Insights

Publication | BRG Retail

Retail Impact of Coronavirus Continues to Mount

April 24, 2020

Disruption in Retail Operations Goes Well Beyond Supply Chain

The COVID-19 pandemic has caused severe disruption across all aspects of retail, and we are beginning to understand the full impact this will have on the industry. The US Census Bureau released sales numbers for March, and the month-over-month decrease in total retail sales was 8.7 percent—the largest single-month decline since the Census Bureau began tracking sales in 1992.

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