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Forrester Projects $2.1 Trillion in 2020 Retail Losses

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Across the globe, retail is in for a rough ride for the remainder of the year amid the spread of COVID-19, warns a major analyst and advisory firm. Forrester predicts that due to the coronavirus pandemic, global retail sales will decline by an average of 9.6 percent in 2020, marking a loss of $2.1 trillion….

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