WATCH: How retailers are coping with the lockdown

Business Day TV spoke to Sa’ad Chothia from Nedbank CIB about how retailers having been dealing with the lockdown, with particular focus on the ones that do not provide essential services.

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By | 2020-06-10T12:07:54+02:00 April 16th, 2020|Investment Banking, Markets and Research, Watch This|2 Comments

2 Comments

  1. tatenda gutuza April 16, 2020 at 1:17 pm - Reply

    Key takings:
    – Retail sector likely to witness a V-shaped recovery in sales & profitability after the lock-down instead of U-shaped recovery. This is a possibility because immediately after lock-down consumers would desire to restock their food supplies with fresh items, and consumer behavior likely to be back to normal immediately after the lock-down.
    – Food retailers might suffer significant losses especially those with size-able inventories of perishable commodities.
    – Clothing industry might not face the cost of depreciation of inventories, but will face a grave challenge of selling-off summer clothing as winter in just around the corner.

  2. Nedbank CIB April 21, 2020 at 12:11 pm - Reply

    Glad you enjoyed the video Tatenda. Thank you for engaging.

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