The Reinvention of Retail

What They Say

McKinsey, the international consultants, published data about changes in the retail environment because of Covid. The company believes that the market has experienced ten years of development in just three months. McKinsey put out a free report.

What We Think

It’s more than twenty years since I bought my first PC from the US over the internet and rarely go to shops except for DIY supplies and groceries (and I’d buy those online if my wife gave me a choice!). So, I don’t need much convincing about the development of online sales, but the change this year has really been very, very dramatic. It’s good to have some numbers to put on the trends that are clear to all of us. (BR)

Retail Chart