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Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed. This includes all major sporting and artistic events. [2] Canada's tourism and air travel sectors were hit especially hard due to travel restrictions. [3] Some farmers feared a labour shortfall and bankruptcy. [4] The pandemic affected consumer ...
Following the lifting of some lockdown restrictions in May, retail sales rose by 17.7% in the biggest month to month rise in sales on record. [30] J.Crew was the first national retailer to file for Chapter 11 bankruptcy during the pandemic on May 4. [31]
Small businesses have been hit hard by the COVID-19 pandemic and its lockdowns. Many of them also lacked the technological tools to survive in an unprecedented environment. To make things worse, in the European regions most affected by the coronavirus pandemic small businesses are usually less digitalised. [423] [424] [425]
The case of UNO and AMC 24 Hamilton speaks to a much broader issue involving the relationship between big and small business, the importance of foot traffic for retailers and what matters most for ...
For some, COVID-19 is proving to be a boon for business. For premium support please call: 800-290-4726 more ways to reach us
The pandemic changed everything about our lives, especially how we work. An estimated 114 million people lost their jobs in 2020, while millions more workers had their hours and income cut. Many of...
All non-essential businesses, retail outlets (which include all businesses deemed non-essential under the "Lockdown" tier of the response framework, as well as hardware stores and pet shops), cultural amenities, sports and recreation facilities (unless "being used by high-performance athletes and specified professional leagues"), and personal ...
Some small businesses had to get creative to stay afloat, moving traditionally in-person services online, pivoting to provide pandemic essentials like masks and sanitizer or offering new options ...