Analyst Corner

Stores Don’t Matter? Not So Fast

All the mainstream press wants to say that stores are closing and stores don’t matter.  But according to a recent study by IHL and RIS News of over 300 retail brands, stores will be involved in 86% of all order fulfillment in 2020 through traditional bricks and mortar retailers.  Add to this the latest data from the US Retail Census, where pure-play eCommerce companies only represent 13% of total retail sales and 19% of retail sales growth as of January 2020. This means that bricks and mortar retailers for 2020 represent 87% of all retail sales (includes their eCommerce) and 81% of all retail growth.

So stores not only matter, they are a key part of the future of all parts of retail.  What systems are being updated, how fast, and what segments?  Check out Rise of the Digital Store – How Digital Orders Are Transforming Store Operations

If you liked this post, please consider tweeting it or sharing on LinkedIn on the share bar above.  We so appreciate it.  Thanks.
Tweet

Like this post?  Never miss an IHL Research Briefing by signing up here for free