Impact of COVID-19 on Retail in the USA - Consumer Behaviour, Retailer Themes & Responses, and Market Forecasts to 2024 - ResearchAndMarkets.com

DUBLIN--()--The "Retail in USA: Coronavirus (COVID-19) Country impact" report has been added to ResearchAndMarkets.com's offering.

This Coronavirus (COVID-19) country report analyses how the pandemic will impact retail spend in the USA.

The US will perform worse than a number of other countries that have also been significantly affected by COVID-19, including the UK and Germany, due to the huge number of job losses caused by the virus.

There has been a slowdown in the number of shops closing in April, and some are expected to start re-opening in May as some states start moving towards partially reopening, despite the US now being the country with the most cases of Coronavirus.

Key Highlights

  • COVID-19 is expected to lead to a 5.1% decline in the total retail market on 2019 - more than double that experienced in 2009 amid the financial crisis.
  • Consumer shopping behaviour regarding non-essential goods is likely to shift in the long term as many shoppers will become accustomed to purchasing less often and may realise they do not need to buy as much as they did before the crisis.

Reasons to Buy

  • Use revised market forecasts out to 2024 to understand how the US retail market will perform.
  • Use this in-depth analysis to review how key retailers have responded to COVID-19.
  • Use data on key consumer shopping and lifestyle habits to see how the population have responded to the impact of COVID-19.

Key Topics Covered

  1. Market forecasts
  2. Consumer behaviour
  3. Retailer themes and responses
  4. Market forecasts
  5. Headlines
  6. Total retail market vs. pre-COVID-19 forecasts
  7. Total retail growth vs. pre-COVID-19 forecasts
  8. Consumer behaviour
  9. Purchasing patterns snapshot
  10. Purchasing patterns: non-food
  11. Purchasing patterns: food
  12. Purchasing patterns: drinks
  13. Purchasing patterns: personal care
  14. Consumer habits
  15. Retailer themes and responses
  16. Store closures
  17. Contactless delivery
  18. Grocers' activity
  19. Product development for hospitals

List of Tables

  • Change in shopping behaviour for key non-food categories
  • Change in shopping behaviour for key food categories
  • Change in shopping behaviour for key drinks categories
  • Change in shopping behaviour for key personal care categories

List of Figures

  • Total retail market vs. pre COVID-19 forecasts, 2019-2024
  • Total retail growth vs. pre COVID-19 forecasts, 2019-2024
  • Top 3 products that consumers stockpiled, bought more of, bought less of and stopped buying
  • COVID-19 impact on consumer behaviour in terms of going out, preparing food at home and social media

Companies Mentioned

  • Reformation
  • Gap
  • Neiman Marcus
  • Ralph Lauren
  • Dick's Sporting Goods
  • Kohl's
  • Michael's
  • Best Buy
  • JC Penney
  • Target
  • Walmart
  • Kroger
  • Albertsons
  • Publix
  • Hy-Vee
  • Meijer
  • Allbirds

For more information about this report visit https://www.researchandmarkets.com/r/66l99f

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900