{"id":10157,"date":"2022-03-29T09:00:00","date_gmt":"2022-03-29T17:00:00","guid":{"rendered":"https:\/\/www.rangeme.com\/blog\/?p=10157"},"modified":"2022-03-28T05:41:49","modified_gmt":"2022-03-28T13:41:49","slug":"myth-or-truth-is-brick-mortar-actually-dying","status":"publish","type":"post","link":"https:\/\/www.rangeme.com\/blog\/myth-or-truth-is-brick-mortar-actually-dying\/","title":{"rendered":"Myth or Truth: Is Brick &#038; Mortar Actually Dying?"},"content":{"rendered":"\n<p>In 2022, in-demand retailers and consumer packaged goods (CPG) brands will invest in stores while others will pare down their physical presence. Let\u2019s examine the factors fueling stores\u2019 simultaneous expansion and contraction to see where global retail leaders will invest resources and why.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Stores are still very much alive<\/strong><\/h2>\n\n\n\n<p>Consumers still love to see what\u2019s in store. A whopping 80.4% of total retail sales still take place in physical stores, as brick and mortar offers:<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_1');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_1');\" ><sup id=\"footnote_plugin_tooltip_10157_1_1\" class=\"footnote_plugin_tooltip_text\">1<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_1\" class=\"footnote_tooltip\"> Young, Jessica. A decade in review: Ecommerce sales vs. total retail sales 2011-2020. Digital Commerce 360. February 19, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_1').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_1', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Multisensory experiences<\/li><li>Immediate access to products<\/li><li>Opportunities to test product quality and fit<\/li><li>Human touch that builds relationships and trust<\/li><li>Showrooms that drive product discovery<\/li><li>Easy returns<\/li><li>An escape from our pandemic cocoons.<\/li><\/ul>\n\n\n\n<p>Some stores seem pandemic-proof. <a href=\"https:\/\/www.rangeme.com\/walmart\" target=\"_blank\" rel=\"noreferrer noopener\">Walmart<\/a>\u2019s buy online pick up in-store (BOPIS) service earns one in four dollars spent on click and collect.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_2');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_2');\" ><sup id=\"footnote_plugin_tooltip_10157_1_2\" class=\"footnote_plugin_tooltip_text\">2<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_2\" class=\"footnote_tooltip\"> Repko, Melissa. Walmart drew one in four dollars spent on click and collect \u2014 with room to grow in 2022. CNBC. December 30, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_2').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_2', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script> <a href=\"https:\/\/www.rangeme.com\/target\" target=\"_blank\" rel=\"noreferrer noopener\">Target<\/a> keeps investing in its stores, including shop-in-shop partnerships.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_3');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_3');\" ><sup id=\"footnote_plugin_tooltip_10157_1_3\" class=\"footnote_plugin_tooltip_text\">3<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_3\" class=\"footnote_tooltip\"> Wilson, Marianne. Target commits $4B on store openings, remodels. Drug Store News. March 3, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_3').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_3', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script> Lululemon enthusiasts motivated the retailer to open dozens of new stores last year.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_4');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_4');\" ><sup id=\"footnote_plugin_tooltip_10157_1_4\" class=\"footnote_plugin_tooltip_text\">4<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_4\" class=\"footnote_tooltip\"> Dowd, Jessie. Lululemon to Open up to 50 Stores in 2021, Expand MIRROR In-Store Shops. Retail Touchpoints. April 5, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_4').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_4', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><br><br>As inflation fuels <a href=\"https:\/\/www.rangeme.com\/blog\/value-shopping-still-soars-in-strong-economy\/\" target=\"_blank\" rel=\"noreferrer noopener\">value shopping<\/a>, retailers that target price-conscious consumers are betting big on brick and mortar.&nbsp; <a href=\"https:\/\/www.rangeme.com\/dollargeneral\" target=\"_blank\" rel=\"noreferrer noopener\">Dollar General<\/a><strong> <\/strong>plans to open 1,100 new locations and remodel 1,750 stores this year.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_5');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_5');\" ><sup id=\"footnote_plugin_tooltip_10157_1_5\" class=\"footnote_plugin_tooltip_text\">5<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_5\" class=\"footnote_tooltip\"> Garcia, Tonya. Dollar General reports profit decline, plans for more than 1,100 new stores in 2022. MarketWatch. December 2, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_5').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_5', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_6');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_6');\" ><sup id=\"footnote_plugin_tooltip_10157_1_6\" class=\"footnote_plugin_tooltip_text\">6<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_6\" class=\"footnote_tooltip\"> Shoulberg, Warren. Dollar Stores, Big Lots, Off-Pricers Will Open Thousands Of Stores In 2022. Forbes. January 16, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_6').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_6', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script> Off-price retailers TJX and Ross plan to open more stores, as does German grocery discounter Aldi.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_7');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_7');\" ><sup id=\"footnote_plugin_tooltip_10157_1_7\" class=\"footnote_plugin_tooltip_text\">7<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_7\" class=\"footnote_tooltip\"> Shoulberg, Warren. Dollar Stores, Big Lots, Off-Pricers Will Open Thousands Of Stores In 2022. Forbes. January 16, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_7').