Joven, AL Vincent M.

/Block-B RES30(11:00am-12:00nn) / Group 2

The Covid-19 pandemic has taken a sharp economic toll on the retail industry
worldwide as many retailers and shopping centers were forced to shut down for
months due to mandated stay-at-home orders. As a result of these closures, online
retailers received a major boost in sales as customers looked for alternative ways to
shop. In the weeks leading up to lockdowns, panic buying of products such as hand
sanitizer, toilet paper, and canned foods led to shortages of these items
nationwide. So one effect to retail stores is the large percentage of bankruptcy.
What is the impact/ effect to retail store during this pandemic.
Impact of the Covid-19 pandemic on retail stores

What is the impact/ effect to students during this pandemic.

Impact of the Covid-19 pandemic on students.
Colleges and students were not prepared for prolonged campus closures. Both face
a variety of challenges going forward. For the majority of college students,
concerns revolve less around getting sick and more around grades, credits, and lost
income from financial aid and on-campus work. For students figuring out where to
go and how to get there because the new normal for the students tend to give
them a bigger problem because they don't know how to survive the pandemic plus
the problem of online class.

Social‐distancing restrictions and health‐ and economic‐driven this is the one of the
reason why small business is shutting down this pandemic. Some have closed by
policy mandate, downward demand shifts, health concerns, or other factors.
According to a survey Forty-four percent of small business owners think it's likely
that changes they've made to their businesses due to Covid-19 will be permanent,
according to new research. This is because to the additional expenses like alchohol
and other materials needed and required by the government.