According to a survey carried out in May 2020, ten percent of Colombian retail establishments had to completely shut down most of their outlets due to the economic lockdown imposed as a response to the COVID-19 pandemic. Meanwhile, nearly two out of ten retail businesses were facing potential bankruptcy. On the other hand, 36 percent of business in the retail industry continued their operations, even despite difficulties.
Share of retail businesses affected by the coronavirus (COVID-19) pandemic in Colombia as of May 2020
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La República (Colombia). (June 1, 2020). Share of retail businesses affected by the coronavirus (COVID-19) pandemic in Colombia as of May 2020 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1122492/share-retail-establishments-affected-coronavirus-colombia/
La República (Colombia). "Share of retail businesses affected by the coronavirus (COVID-19) pandemic in Colombia as of May 2020." Chart. June 1, 2020. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1122492/share-retail-establishments-affected-coronavirus-colombia/
La República (Colombia). (2020). Share of retail businesses affected by the coronavirus (COVID-19) pandemic in Colombia as of May 2020. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1122492/share-retail-establishments-affected-coronavirus-colombia/
La República (Colombia). "Share of Retail Businesses Affected by The Coronavirus (Covid-19) Pandemic in Colombia as of May 2020." Statista, Statista Inc., 1 Jun 2020, https://www.statista.com/statistics/1122492/share-retail-establishments-affected-coronavirus-colombia/
La República (Colombia), Share of retail businesses affected by the coronavirus (COVID-19) pandemic in Colombia as of May 2020 Statista, https://www.statista.com/statistics/1122492/share-retail-establishments-affected-coronavirus-colombia/ (last visited December 23, 2024)
Share of retail businesses affected by the coronavirus (COVID-19) pandemic in Colombia as of May 2020 [Graph], La República (Colombia), June 1, 2020. [Online]. Available: https://www.statista.com/statistics/1122492/share-retail-establishments-affected-coronavirus-colombia/