Tags total retail sales of goods and services Slower consumption and prospect of growth in 2023 Tuesday, Dec 06, 2022 ''Revenge'' consumption has driven up a boom in consumption in response to offset the hostile experience of being forced to ''stay-at-home'' during the pandemic. Retail industry face difficulties during COVID-19 Tuesday, Apr 21, 2020 Many businesses have been forced to implement social distancing rules due to the COVID-19 outbreak, and the retail sector has been hit hard.