Post by arfanho7 on Feb 25, 2024 7:00:42 GMT
Alvarez This isn t something that would happen overnight but you could imagine it as people get more and more comfortable in the online space. I ll go to the store to figure out what I need and it will get delivered to my house tonight where it will be set up and ready to go. Lal Furniture is often sold that way today.
It s a showroom where your order is customized and delivered in six weeks. Q What retail segments are most vulnerable to ecommerce Alvarez I think changes in consumer behavior are going to make the food space more vulnerable in the next five years. There is going to be enormous change both because of the way people eat and because new models are starting to come into the equation that will erode the brick and mortar Ukraine Mobile Number List business. You see it already. There are a lot of grocery store closures around the country. Supermarkets are moving to much smaller formats much more prepared foods and healthy foods because they are getting hit by many competitive threats that make large stores unprofitable. And now this thing called ecommerce is going to get much bigger than the current half percent of the retail grocery market.
You see the shakeout happening in of sales are online. Five years ago people would have said Tesco was impervious. But now they are in trouble and part of the problem is that ecommerce has become more significant. Lal Another thing that has happened in the economy is that the need for convenience has gone up dramatically. Most category killers were destination stores but over time people didn t want to spend that much time traveling so smaller formats closer to your home are becoming the rage for almost every retail sector. Part of that is being driven by Amazon because they can quickly deliver to your home.
It s a showroom where your order is customized and delivered in six weeks. Q What retail segments are most vulnerable to ecommerce Alvarez I think changes in consumer behavior are going to make the food space more vulnerable in the next five years. There is going to be enormous change both because of the way people eat and because new models are starting to come into the equation that will erode the brick and mortar Ukraine Mobile Number List business. You see it already. There are a lot of grocery store closures around the country. Supermarkets are moving to much smaller formats much more prepared foods and healthy foods because they are getting hit by many competitive threats that make large stores unprofitable. And now this thing called ecommerce is going to get much bigger than the current half percent of the retail grocery market.
You see the shakeout happening in of sales are online. Five years ago people would have said Tesco was impervious. But now they are in trouble and part of the problem is that ecommerce has become more significant. Lal Another thing that has happened in the economy is that the need for convenience has gone up dramatically. Most category killers were destination stores but over time people didn t want to spend that much time traveling so smaller formats closer to your home are becoming the rage for almost every retail sector. Part of that is being driven by Amazon because they can quickly deliver to your home.