemic resulted in numerous fundamental changes to consumer behaviour. However, it should be noted that the difficulties faced across the industry during 2020 were not as severe as what was seen in travel and tourism and consumer foodservice, among...
Store closures, suppressed incomes and economic uncertainty led to a significant drop in store-based retailing in 2020. Apparel and footwear specialist retailers recorded the highest decline as customers worked from home and attended fewer social events. Retailing in Czech Republic report offers insight into key trends and developments...
Since there was no strict lockdown due to Coronavirus (COVID-19), most retailers were not negatively impacted by mandated closures. From 13 March 2020, closures only concerned businesses with physical contact, such as dentists, hairdressers, physiotherapists, massages, swimming pools, restaurants and schools. Reopening gradually began from...
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 lockdown negatively affected most areas of retailing. Mandated to close during the lockdown, apparel and footwear specialist retailers were among the hardest hit. As consumers worked and studied remotely from home during most of the year, the need for new apparel and footwear was less pronounced. In addition, economic uncertainty and declining...
The government’s announcement of a lockdown from 16 March in an attempt control the spread of COVID-19 in Austria included the closure of non-essential retailers and foodservice, while essential services including grocery retailers, chemists/pharmacies, petrol stations and pet shops and superstores were permitted to remain open with social...
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...
Overall, retailing in the Netherlands performed well in 2020, as many local consumers who were either able to continue working from home or had their salaries covered by government assistance programmes had excess disposable income. Unemployment levels remained fairly low and expenditure on things such as foodservice and travel was minimal,...