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Consumer Durables

The physical retail store is not dying, rather rocking!

The physical retail store is not dying, rather rocking!
The physical retail store is not dying, rather rocking!
Illustration By Sadhana Saxena via AI.

Synopsis

E-commerce had its day in the sun during the pandemic. However, with people emerging from the confines of their homes, physical retail stores are thriving and will continue to do so in the next few years. So, what are the underlying drivers and what lies ahead for the format?

The fate of the physical retail store has been up for discussion over the past few years. During with people confined to their houses, e-commerce went through the roof. As people stepped out of the pandemic a couple of years ago, the store did make a stunning comeback. But the question remained: Was it a ‘revenge consumption’ story or was it more fundamental? The return of the retail store There is no doubt that a physical store is the centre
( Originally published on Mar 21, 2024 )
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The Economic Times