Retail and Beyond: The 2020 eCommerce Disruption

Retail and Beyond: The 2020 eCommerce Disruption

“The pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years. Department stores, as a result, are seeing significant declines. In the first quarter of 2020, department store sales and those from other ‘non-essential’ retailers declined by 25%. This grew to a 75% decline in the second quarter.”

via World Economic Forum

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About David H. Deans

Principal Consultant and Founder of GeoActiveGroup.com
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