Retail Outlets Fall in Recession Era

Retail Outlets Fall in Recession Era
Summary

Throughout 2020, it was noted that many retail outlets were closed, because large-scale social restrictions to prevent the spread of Covid-19 caused the number of visitors to drop dramatically. In addition to the problem of visitors that fell drastically due to the Covid-19 pandemic, the closure of a number of retail outlets was caused by several retail companies deciding to focus on developing online channels and delivery services.

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