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New York Deep Dive
The United States has become a new epicenter of the coronavirus pandemic, and New York is considered one of the biggest hot spots, as confirmed cases continue to grow. It’s obvious that the spread of the virus is impacting the entire country and overall economy, but it's even more apparent that businesses are taking a much more significant hit in areas where the virus has hit the hardest. So, we dove into New York to see just how severe the damage has been thus far.
Promising Performance for Pharmacies
Pharmacies have been deemed “essential” by the government and have been allowed to remain open during the pandemic. But, many pharmacies are more than just an alternative place to stockpile goods, with a focus on necessary items like medications. They’re expecting to serve as additional testing stations for COVID-19.
Wholesale Update
There is a downside to stocking up for the long haul. Once you have all the things you need, there is little need for more visits. While some expected that the thrill of being able to get out could overcome a lowering demand for actual items, this may not be the case after all.
Supermarkets: The COVID-19 Update
The supermarket industry is one of the few continuously bringing in traffic as the coronavirus pandemic unfolds. Analyzing the second week of March, grocers saw significant peaks, with Friday the 13th marking one of the highest traffic days in years.
Coronavirus Impact: Hard Hit Sectors
As countries around the world continue to enforce travel restrictions and as cities in the US continue to shut down, there are certain industries that will be more greatly affected than others. So, we dove into the apparel industry, hotels and airports to see how these sectors have been affected so far from the virus.
Washington State - The Local Effect of Coronavirus
It is one thing to look at the impact of coronavirus on the wider U.S. economy, and another thing entirely to dive into areas that have been more directly affected. Severe impacts on a local level can be mitigated by wider strength when aggregating all locations of a chain across the country.
Succeeding in Crisis - 3 Sectors Bucking Coronavirus Concerns
The coronavirus is having a huge impact on the wider retail economy, and it is likely that this effect will only grow in magnitude as CDC recommendations become stricter. However, there are sectors that are still performing well amidst the pandemic and there are critical takeaways. And these lessons don’t just apply in the face of a once-in-a-century virus, but also during more regular disruptions like inclement weather, economic downturns and more.
Supersized Impact? Supermarkets Analysis
Supermarkets especially have been at the forefront of news and consumer concerns. How have these retailers been holding up amid virus panic? Are traffic patterns similar to those of wholesale grocers, with surges in visits, or are people avoiding leaving their homes and resorting to delivery? We dove into the latest data surrounding the pandemic.
QSR - The Coronavirus Bright Spot?
Imagine a place that has a near-constant flow of people during a period where there is national worry over a spreading virus. One would clearly expect visits to decline for such a location. Yet, the QSR sector, seemingly against all odds, doesn’t appear to have been heavily impacted by wider coronavirus concerns just yet.
