Non essential store operations are closed by governments whilst grocery retailers struggle with exploding demand, both online and in stores. Retailers have tough questions as they face a temporary international suspension of economics. G.R.N. investigated international responses.
This is an international crisis that no-one expected. Up to a few weeks ago, all trade discussion was concerned with improving omnichannel and customer experience. Overnight, retailers face a major global but invisible challenge across all operations and all continents. A new virulent disease which crashes stock markets and halts economic activity, albeit temporarily. On March 16th, the European stock exchanges opened and fell respectively by 8% (Madrid), by 6% (Milan), by 5.6% (CAC 40...
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