Consumer Retail Behavior

Assignment 2
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Assignment 2
Question one
COVID-19 changed the shopping patterns of most consumers regarding various goods and services. As lockdown measures were put into place in various regions, supply chains stiffened, and most supplies were somewhat difficult to come upon. Therefore, people were increasingly rushing to locate necessities, including food. As the number of purchasers increased significantly and waiting lines grew, online shopping became important and inevitable (Koch et al., 2020). Most shoppers chose to buy everything they needed online. Retail trade or retailing is among the hugest and most closely observed industries in most global economies.
Question two
According to most industry-based leaders and experts, once the coronavirus crisis ends, it is highly likely that the situation will generate permanent consumer behavior modifications that retailers need to consider and begin preparing for the shifts accordingly. Above all, the retailers will increasingly experience the resulting impact after the crisis.
Question three
The current trends that appear to be occurring in consumer reta...