• auctusgroup

E-commerce, pandemic take toll on physical retail

Some 100,000 stores could be shuttered during the next five years as e-commerce continues to take an increasing share of US retail sales, according to UBS. The pandemic further weakened brick-and-mortar retail, but some brands were in difficult positions before coronavirus-related restrictions began.

Full Story:The Wall Street Journal (tiered subscription model)(5/14)

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