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How Going Online-Only Is Saving Retail Brands From Going Under


How Going Online-Only Is Saving Retail Brands From Going Under
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Ecommerce has enjoyed the silver lining in the COVID-19 storm, but it’s a storm that sank many beloved, long-established retail brands. The ecommerce market is predicted to have grown by 16.5% by the time 2020 is complete, while fears of infection and government restrictions that shuttered brick and mortar stores pushed consumers away from in-store shopping and towards online purchases.
The shift online is likely to persist. Once first-time online shoppers have learned how the process works and created accounts with preferred stores, they’re far more likely to continue. An Accenture study predicts a 169% rise in ecommerce purchases after the pandemic ends, just from new or low-frequency shoppers. ....

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The biggest potential retail acquisition targets for 2021


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Coronavirus hit retailers hard in 2020, and 2021 is likely to start on a similarly grim note, even for retailers that had viable businesses before the pandemic.
With the holidays over, some of these retailers might look seriously at finding buyers who can get them through the rest of the pandemic and help chart a new course afterward.
Here are 9 retailers and brands that analysts say could be attractive targets for rivals, private equity firms or even landlords as we enter the new year.
2020 forced many retailers to look hard at their physical store footprint and rethink e-commerce. 2021 could be the year many specialty retailers like Gamestop and Lululemon take a look at something else: being acquired. ....

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