There are still so many unknowns regarding the coronavirus pandemic and how it will continue to throttle the retail industry.
But U.S. retail sales could be down at least 6.5% in 2020, according to new estimates from market research company Euromonitor. For comparison, retail sales were down just 2.2% in 2009, the year the Great Recession finally came to a halt, according to the firm. And sales were up 3.3% year over year in 2019, it said. . . . more