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 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...
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...
The pandemic-induced closure of most apparel stores in the US between March and May 2020 ensured that most apparel retailers’ in-store sales would decrease in 2020. Yet the pandemic has hit some retailers harder than others. Activewear retailers, such as lululemon and Athleta, have been less impacted, while formalwear retailers, such as Men’s...
Australia PESTLE Insights - A Macroeconomic Outlook Report Summary Financial intermediation, real estate and business activities contributed 21.5% to the country’s GVA in 2020, followed by mining, manufacturing and utilities (17.45%) and wholesale, retail and hotels (10.85%). In nominal terms,...
Australia PESTLE Insights - A Macroeconomic Outlook Report Summary Financial intermediation, real estate and business activities contributed 21.5% to the country’s GVA in 2020, followed by mining, manufacturing and utilities (17.45%) and wholesale, retail and hotels (10.85%). In nominal terms,...
On the go: an improving domestic economy will boost industry revenue Abstract Fast Food Restaurants in the US Over the five years to 2019, the Fast Food Restaurants industry has grappled with consumer preferences shifting away from unhealthy foods as well as a saturated food service landscape that has...
Israel In-depth PESTLE Insights Summary This PESTLE country analysis report on Israel provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis. Synopsis -...
Order up: Consumers will likely increase spending at restaurants as the economy improves Abstract Chain Restaurants in the US The Chain Restaurants industry has experienced steady growth over the five years to 2019. As per capita disposable income increased and unemployment declined, the Consumer Confidence...
Austria PESTLE Insights - A Macroeconomic Outlook Report Summary Financial intermediation, real estate and business activities contributed 23.9% to the gross value added (GVA) in 2019, followed by mining, manufacturing and utilities (22.1%) and wholesale, retail and hotels (17.0%). In nominal...