Monday, June 1, 2020

GROWING AND DECLINING RETAIL BRANDS

It should be no surprise to us that retail sector across the world has taken a massive hit due to Coronavirus.

However, there have been #retail chains (online and offline) that were agile enough to change their business models or had the right offering to provide to customers, and as a result they have gained significantly in this period over 2019.

The biggest gainers have come from four countries:
- #Canada : Lululemon
- #USA: Target, Amazon (no surprise), Walmart, Costco Wholesale, Sam's Club
- #China: Alibaba.com and JD.com (No surprises here either)
- #India: Flipkart and Tanishq

The brands that have declined the most come from:
- USA: Under Armour, Subway, Dunkin, The North Face
- UK: Burberry, Marks and Spencer
- #Sweden: H&M
- Canada: Tim Hortons
- #Japan: Uniqlo

I expect some of these numbers to change as the effects of the pandemic benefit some further and hit others harder.

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