Online retail takes a smaller bite off the cake?
The Digital Life Design (DLD) conference was organised in Munich at the end of January. It caused a great uproar that several speakers declared: although today online sales growth is bigger than the sales growth produced by physical stores, the trend seems to be turning around. They referred to Euromonitor data, according to which sales of physical stores will grow to 4.9 percent by 2019 from the 1.6 percent of 2013. Online sales growth is forecasted to drop to 12 percent from the current 21 percent – reported Bloomberg News.
Related news
This is why many people still choose shops instead of buying online
According to a recent EY international survey of more than…
Read more >KPMG CEO Outlook 2024: the secret of success lies in creating general crisis resistance
72 percent of CEOs of large global companies continue to…
Read more >Offline and online – hand in hand
Modern consumers increasingly expect the harmonisation of online and offline…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >