Brick-and-Mortar Is Here to Stay. 3 Reasons Why You Should Adopt a Hybrid Retail Strategy in 2023
Online retail is growing remarkably. Global e-commerce sales accounted for 19% of retail sales in 2019. This number is expected to rise to 25% by 2026. But does this mean brick-and-mortar stores are on the path of embracing obsolescence? Not exactly. The general prediction for the future of brick-and-mortar was a doomsday scenario for retail stores during and post-pandemic. In contrast, reality has been starkly different. In 2021, store openings […]