![]() ![]() Support retail firms to implement social distancing measures.Įnsure that competition in the sector remains sufficient in the aftermath of the crisis. Help essential retailers deal with labour supply shortages, in particular by smoothing demand-supply matching for retail jobs and providing guidance on health and safety standards. COVID-19 has dramatically disrupted the sector, with the shock differing massively between brick-and-mortar versus online shops, essential versus non-essential stores, and small versus large retailers.įive policy measures that countries need to take now for the benefit of firms, workers and customers to shield the retail sector from the effects of the crisis and enhance its resilience are as follows:Įnsure that liquidity assistance schemes are accessible to retail firms, irrespective of their size. ![]() It operates as a gateway to consumers from upstream sectors, accounts for almost 5% of GDP, and employs about 1 in 12 workers. The retail sector is of paramount importance across OECD countries. ![]()
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