While the US sees an increase in e-commerce growth, 33 percent of its retail shopping malls may close due to changes in consumer shopping trends.
Data Observations - Americas
Our global teams observe the data daily and provide insights based on the trends they detect and the current situation in their respective countries.
Although online retail and e-commerce growth trends may have slowed down, they show no signs of reversing, despite brick-and-mortar store re-openings.
Apple closes stores in Florida due to new spikes of COVID-19, signaling a potential second wave of retail store closures and additional e-commerce growth.
As the traditional retail landscape changes post-pandemic, expect e-commerce growth, distance shopping, and click-and-collect to continue.
While physical stores are forecasted to close throughout the US, the changing retail landscape indicates new online and e-commerce growth opportunities.
After record online and e-commerce growth in March and April, expect this growth to slow down through the summer.