Fidelity: Individual challenges accelerate structural trends
Retail in Europe under pressure
Most strikingly, the crisis has accelerated structural changes in people’s shopping habits: the amount spent on online channels has increased, the turnover of shopping streets and malls has decreased. In mainland Europe, shoppers have been slower to switch to online shopping than their UK, US and Chinese counterparts, but have narrowed somewhat in 2020: online growth rose by 20.6 percent between February and May, compared to the same period last year. sales revenue, and under the new restrictions introduced due to the second wave, the trend is sure to continue.
Related news
Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >That’s what they will storm the shops for if a disaster strikes
Based on the lessons learned from the coronavirus epidemic, it…
Read more >2024 Q2 Investment Outlook: Timing matters
Positive momentum is building. The outlook for 2024 has brightened,…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >