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Permanent Changes in Consumer Behavior

The pandemic has created dramatic upheaval in shopping patterns, says McKinsey.

There will be no turning back even when the pandemic is behind us. According to McKinsey, there have been 10 major shifts in consumer shopping behavior since COVID-19 hit the US. They include: • Digital shopping is here to stay. Categories where expected growth in online shoppers exceeds 35% include essentials such as over-the-counter (OTC) medicine, groceries, household supplies, and personal care products.  • Milennials and high-income earners are in the lead when it comes to shopping on...

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