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

06.06NatWest apologises as banking app goes offline
06.06Arrests made in crackdown on finfluencers
06.06Arrests made in crackdown on finfluencers
06.06Most new build homes must have solar panels - Miliband
06.06Trump and Musk trade insults as row erupts in public view
06.06Charity supports one in 16 babies across the county
06.06M&S hackers sent abuse and ransom demand directly to CEO
06.06Lululemon shares plunge as Trump tariffs bite
Consumer Goods and Services »
06.06Atlantic Tropical Weather Outlook
06.06NatWest apologises as banking app goes offline
06.06Indorama Ventures Posts 1Q 25 Results
06.06Arrests made in crackdown on finfluencers
06.06Arrests made in crackdown on finfluencers
06.06Most new build homes must have solar panels - Miliband
06.06Trump and Musk trade insults as row erupts in public view
06.06Charity supports one in 16 babies across the county
More »