Market Research Report
Retail in Australia - Coronavirus (COVID-19) Country impact
|Published by||GlobalData||Product code||943169|
|Published||Content info||23 Pages
Delivery time: 1-2 business days
|Retail in Australia - Coronavirus (COVID-19) Country impact|
|Published: June 1, 2020||Content info: 23 Pages||
The Coronavirus (COVID-19) country report analyses how the pandemic will impact retail spend in Australia.
The total retail market is expected to decrease by 3.2% in 2020 versus the previous forecast of 2.7% growth, wiping AU$17.0bn off the Australian retail market as consumers face a recession for the first time in decades.
While retailers were not forced to shut by the Australian government, many chose to shut their doors for the safety of staff and customers Retailers have also placed a lot of focus on supporting the vulnerable in the community.