Retail Apocalypse Predicted to Continue
Enterra Insights
MAY 13, 2019
“This,” he states, “will likely lead to an acceleration in physical store closures in the upcoming year.” Howland reports, “[UBS] analysts’ best case estimate is for 75,000 stores to collectively shutter by 2026, if e-commerce penetration rises from today’s 16% to 25%.” Footnotes. [1]
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