Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsShoppers across the country are retreating again as coronavirus cases surge
CNBC
PUBLISHED MON, JUL 6 2020
3:07 PM EDT
Over the past two weeks, retail traffic declines have accelerated once again, as Covid-19 cases surge nationwide with hot spots in states including Florida and Texas.
Just as shoppers were beginning to inch back to stores, with local economies reopening and malls turning their lights back on, retail traffic declines are accelerating yet again, according to a report.
Retail traffic in the U.S. was down the most so far in 2020, on a year-over-year basis, during the week ended April 18, according to data from the retail consultancy ShopperTrak. It fell 82.6%.
From then, up until the past 14 days, there were slight improvements. Those declines shrank each week, according to ShopperTrak, which is part of part of Sensormatic Solutions. The decline had eased to being down just 34% from the year prior, for the week ended June 20.
But over the past two weeks, retail traffic declines have accelerated once more, as Covid-19 cases surge nationwide with hot spots in states including Florida and Texas. Customers are retreating for a second time. Apple has made one of the boldest moves, so far, closing dozens of stores in malls for a second time.
The week ended June 27, traffic in the U.S. was down 35.7%, according to ShopperTrak. Last week, it was down 39.5% compared with the prior year.
Retail traffic in the U.S. was down the most so far in 2020, on a year-over-year basis, during the week ended April 18, according to data from the retail consultancy ShopperTrak. It fell 82.6%.
From then, up until the past 14 days, there were slight improvements. Those declines shrank each week, according to ShopperTrak, which is part of part of Sensormatic Solutions. The decline had eased to being down just 34% from the year prior, for the week ended June 20.
But over the past two weeks, retail traffic declines have accelerated once more, as Covid-19 cases surge nationwide with hot spots in states including Florida and Texas. Customers are retreating for a second time. Apple has made one of the boldest moves, so far, closing dozens of stores in malls for a second time.
The week ended June 27, traffic in the U.S. was down 35.7%, according to ShopperTrak. Last week, it was down 39.5% compared with the prior year.
Read more: https://www.cnbc.com/amp/2020/07/06/shoppers-across-the-country-are-retreating-again-as-coronavirus-cases-surge.html
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 975 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (14)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Shoppers across the country are retreating again as coronavirus cases surge (Original Post)
Mike 03
Jul 2020
OP
This botched rushed maskless re-opening prolongs recession compared to carefully timed re-opening.nt
Bernardo de La Paz
Jul 2020
#1
Bernardo de La Paz
(49,060 posts)1. This botched rushed maskless re-opening prolongs recession compared to carefully timed re-opening.nt
Wellstone ruled
(34,661 posts)2. Oh so true.
The Vegas opening is only a weekend event. From Monday thru Thursday,what a Bust. And of course,less than 50% of the Visitors on Friday thru Sunday,were not complying with the Mask Order.
Darwin's Law of Species elimination is in full view and happening in real time.
msongs
(67,465 posts)3. don't need much of anything cept some edibles now n then nt
PSPS
(13,626 posts)4. The rush to reopen means the last three months of hardship was all for nothing.