Retailing

The government's measures to close shopping malls, restaurants, and shops in response to COVID-19 eliminated in-store retailing sales for non-essential shops during this time and had a serious impact on total 2020 retailing sales. The requirement to ...

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 ...

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 ...

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 ...

Most retailers in Canada suffered significantly due to the drop in foot traffic during COVID-19. The strong spike in e-commerce sales was not enough to offset the loss in stores during the lockdown, especially in department stores, leisure and ...

Uzbekistan’s economy grew below trend in 2020 but it was still one of the best performers in the region and as a result COVID-19 did not have as severe an impact on the country as its neighbours. Retailing value sales registered double-digit value ...

In response to the COVID-19 pandemic, retailing will be negatively impacted overall as current value sales decline in 2020 overall. However, different channels within retailing have responded differently to the pandemic based on what they sell and ...

COVID-19 had a negative impact on retailing in North Macedonia in 2020, with overall value sales declining. There were significant job losses and economic uncertainty as services were curtailed due to COVID-19. With purchasing power reduced, ...

Schwarz Beteiligungs GmbH has been on a growth path based on continuously expanding internationally with its Lidl and Kaufland brands. Sales growth was further boosted by the impact of the Coronavirus pandemic which also put, aside from ongoing store...

Like throughout the world, Taiwan’s retailing sector suffered a huge blow due to the impact of COVID-19 in 2020, which resulted in a major slowdown of economic activity due to social distancing measures. In response to the crisis, the government ...

COVID-19 factors had strong impacts on retailing in 2020. A strong GDP decline, alongside a significant contraction in foodservice and in-store shopping, determined a very particular situation in retailing. The biggest gains are seen in grocery ...

Retailing in Bolivia was first negatively affected by social and political conflict that occurred at the end of 2019. The effect of social unrest on the economy lingered and was aggravated significantly during 2020 due to the pandemic and the ...

Overall, retailing maintained a positive performance in Romania during the COVID-19 pandemic. This was primarily due to the fact that grocery retailers account for the greatest proportion of retailing sales and remained open throughout the pandemic ...

Relative to the rest of Western Europe – including its geographical neighbour the UK – Ireland has experienced a less significant economic impact from the COVID-19 pandemic. At the beginning of Q4 2020, OECD projections stated the country could ...

COVID-19 has slowed retailing growth in Guatemala, although the fact that alternatives to cash-based transactions in physical outlets are still comparatively underdeveloped means that sales through stores less than other more developed countries. ...

2020 has brought unprecedented challenges to the UAE retail landscape, a market highly vulnerable to the economic disruptions caused by the COVID-19 pandemic given the high proportion of GDP fuelled by retail, transport and hospitality. Dubai stands ...

Despite the many devastations caused as a result of the COVID-19 pandemic, retailing has shown remarkable resilience. Whilst statistics report a double-digit decline in GPD and tourism to decrease by almost one half compared with 2019, the current ...

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 ...

Ebay.com, the worlds first online auction and shopping platform has sustained its leading position for the past two decades with its free listing model, integrated services, strong acquisitions, and international presence. The Covid19 pandemic has ...

Ecuador experienced a double whammy, as a result of COVID-19. There were significant job losses and economic uncertainty as services were curtailed due to COVID-19, but also as Ecuador’s economy is largely dependent on oil, the economy was affected ...