Friday, March 13, 2020

Retailers brace for financial, supply-chain disruptions from coronavirus

Supermarket News
Nearly half of retailers expect the spread of novel coronavirus (COVID-19) to pull down their revenue, according to a survey by Digital Commerce 360.

Of more than 300 retailers polled, 47% said they expect “some downside revenue implications” from the coronavirus pandemic, the Chicago-based B2B e-commerce market researcher said in its “Taking the Pulse: Retailers and the Coronavirus” study, released yesterday. Another 9% anticipate “significant downside revenue implications.”. . . more