Insights
Publication | BRG Retail
Retail Impact of Coronavirus Continues to Mount
Keith Jelinek, Rick Maicki, and Darren Morrison
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.