Retail Apocalypse Predicted to Continue

Enterra Insights

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%.” UBS store closure estimates for various sectors are: Apparel (21,000 closures), consumer electronics (10,000), and home furnishings (8,000). AI can also be used to help retailers optimize their supply chains, improve forecasting and inventory management as well as omnichannel order fulfillment.

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