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March 2, 2026
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Retail

Store closures cleave retail into haves and have-nots as March revenue drop is worst on record

April 15, 2020

COVID-19 is creating a retail market of haves and have-nots: National Retail Federation. Image credit: NRF COVID-19 is creating a retail market of haves and have-nots: National Retail Federation. Image credit: NRF

 

By Luxury Daily News Service

Retail sales in the United States posted their biggest monthly drop on record during March as the COVID-19 coronavirus pandemic temporarily shuttered restaurants, bars and many stores nationwide, with stay-at-home mandates also affecting gas sales.

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