Sales of shoe stores in the US down by 56%
According to data from the USA Census Bureau and the analysis of the WorldFootwear.com, growth of sales of the shoe stores in the US has been on the red since the beginning of year
Shoe stores in the US registered a positive growth trend in the first 8 months of 2019, with a maximum year on year variation of +14% in January 2019. This positive year on year variation of sales by footwear stores was interrupted in September 2019, when a -3% variation was registered.
Shoe stores in the US entered the new year with a negative performance, and since March 2020 they have taken the hit of the COVID-19 outbreak. As lockdowns took place and the disease started to spread across the country, consumers kept away from stores, with an huge impact on the year on year sales variation.
April was a particularly negative month, with a decline of 87% compared to similar period in 2019 and reflecting the closures in place to try to avoid the spread of COVID-19. In May the year on year variation was only -56%.
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