Social Distancing Crushes Retail, Hotels, Dining
- Customers have dropped to near zero in all three industries
- As shutdowns are extended, millions are facing job losses
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Americans are listening to government guidelines to avoid crowds, putting stores, hotels and restaurants into near-total shutdowns.
Retail, dining and hospitality have been particularly hard hit by social distancing measures undertaken to stem the spread of the coronavirus, new data show. All three industries have been hit by broad share routs during March as investors survey the extent of the damage to consumption.