Retailers saw business go up during the COVID-19 pandemic, but not all subsectors of the industry had success. Business apparel purchases plummeted while home renovation and décor companies saw consumers adding to their digital carts. Regional differences were at play, too: Chinese and US companies captured three-fourths of retail’s market-cap growth.
To read the article, see “Why retail outperformers are pulling ahead,” July 8, 2021.