Half of the top 25 publicly traded global retailers experienced year-on-year revenue growth of more than 8% last year despite the Covid-19 pandemic and its associated challenges, according to GlobalData.
Retailers worldwide were able to adapt to these challenges by quickly bolstering their e-commerce options.
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At the same time, pharmaceutical retailers and home improvement/gardening supply retailers also stood to benefit from lockdowns imposed to manage the spread of the virus.
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