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.
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