Germany’s Retail Sector Set to Grow by 1.5 Percent in 2020
The Covid-19 pandemic has had a dramatic effect on the retail sector. Despite the crisis, retail trade association figures forecast that turnover for 2020 will exceed 2019 levels.
Your company is already operating in Germany and you would now like to export worldwide?
The Covid-19 pandemic has had a dramatic effect on the retail sector. Despite the crisis, retail trade association figures forecast that turnover for 2020 will exceed 2019 levels.
The global Covid-19 pandemic has accelerated the digitalization process in Germany, with business investment levels on the rise.
Video games have been recommended by the World Health Organization as one way of potentially combating the effects of lockdown and social distancing.
Around half of all companies in the plastics sector saw order increases in April. However, increased PPE plastics demand is offset by slump in demand in the auto supplier sector.
Some online retailers have had to struggle with significant supply chain difficulties, others have been unprepared for the sudden and dramatic increase in demand.
The Covid-19 crisis has accelerated the trend towards cashless payments. Almost half of Germans have changed their payment behaviors in response to the global pandemic.
With free time options dramatically reduced by Covid-19 restrictions, Germans are turning to streaming providers to help pass the time.
Germany proves a reliable location for start-ups amidst the corona pandemic.