Business
These are the 7 best ASX retail shares in 2020
The COVID-19 pandemic has changed the landscape for many ASX retail shares in 2020, with many stores forced to close while lockdown restrictions were in place.
But as one door closes, another often opens, as it did for some retailers, in the form of e-commerce.
Unsurprisingly, we’ve seen e-commerce boom this year, as people shifted their shopping habits from brick-and-mortar stores to online.
On that note, let’s take a look at the 7 top performing ASX retail shares of 2020 so far.
| Company | 1-year share price increase | Current share price | Market capitalisation |
|---|---|---|---|
| 1. Redbubble Ltd (ASX: RBL) | 525% | $6.32 | $1.7 billion |
| 2. Temple & Webster Group Ltd (ASX: TPW) | 360% | $10.34 | $1.2 billion |
| 3. Kogan.com Ltd (ASX: KGN) | 152% | $18.38 | $1.9… |
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