Back to News
Retail news

COVID-19 endangers retailers already hurt by Amazon

A Wall Street Journal article begins, "Amazon.com may hurt retailers. Coronavirus will finish them off." Around 100,000 stores were expected to close over the next five years, as a greater percentage of retail sales shifts online, according to a UBS projection. The number of people regularly shopping online is only likely to increase as Americans deal with the fallout from the coronavirus pandemic.

The RetailWire Daily

A daily briefing with the retail news, expert perspective, and business context to bring into your next meeting.

Want to know more? Learn more

Discussion Thread0