South Africa retailers feel pain from coronavirus pandemic - News Summed Up

South Africa retailers feel pain from coronavirus pandemic


By AFP More by this AuthorJohannesburg,South Africa's retail industry is feeling the pain from the coronavirus pandemic on two fronts -- store closures during lockdown and the sharply reduced purchasing power of households. South African shoppers have had to get used to wearing a mask, having their temperature taken at the door and using hand sanitisers. Faced with rising unemployment and uncertainty about the future, South African households are tightening their purse strings. Durban-based apparel and homeware giant, Mr Price Group, saw online sales grow by 75 percent during the pandemic. Owing to limited internet access and high data prices, online sales still only account for a fraction of South African spending.


Source: Daily Nation August 23, 2020 13:05 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */