This Pandemic Has Hurt A Lot Of Businesses, But There Are Some That Are Thriving
Start writing a post
News

This Pandemic Has Hurt A Lot Of Businesses, But There Are Some That Are Thriving

Is your favorite business succeeding during the pandemic?

13
This Pandemic Has Hurt A Lot Of Businesses, But There Are Some That Are Thriving

The global pandemic caused by the coronavirus has affected many aspects of daily life and has arguably caused far more bad than good. There have been some positive results of this pandemic, though. For example, some businesses such as liquor stores have actually seen an increase in sales and benefited.

There are some other apparent businesses that a person can actually see benefiting from this pandemic, too. Another example of this would be any toilet paper company or sanitizing business such as Clorox. When the pandemic started, everyone rushed to grocery stores, dollar generals, and gas stations and started buying all the toilet paper that they could carry. Businesses that produced or managed toilet paper brands such as Charmin or Cottonelle saw a momentous jump in their sales.

Toilet paper sales increased up to 71% in the two weeks that the pandemic started. If stores hadn't started running out of toilet paper, the sales would have increased even more. Business executives that were in charge of overseeing these companies claimed that if the sales were looked at on March 12, 2019, compared to March 12, 2020, the amount of toilet paper sold increased by 734%. By March 23, 2020, almost 70% of U.S grocery stores, including those online, reported that they were out of toilet paper.

Other businesses that are less obvious have also benefited from this pandemic and quarantine. Companies like Amazon have seen a large increase in users and buyers since the pandemic. Other online companies have been seeing the upside to this pandemic as well. Companies that are cloud service providers and data-center owners such as Equinix or Digital Realty Trust have been thriving. Equinix reported a small hit in its first quarter but remained relatively stable throughout this entire pandemic. The executives of companies such as Equinix claim that they feel good about the second quarter and its sales. In reported earnings for the first weeks of this quarter, companies similar to Equinix reported that they had strong sales and great revenue growth.

A surprising company whose sales have surged during this pandemic is Domino's Pizza. When the coronavirus took hold, Domino's sales in the United States slowed down but never dropped. In the first few weeks when the quarantine was issued, their sales slowed to 1.6%. But after March 22nd, their same-store sales started increasing up to 7%.

Domino's had implemented online and delivery in years prior to the pandemic, and that is actually what helped them be successful during this stressful time. Domino's reported that 70% of their sales were online and came through either the company's app or website. They also reported that this percent was increasing and even reached up to 80% at times.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Student Life

Waitlisted for a College Class? Here's What to Do!

Dealing with the inevitable realities of college life.

61398
college students waiting in a long line in the hallway
StableDiffusion

Course registration at college can be a big hassle and is almost never talked about. Classes you want to take fill up before you get a chance to register. You might change your mind about a class you want to take and must struggle to find another class to fit in the same time period. You also have to make sure no classes clash by time. Like I said, it's a big hassle.

This semester, I was waitlisted for two classes. Most people in this situation, especially first years, freak out because they don't know what to do. Here is what you should do when this happens.

Keep Reading...Show less
a man and a woman sitting on the beach in front of the sunset

Whether you met your new love interest online, through mutual friends, or another way entirely, you'll definitely want to know what you're getting into. I mean, really, what's the point in entering a relationship with someone if you don't know whether or not you're compatible on a very basic level?

Consider these 21 questions to ask in the talking stage when getting to know that new guy or girl you just started talking to:

Keep Reading...Show less
Lifestyle

Challah vs. Easter Bread: A Delicious Dilemma

Is there really such a difference in Challah bread or Easter Bread?

39986
loaves of challah and easter bread stacked up aside each other, an abundance of food in baskets
StableDiffusion

Ever since I could remember, it was a treat to receive Easter Bread made by my grandmother. We would only have it once a year and the wait was excruciating. Now that my grandmother has gotten older, she has stopped baking a lot of her recipes that require a lot of hand usage--her traditional Italian baking means no machines. So for the past few years, I have missed enjoying my Easter Bread.

Keep Reading...Show less
Adulting

Unlocking Lake People's Secrets: 15 Must-Knows!

There's no other place you'd rather be in the summer.

960937
Group of joyful friends sitting in a boat
Haley Harvey

The people that spend their summers at the lake are a unique group of people.

Whether you grew up going to the lake, have only recently started going, or have only been once or twice, you know it takes a certain kind of person to be a lake person. To the long-time lake people, the lake holds a special place in your heart, no matter how dirty the water may look.

Keep Reading...Show less
Student Life

Top 10 Reasons My School Rocks!

Why I Chose a Small School Over a Big University.

204777
man in black long sleeve shirt and black pants walking on white concrete pathway

I was asked so many times why I wanted to go to a small school when a big university is so much better. Don't get me wrong, I'm sure a big university is great but I absolutely love going to a small school. I know that I miss out on big sporting events and having people actually know where it is. I can't even count how many times I've been asked where it is and I know they won't know so I just say "somewhere in the middle of Wisconsin." But, I get to know most people at my school and I know my professors very well. Not to mention, being able to walk to the other side of campus in 5 minutes at a casual walking pace. I am so happy I made the decision to go to school where I did. I love my school and these are just a few reasons why.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments