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, both principals in the firm s consumer and retail practice. Views are the authors own.
It could take the better part of the next five years for retailers to absorb and integrate the acceleration of e-commerce into a new operating model that matches pre-pandemic retail profitability. With 2020 having drawn to a universally unlamented end, retailers are eyeing 2021 with what can only be described as wary optimism.
If last year proved crippling or even fatal to some retailers many in the apparel and luxury categories, for example it was an unexpected godsend to others, including supermarket operators, chain drugstores, mass merchandisers, DIY stores, personal electronics stores, home goods retailers and office supply stores.