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
A new set of employee values is taking shape – or what does a “good workplace” mean today?
Randstad’s Workmonitor 2025 provides a comprehensive picture of how employees’…
Read more >EY: Brand loyalty is on the decline – almost only the price-value ratio matters
Consumers around the world are concerned about the rising cost…
Read more >The dark side of AI – who will stop the spread of deepfake?
Deepfakes, or fake images, videos, and audio generated by artificial…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >More expensive Barbie, thinner Heinz – Trump’s tariffs redraw the global consumer market
The impact of Donald Trump’s tariff policy is affecting more…
Read more >The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian…
Read more >