AtScale

STATE OF COVID-19:
IMPACT ON RETAIL

While US Lags Behind Canada, Online Sales Rise Across Sectors But Employment Has Not Completely Recovered

 

When the World Health Organization (WHO) officially declared the COVID-19 outbreak a pandemic on March 11, 2020, there was widespread uncertainty over how it would impact public health, the global economy, or the retail sector.

Six months later, the experts at AtScale analyzed data made available through our AtScale Data Insights Marketplace using AtScale’s Intelligent Data Virtualization™ platform on top of Google BigQuery and Snowflake to explore the consequences of the global pandemic on the Retail Sector. The data visualizations were done in Tableau.

This report outlines three key findings and a deep dive into the retail sector today.

  • US retail recovery has lagged behind Canadian retail recovery
  • The downturn in Retail subsectors comprised of “essential businesses” has been much less severe and the recovery more robust
  • Nonstore (online) retail volume soars, while the “clothing and clothing accessories” sector struggles to regain its foothold