Analysis: UBS Predicts Closure of 45,000 Retail Stores Due to E-commerce Disruption

Wednesday, 24 April 2024, 23:40

UBS analysts have warned of a new wave of e-commerce disruption that could result in the closure of 45,000 retail stores over the next five years. This prediction highlights the ongoing challenges faced by brick-and-mortar retailers in the evolving digital landscape. The impact of e-commerce on retail businesses is expected to accelerate, reshaping the traditional retail sector significantly.

https://store.livarava.com/434008f7-0294-11ef-a6c0-63e1980711b2.jpg — Analysis: UBS Predicts Closure of 45,000 Retail Stores Due to E-commerce Disruption

A new wave of e-commerce disruption

UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

A new wave of e-commerce disruption

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