Americans will be left without your favorite entertainment


www.vsyako.netPhoto: Lucas Jackson / Reuters

Pandemic coronavirus risks leaving the Americans without one of his favorite pastimes — Hiking in shopping malls. Under the threat of closure was tens of thousands of stores: more than half (60 percent) of the outlets in the shopping center, according to CNBC.

According to estimates Coresight Research, this year the closure can declare 20 to 25 thousand retailers. Most of all it affects home decor stores, pharmacy chains and clothing brands. Analysts expect a return to pre-crisis levels of sales, but indicate that this process will take place gradually. Retailers can lose money in this period of adaptation in order to stay afloat.

According to eMarketer, retail sales in the U.S. this year will be reduced by at least 10 percent, and to pre-crisis indicators, they will not return until at least 2022. This was the sharpest decline in decades.

In the first quarter of the year GDP fell by 4.8 percent. It was the biggest crisis since the great depression of the 1930-ies. Against this background, America has the strongest predicted unemployment for 100 years. According to experts, to revive the economy of the country may require nearly a decade.

Video, photo All from Russia.


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