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How did COVID Reshape Retail and Goods Production?

·1-min read
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How did COVID Reshape Retail and Goods Production? Our Chief Equity Strategist and Economist, John Blank, is going to fill us in now.

1. To put some context to this, how many retail establishments are there here in the U.S.?

2. That number covers all types of retail correct?

3. Retail sales fell in March of 2020. But now we’re seeing a pick-up in monthly sales activity. Does this cut across all retail?

4. What’s the primary driver for this?

5. How does consumers purchasing larger quantities, especially at the grocery store, factor in to this?

6. Is consumers change in their spending habits here to stay?

7. What was the big change in consumer goods production caused by COVID?

8. According to published reports, supply chain disruptions globally are causing retailers to over order merchandise. Do you see that making things even worse especially for the holiday shopping season?

9. A few top retail stocks to look at include Walmart WMT, Kroger Co. KR and William Sonoma, Inc. WSM

Our Chief Equity Strategist and Economist, John Blank, keying in on COVID’s impact on retail for us. With John, I’m Terry Ruffolo.

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Walmart Inc. (WMT) : Free Stock Analysis Report

The Kroger Co. (KR) : Free Stock Analysis Report

WilliamsSonoma, Inc. (WSM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

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