How Many Years Forward Did COVID Accelerate eCommerce? πŸ–₯πŸ›οΈ

New data from IBM’s U.S. Retail Index spells out how consumer behavior drastically shifted from traditional retailers to digital eCommerce disruptors during the COVID-19 pandemic. At its hieght, the data from IBM shows a 75% decline in Q2 2020 for “non-essential” retailers. Alex discusses recent digital acquisitions from companies like Neiman Marcus and explains why he sees M&A as the only way lagging traditional retailers will be able to catch up with high-flying tech players.

This is an excerpt from episode 163 of Winner Take All. Watch the full episode here: youtu.be/IJsI10qdnH0

Originally Aired: 06/25/21
#Retail #eCommerce #M&A

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