According to a March 2020 survey of U.S. retailers, 47 percent of respondents expected some downside revenue implications to their retail business as a result of the coronavirus. Interestingly, 14 percent of respondents stated that they didn't expect the coronavirus pandemic to affect their business at all.
For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.
What are your corporate financial expectations relative to the coronavirus and your retail business?
Characteristic
Share of respondents
Expect some downside revenue implications
47%
Too early to say
33%
Expect no downside revenue implications
14%
Expect significant downside revenue implications
9%
We have adjusted our earnings forecast and/or guidance to account for coronavirus
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Supermarket News. (March 12, 2020). What are your corporate financial expectations relative to the coronavirus and your retail business? [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1105469/financial-expectations-on-retail-business-of-coronavirus-us/?a=KODEAGEN
Supermarket News. "What are your corporate financial expectations relative to the coronavirus and your retail business?." Chart. March 12, 2020. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1105469/financial-expectations-on-retail-business-of-coronavirus-us/?a=KODEAGEN
Supermarket News. (2020). What are your corporate financial expectations relative to the coronavirus and your retail business?. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1105469/financial-expectations-on-retail-business-of-coronavirus-us/?a=KODEAGEN
Supermarket News. "What Are Your Corporate Financial Expectations Relative to The Coronavirus and Your Retail Business?." Statista, Statista Inc., 12 Mar 2020, https://www.statista.com/statistics/1105469/financial-expectations-on-retail-business-of-coronavirus-us/?a=KODEAGEN
Supermarket News, What are your corporate financial expectations relative to the coronavirus and your retail business? Statista, https://www.statista.com/statistics/1105469/financial-expectations-on-retail-business-of-coronavirus-us/?a=KODEAGEN (last visited December 26, 2024)
What are your corporate financial expectations relative to the coronavirus and your retail business? [Graph], Supermarket News, March 12, 2020. [Online]. Available: https://www.statista.com/statistics/1105469/financial-expectations-on-retail-business-of-coronavirus-us/?a=KODEAGEN
