GERMAN RETAILERS TO WITNESS WORST DOWNTURN SINCE WORLD WAR II

HIGHLIGHTS

• This year, German non-food retailers can see a drop in their sales of around 22%.
• This will be the biggest downturn since World War II.
• Online product sales are increasing whereas sales of products in physical stores are reducing.

If there is no second wave of coronavirus infections in Germany, then German non-food retailers can see a drop in their sales this....