Not only has it grown steadily, it has created generations of loyal customers. During the 2008 monetary crisis, spending within the business only fell barely and totally bounced again by 2010 . This article examines the likely effects of COVID-19 on the wonder trade over the next three to six months. Then it explores how the crisis could essentially change the trade within the long term—and how retailers, strategic players, and traders can adapt. In many instances, it attracts from the outcomes of a McKinsey Global Consumer Sentiment Surveythat happened in early April.
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