This is logically going to be a laggard segment to transition online. · by 2028, online platforms are expected to capture more than 21% of global retail sales. · the rise of e-commerce giants like amazon has reshaped consumer behavior, leading to the decline of traditional brick-and-mortar stores. The old profit model no longer works— retailers must adapt or risk falling behind. · mckinsey’s october 2025 report on agentic commerce buries the lede under consultant-speak, but the math is brutal: Drawing from literature on retail success factors, we derive a comprehensive set of factors that may help explain why some retail stores close while others survive. A $3–5 trillion global market transformation that will vaporize traditional. Its ability to build community, leverage. Here are a few reasons why ecommerce has not just thrived but has dwarfed traditional retail in recent times, and why, as a business owner, you should seriously consider growing the digital side of your enterprise: · understanding this phenomenon is crucial for retailers , policymakers, and society at large. · while social commerce will not completely replace traditional e-commerce giants like amazon, it is undoubtedly reshaping the online shopping landscape. While some retailers have struggled to keep up with the changing landscape, others are embracing new technologies and models to stay relevant. · in the us, retail spend is nearing $10 trillion per year, of which 10% comes from grocery stores.
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