Home › Digital laggards must act to offset store closures
 

Keywords :   


Digital laggards must act to offset store closures

2020-11-24 10:45:00| Daily apparel & textile news and comment - from just-style.com

Permanent store closures were already rife in the retail sector prior to Covid-19 due to spend shifting online, but this has been further intensified by the pandemic. Apparel stores have been especially hard hit, with online penetration forecast to rise to 50.8% in 2020 and expected to remain well above 2019 levels in 2021 at 40.0%, further reducing the need for large store estates. [ more ]

Tags: store digital act offset

Category:Consumer Goods and Services

Latest from this category

All news
27.03As streaming subscriptions stall, are price rises inevitable?
27.03H&M to use digital clones of models in ads and social media
27.03The five steps that could lead to UK tax rises in October
27.03Germany leads defiance to Trump car tariffs, saying it 'will not give in'
27.03Easter egg costs soar by up to 50%, Which? says
27.03Easter egg costs soar by up to 50%, Which? says
27.03Up to 2,700 jobs at risk at British Steel
27.03Warning taxes could still rise despite welfare cuts
Consumer Goods and Services »
27.03As streaming subscriptions stall, are price rises inevitable?
27.03AkzoNobel Partners with LandLocked Aviation Services
27.03ARKEMA Celebrates 60th Anniversary of Flagship Kynar 500 PVDF
27.03H&M to use digital clones of models in ads and social media
27.03The five steps that could lead to UK tax rises in October
27.03Feed mill biosecurity: Critical step in swine disease prevention
27.03WastAway Builds Brand, Network at Top Biofuels, Waste Recycling Conferences
27.03Compeer seeks damages, receivership in SD hog farms check kiting scheme
More »