The rising stars of retail are not the retailers at all. According to McKinsey, consumer-to-consumer marketplaces, such as platforms for classified ads or apps for second-hand items, are expected to grow 35 per cent annually between now and 2025.
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Since the corona pandemic, e-commerce has been an absolute top priority for food retailers, but the profitability of online shopping remains a major challenge. McKinsey defines three conditions for a successful digital transformation.
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Even though 2020 was a record-breaking year for many food retailers, the coronavirus pandemic made a lasting impression on food retail. McKinsey and EuroCommerce identify three major trends at work that are forcing supermarkets to adopt new strategies and innovate.
Due to the coronavirus crisis profits evaporate almost completely in the global fashion industry: McKinsey expects a decrease of 93 per cent this year. Those who were able to grow did so either online or thanks to Asia-Pacific. Also in 2021, digital will still be the superstar.
Closed stores and stock that cannot be sold: the havoc that corona will wreak in the fashion retail is becoming increasingly apparent. New studies now predict which chains will be the first to fall...
2019 wordt voor modespelers een jaar van ontwaken. Een nieuw rapport schetst de onzekere toekomst van de sector, die gedomineerd wordt door twintig ‘superwinnaars’, aangevoerd door Inditex, LVMH en Nike.