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%.” In the grocery sector, “Some 7,000 grocery stores (or 8% of the base) ‘could close if grocery eComm penetration rises from 2% currently to 10%’ by 2026, while home improvement stores could shutter about 1,000, according to the report.”

Retail 100

The Future Is Now for Logistics

Material Handling & Logistics

If things don't change, and we continue up this progression, by 2026, we will be at 170,000 drivers short. Whether the cause is e-commerce growth, the tight labor market, or changing distribution models, inventories and carrying costs are rising.