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Credit: Industry Insights

With second-quarter earnings wrapped up for US retailers, all eyes are now on the holiday season. How will retailers fare in the second half of the year?

In the latest instalment of Industry Insights, Ilana Elbim, Senior Credit Analyst, reflects on a better-than-expected Q2 earnings season for retailers and examines the outlook for the sector as it continues to navigate the impact of the coronavirus pandemic.

Against the backdrop of coronavirus-related lockdown restrictions in many countries, retailers with “good channel diversification” fared well in the second quarter. “Ecommerce has been a significant driver for most retailers, especially those investing in their digital capacity,” Elbim explained.

Going forward, however, retailers remain cautious. To find out why, watch the short video below.

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