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On a same-store basis, member sales across all AD’s divisions and countries were down 6 percent through the first six months of this year, to $21.6 billion, driven by a 13 percent decline in Q2.
The company's sales were $602 million for the second quarter of 2020, which was 24 percent lower than the first quarter of 2020 and 39 percent lower than the second quarter of 2019.
The world has changed. What we are experiencing is called a critical selling event, which means consumers’ habits are in flux. Their routines are now disrupted, and there is no set pattern in how they buy.
In a matter of months, the retail landscape has changed. People are shopping differently and will be for months to come. Line-ups, hand-wash stations, social distancing, signs and new rules in every store — these are all things affecting how people shop during this pandemic.