Xin Ou
Research expert covering Greater China
Coronavirus: impact on the retail landscape in the U.S. - Statistics & Facts
Since the start of the coronavirus pandemic, every state in the U.S. began reporting increasing numbers of COVID-19 cases. The highest number of cases were recorded between December 2020 and January 2021. With many Americans having been vaccinated over the course of later months, however, the infection rate had declined significantly. In addition to people’s personal lives being affected by the coronavirus, the retail industry had faced substantial shifts and challenges of its own. For instance, consumer spending on certain items, such as groceries and household supplies, continued to increase, while spending on items, such as apparel, meals at restaurants, and jewelry, had dropped excessively.
