Retail chains are optimistic
Normally, the fourth quarter is prominent in retail chains, this period usually accounts for an above-average share of annual sales, but this year, the coronavirus pandemic re-wrote the plans. Tesco’s press department has indicated to the World Economy that the Christmas period is indeed the strongest in terms of traffic in this sector, with the coming weeks expected to be decisive this year as well.
True, at Tesco, the business year runs from March to February, meaning the last three months don’t coincide with the fourth quarter on the calendar. (vg.hu, Gyöngyösi Balázs)
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