2020-07-15T10:30:02+00:00

German retail to face worst retraction since WWII

Stefan Genth (Middle) Credit: Bundestagsfraktion Bündnis 90/Die Grünen (Creative Commons Attribution 2.0)

The HDE Managing Director Stefan Genth said German non-food retailers would see sales drop by around 22% this year, putting the sector on track for its worst retraction since 1945.

The Covid-19 pandemic has changed consumer behavior, with many customers going online for their shopping needs.

Genth said: “Many consumers have changed their shopping habits and retailers need to adapt.”.

Sources: Content Sources

Source: Reuters

Image Source

Bundestagsfraktion Bündnis 90/Die Grünen (Creative Commons Attribution 2.0)

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Érico Andrei

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Co-founder of Pendect, passionate about open source and knowledge sharing. Made in Mooca.

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Categorization: Locations & Places

Germany

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