Even once Covid-19 is under control, stores may think twice about reopening right away

Marc Bain
Even once Covid-19 is under control, stores may think twice about reopening right away

With stores closed and shoppers staying home due to Covid-19, retail traffic has all but vanished. GlobalData also pointed out that Chinese shoppers’ “propensity to spend is significantly higher than in mature retail markets such as the US and much of western Europe,” and expects retail traffic will take longer to return in those areas.