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The Coronavirus’ Effect on the Retail Industry, Business and Industry Trends Analysis

The Coronavirus pandemic had a massive effect on the retail industry, both negative and positive.  Ecommerce, along with physical stores in certain categories, such as supermarkets, pharmacies and home improvement stores, saw sales soar dramatically.  Many other brick and mortar stores, especially department stores and clothing retailers were devastated, at least temporarily.
As people changed the way they lived and worked, retailers had to adapt at an emergency-induced pace.  Ecommerce, already on the rise before the pandemic, reached levels never seen before.


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