COVID-19 has spread to more to 192 countries across the world. Over 1 billion people have been forced to stay at home since the outbreak of the endemic. Governments all over the world are launching financial relief programs to help businesses. For instance, in the UK, government is offering one-off grants of £10,000 to small businesses. The pandemic has had a major impact on both retail and e-commerce industries.
In the US, 74.6% of people across all age groups are avoiding retail outlets. 52.7% of people are avoiding general shops. In Italy, e-commerce sales for the week which ended on March 8 was 82.3% in comparison to the same week earlier. 38% of retailers are hopeful that their sales will increase following the outbreak of COVID-19.This Mageplaza infographic shares some vital statistics to help you explore the challenges and opportunities in the e-commerce industry since the outbreak of the pandemic.
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