Frugal or frivolous?

The coro­n­avirus pan­dem­ic will undoubt­ed­ly change the tra­di­tions of the fes­tive shop­ping sea­son, but how it will impact the retail sec­tor remains to be seen. With research show­ing that Christ­mas is more impor­tant to con­sumers this year than before, will the virus out­break be a boon for all retail­ers as shop­pers indulge in gift-giv­ing, or are peo­ple like­ly to cut back on spend­ing as the eco­nom­ic cri­sis con­tin­ues to unfold?