Series of articles from Deloitte China provides insight into the impact of COVID-19 on China’s consumer products and retail industries, how companies have responded, and what they can do to recover and thrive post crisis.
This joint report from Deloitte China and the China Chain Store & Franchise Association provides a view on the impact of COVID-19 on the finance and operations of China's retail industry, how businesses have responded, and insights on a path forward through:
This report from Deloitte China reminds us that despite the COVID-19 outbreak, life continues for each of us as ordinary consumers. As a result, consumer products and retail companies have an opportunity to use situational thinking and phased preparation to rally from this crisis stronger than before. Questions that businesses should ask:
The COVID-19 crisis has put new retail and omnichannel transformations very high on the agendas of China’s consumer products and retail companies. In this report, Deloitte China helps companies think about answering such questions as: How can we balance offline channels with our online strategic focus to best embrace the return to normalcy? How can we determine the impact the COVID-19 has had on consumer psychology to refine our products and adjust our channels? How can businesses wanting to build on new trends with a strong online focus go about establishing and supplementing these capabilities? How can businesses optimize online and offline channels, marketing and other resources?
This report examines the Impact of COVID-19 on the fresh food business in China and highlights models that have emerged during the crisis that present opportunities for businesses as they recover, including distributed warehousing, online/offline e-commerce + supermarket and neighborhood purchasing. The challenge for these new models is to resolve logistics, supply chain and cost issues while mastering customer retention and order conversion.
Since the outbreak of COVID-19, the majority of Chinese catering companies, particularly small and medium enterprises, are contending with significant challenges brought on by sharp declines in customer numbers and disrupted supply chains. To better grasp the difficulties facing the industry, the China Cuisine Association and Deloitte China surveyed Chinese catering businesses from mid-February to early March of this year on the impact of COVID-19. This report explores survey results, focusing on: