Lewis Honors College Capstone Collection
Year of Publication
2021
College
Agriculture, Food and Environment
Department/School/Program
Merchandising, Apparel and Textiles
Degree Name
Bachelor of Science in Merchandising, Apparel & Textiles
First Capstone/Thesis Advisor
Dr. Scarlett Wesley
Abstract
It is commonly known that the effects of the COVID-19 pandemic have impacted many industries, including healthcare, transportation, and leisure to name a few. One particular industry that seems to have been greatly affected is retail. With many individuals deciding to stay safe at home rather than go out shopping, this poses a question regarding how retail companies are changing their selling and promotional strategies. It is apparent that online shopping has become more popular. However, what may be less apparent is how retail stores are adapting. With fewer customers entering the stores, it is important to look into what companies are doing in an attempt to encourage more foot traffic. This project takes an in-depth look into how COVID-19 has affected the retail industry in terms of visual displays, shopping patterns, and marketing tactics. The main focus will be on how companies have changed these components of their strategy during the 2020 holiday season as compared to the 2019 holiday season. The fourth quarter of the year is oftentimes the most important period for retailers, for it is when they have the largest opportunity to make sales. From analyzing how visual displays, shopping patterns, and marketing tactics have been altered as a result of the pandemic, this project will conclude with inferences of what the future of the retail industry may look like, along with whether or not some changes in retail strategies and consumption patterns may be permanent or long-lasting.
Recommended Citation
Arain, Sabriyah, "A Global Pandemic's Effect on the Retail Industry" (2021). Lewis Honors College Capstone Collection. 53.
https://uknowledge.uky.edu/honprog/53