Pandemic kills some retailers, but others could reboot

E-commerce has been gobbling up market share from brick-and-mortar retailers for years and the coronavirus pandemic is accelerating it. UBS estimates that 100,000 stores will close in the next five years and that e-commerce will grow to 25 percent of sales this year from 15 percent in 2019, according to the Wall Street Journal. Meanwhile, the U.S. government will release statistics on retail performance at the end of the week and they are expected to

source https://therealdeal.com/2020/05/14/pandemic-kills-some-retailers-but-others-could-reboot/