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Contrary to predictions of physical retail demise, new excitement is emerging among retailers. Recent research and reports have revealed that physical stores will account for £8 of every £10 of retail spending by 2025, and 81% of young Gen Z…
Retail has always been a creative business that rises to the challenges of the various circumstances and ultimately adapts to the changing needs and demands of consumers. COVID-19 has shed light on the need for rapid testing of new ways…
Over the past few years, competition among retailers has gotten significantly tougher. Online platforms have joined brick-and-mortar stores, and millions of businesses now populate the retail sector. All these businesses are vying for the attention of a customer base that…
In 2017, Sears, Macy’s, RadioShack and JC Penney closed over 100 stores. A year later, Toys R Us announced its liquidation and closed almost 800 stores across the United States. Closures like these have been going on for the past…