, and continue to operate overall. This means the pandemic could lead to a surge in bankruptcies and permanent closures in these categories over time, potentially thinning out retail's competitive landscape in the future.
Meanwhile, e-tailers, grocery stores, and big-box retailers posted positive sales growth during the month. Nonstore retailers, which include e-commerce, food and beverage stores, and general merchandise stores, all saw their annual sales growth accelerate in March compared with the previous month.
US retail likely didn't feel the full impact of the coronavirus pandemic in March, so its blow to the industry will likely be even stronger in April and subsequent months. US states didn't start
It's going to continue going down because people are going to shop on line more than before the pandemic
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix's US sign-up website saw a huge lift in visitors in March 2020 - Business InsiderDuring the weeks ending March 22 and March 29, visitors to Netflix's US sign-up page climbed 123% compared with the same weeks a year earlier. Newsworthy? Exclusive site tracking data? Next time just ask the average Joe, he could've told you Netflix would soar. Are you guys under new management or something? What happened to you?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Sun Valley, Idaho has one of the US' highest COVID-19 infection rates - Business InsiderThe share of the Blaine County, Idaho population testing positive for the coronavirus is even greater than in New York City.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus: US, Russia, China, UK to sign global truce during pandemic - Business InsiderEmmanuel Macron says the UK, US, and China have already agreed to a global ceasefire amid the coronavirus pandemic. How do you feel about a 10% interest in a resort in Florida? Good News SpanishDan1 No. FRANCE has sought to agree it... TRUMP isn't being consulted
Source: BusinessInsider - 🏆 729. / 51 Read more »
US weekly jobless claims hit 5.2 million as coronavirus layoffs continue - Business Insider'We wiped that out so fast. It's mindboggling,' said Heidi Shierholz, senior economist at the Economic Policy Institute. Well, Trump’s been trying to undo everything Obama did, so... mission accomplished... I guess. Making America Great .... after correcting for disastrous lack of preparation Jobs that will come back when the country reopens.
Source: BusinessInsider - 🏆 729. / 51 Read more »
22,000 masks sent to U Michigan from the US stockpile were not usable - Business InsiderA shipment of 'less than durable' ear-loop surgical masks arrived at the school last week, the Detroit Free Press reported.
Source: BusinessInsider - 🏆 729. / 51 Read more »
eMarketer expects US search ad spending to decline due to the coronavirus - Business InsiderDue to the coronavirus pandemic, eMarketer expects to see US search advertising decline between 8.7% and 14.8% across H1 2020.
Source: BusinessInsider - 🏆 729. / 51 Read more »