The Largest Global Retailers in theCOVID-19 Pandemic Period 2020-2021

During its existence, the retail industry underwent profound transformations.Over the past three decades the retail industry has incorporated new technologies, namely Artificial Intelligence, Internet of Things and Big Data Analytics.All these advancements deeply intensified competition in global retailing.The COVID-19 pandemic had a significant impact on the businesses of global retailers.The purpose of the paper is to present and briefly analyse the evolution of the largest global retailers in terms of their retail revenues in the COVID-19 pandemic period 2020COVID-19 pandemic period -2021. .In this respect, a qualitative research method was used.The results of the paper show that global retailers are dominating the retail industry.They obtained impressive retail revenues even during the COVID-pandemic period 2020-2021.Walmart, the American giant, was by far the largest global retailer in that period.

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Publication Details

Journal
Ovidius University Annals Economic Sciences Series
Published
2024-08-31
DOI
https://doi.org/10.61801/ouaess.2024.1.69
Primary Topic
COVID-19 Pandemic Impacts
Type
article
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article

The Largest Global Retailers in theCOVID-19 Pandemic Period 2020-2021

Sorin-George Toma
Ovidius University Annals Economic Sciences Series
COVID-19 Pandemic Impacts
article

The Largest Global Retailers in theCOVID-19 Pandemic Period 2020-2021

Sorin-George Toma
article en

Abstract

During its existence, the retail industry underwent profound transformations.Over the past three decades the retail industry has incorporated new technologies, namely Artificial Intelligence, Internet of Things and Big Data Analytics.All these advancements deeply intensified competition in global retailing.The COVID-19 pandemic had a significant impact on the businesses of global retailers.The purpose of the paper is to present and briefly analyse the evolution of the largest global retailers in terms of their retail revenues in the COVID-19 pandemic period 2020COVID-19 pandemic period -2021. .In this respect, a qualitative research method was used.The results of the paper show that global retailers are dominating the retail industry.They obtained impressive retail revenues even during the COVID-pandemic period 2020-2021.Walmart, the American giant, was by far the largest global retailer in that period.

Ovidius University Annals Economic Sciences SeriesVol. 24(1)
University of Bucharest (RO)
Good health and well-being
Openalex Percentile: Top 74%
COVID-19 Pandemic Impacts
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The Largest Global Retailers in theCOVID-19 Pandemic Period 2020-2021 — Sorin-George Toma · Ovidius University Annals Economic Sciences Series (2024) | TGRS Research Map | TGRS