Retail

Shoppers across the country are retreating again as coronavirus cases surge

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An employee wearing a face mask is pictured inside a shop at Westfield Santa Anita mall during the outbreak of the coronavirus disease (COVID-19), in Arcadia, California June 25, 2020.

Mario Anzuoni | Reuters

Just as shoppers were beginning to inch back to stores, with local economies reopening and malls turning their lights back on, retail traffic declines are accelerating yet again, according to a report. 

Retail traffic in the U.S. was down the most so far in 2020, on a year-over-year basis, during the week ended April 18, according to data from the retail consultancy ShopperTrak. It fell 82.6%. 

From then until the past 14 days, there were slight improvements. Those declines shrank…



Source cnbc.com

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