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The rapid growth of Ecommerce's share in U.S. retail during the pandemic can be attributed to several factors. Firstly, the lockdown and social distancing measures forced many consumers to shift their shopping habits online. Secondly, many brick-and-mortar stores had to close temporarily, further driving consumers towards online shopping. Thirdly, the fear of virus transmission through physical contact also encouraged online shopping. Lastly, many companies, especially the big ones, were able to quickly adapt to this change and enhance their online presence, offering a wide range of products and services online, which attracted more consumers.
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What will the world of business look like after the coronavirus pandemic? The pandemic will accelerate every trend by a decade and redefine entire ind...
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Ecommerce's share of U.S. retail, which had been growing by one percent every year, jumped by 11% within eight weeks of the pandemic hitting the United States. The strong performance of big companies fueled the U.S. stock market recovery. However, medium companies declined, and smaller companies got hit the hardest. While the S&P registered growth by mid-July 2020, mid-caps were down 10%, and small caps dropped by 15%. Brands that were already going down, like JCPenny and Neiman Marcus, got hit the hardest. A large portion of the stimulus capital that entered U.S. capital markets went towards innovative firms. Tesla's valuation exceeds Toyota, Daimler, Volkswagen and Honda combined, even though it will manufacture only 400,000 cars rather than 26 million cars manufactured by the other four in 2020. Sectors will witness market consolidation around innovators or market giants with solid balance sheets, high-value assets, cheap debt and low fixed costs. Firms like Costco, Honeywell and J...
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