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UBS: Ecommerce growth will lead to 83,020 store closures - Rob Williams - News, Research and Random Thoughts
The growth in e-commerce revenue from 16% of total U.S. retail sales currently to 25% by 2026 will lead to the closure of 83,020 stores, including 7,310 grocery stores, Michael Lasser and Jay Sole, analysts at UBS, estimated in an April 9 report to investors. The report was an update from a report last year […]
Rob Williams