U.S. retailer expectations regarding coronavirus impact on business 2020
According to a March 2020 survey of U.S. retailers and their expectations regarding the impact of the coronavirus on their business, a total of 44 percent of respondents stated that they expected production delays and nearly as many responding retailers were worried about the strength of consumer confidence and the impact it might have on revenue. A fifth of U.S. retailers expected increases in e-commerce sales due to social isolating practices and more people choosing to making purchases online instead of risking infection through in-store shopping.