Live Breaking News & Updates on Temkin Group|Page 4
Stay updated with breaking news from Temkin group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The evolution of retail over the past decade has been rapid. From changing customer behaviours to integrating technology, retail industry players realise that market dynamics – coupled with the Covid-19 pandemic – have had a significant impact on their businesses. While a timeline to ‘post-Covid-19’ is still undefined, the retail industry has started to prepare for the new normal. US-based research firm Forrester has estimated that global retail losses likely reached $2.1tn in 2020, and that it will take four years to overtake pre-pandemic growth levels. In addition, a study from Swiss investment firm UBS, conducted prior to the pandemic, had already predicted the closure of 75,000 brick-and-mortar stores by 2026, caused by the competitive e-commerce market. The study led to talk of a ‘retail apocalypse’. ....
How You Can Recover More Of Your Unsatisfied Patients forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.