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How A Retail Recovery Might Look Based On Lessons From Past Crises

June 11, 2020

Via: Forbes
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Retailers in most countries have not faced an economic fallout of this magnitude since the global financial crisis of 2007-2009. The overall retailing industry declined 3% in 2009, only one of two declines over the last 15 years, but quickly rebounded in 2010 with 6% growth, according to Euromonitor International. The COVID-19 pandemic is expected to trigger a global recession, but the cause and impact will be different.

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