Citing surging online sales and the migration of its product portfolio to digital offerings, Microsoft announced on Friday it would close its retail stores.
On the same day, H&M revealed it would end 2020 with 40 fewer stores in its chain, and throttle back on new branch openings as it steps up its efforts in e-commerce.
The retail sector is witnessing a massive shift to online selling, in many cases hand in …
The post Retail begins its long fight back, but the shift is away from bricks and mortar appeared first on The Loadstar.
Source: The Loadstar
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