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_7', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_8');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_8');\" ><sup id=\"footnote_plugin_tooltip_10157_1_8\" class=\"footnote_plugin_tooltip_text\">8<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_8\" class=\"footnote_tooltip\"> Shoulberg, Warren. Dollar Stores, Big Lots, Off-Pricers Will Open Thousands Of Stores In 2022. Forbes. January 16, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_8').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_8', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><br><br>Demographics matter, as rural Americans are more likely to shop in stores due to lower levels of technology ownership and broadband adoption than urban and suburban consumers, widening the digital divide.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_9');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_9');\" ><sup id=\"footnote_plugin_tooltip_10157_1_9\" class=\"footnote_plugin_tooltip_text\">9<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_9\" class=\"footnote_tooltip\"> Vogels, Emily A. Some digital divides persist between rural, urban and suburban America. Pew Center Research. August 19, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_9').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_9', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script> While 87% of Boomers prefer to shop in physical stores, consumers aged 65 and up are the fastest-growing group of online shoppers, spending 49% more year-over-year online in 2020.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_10');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_10');\" ><sup id=\"footnote_plugin_tooltip_10157_1_10\" class=\"footnote_plugin_tooltip_text\">10<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_10\" class=\"footnote_tooltip\"> The Pandemic Has Driven Boomers to Increase Their Digital Shopping. eMarketer. August 5, 2020. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_10').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_10', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_11');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_11');\" ><sup id=\"footnote_plugin_tooltip_10157_1_11\" class=\"footnote_plugin_tooltip_text\">11<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_11\" class=\"footnote_tooltip\"> Dailey, Natasha. Baby boomers flocked to online shopping like never before during the pandemic, new data shows. Business Insider. January 22, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_11').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_11', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Shifting habits eroded store counts<\/strong><\/h2>\n\n\n\n<p>Underperforming retailers and tech laggards have been at risk for years, as this timeline of U.S. store closures shows.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_12');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_12');\" ><sup id=\"footnote_plugin_tooltip_10157_1_12\" class=\"footnote_plugin_tooltip_text\">12<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_12\" class=\"footnote_tooltip\"> Miranda, Letitia. More than 9,300 stores closed this year, up 63 percent from 2018. Fortune. December 31, 2019. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_12').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_12', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup> <span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_13');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_13');\" ><sup id=\"footnote_plugin_tooltip_10157_1_13\" class=\"footnote_plugin_tooltip_text\">13<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_13\" class=\"footnote_tooltip\"> Wahba, Phil. A record 12,200 U.S. stores closed in 2020 as the e-commerce, pandemic changed retail forever. Fortune. January 7, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_13').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_13', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/oUY0Jbm1JuwIaKl9uLc6nn124Nc8D1h77b9ChvCfcJgghMGYbR5AW5ojUxSyShBojDpsf3cmuq37-PnbrkKRpFqZG3_Wo9z17vBOtYkoBTVBRjwVYy-GvBMMT5XAbMCwwJ5Lqux2\" alt=\"U.S. Store Closures\"\/><\/figure>\n\n\n\n<p>In recent years, the comparative convenience of e-commerce made stores seem quaint. In 2020, e-commerce accounted for 19.6% of total U.S. retail sales, nearly double the 2015 figure of 10.7%.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_14');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_14');\" ><sup id=\"footnote_plugin_tooltip_10157_1_14\" class=\"footnote_plugin_tooltip_text\">14<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_14\" class=\"footnote_tooltip\"> Young, Jessica. A decade in review: Ecommerce sales vs. total retail sales 2011-2020. Digital Commerce 360. February 19, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_14').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_14', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script> The mall is now digital, and consumers discover new products and brands on retailers\u2019 websites, online marketplaces (Amazon, Etsy, and Shopify), and social media (Instagram, Facebook, and TikTok).<br><br>Innovations keep shaking up CPG. <a href=\"https:\/\/www.rangeme.com\/gorillas\" target=\"_blank\" rel=\"noreferrer noopener\">Gorillas<\/a>, <a href=\"https:\/\/www.rangeme.com\/gopuff\" target=\"_blank\" rel=\"noreferrer noopener\">Gopuff<\/a>, and JOKR deliver products in as few as 10 minutes, making it more enticing to skip the store.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_15');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_15');\" ><sup id=\"footnote_plugin_tooltip_10157_1_15\" class=\"footnote_plugin_tooltip_text\">15<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_15\" class=\"footnote_tooltip\"> Repko, Melissa. Ultrafast grocery delivery has exploded in New York City. Your town could be next. CNBC. October 21, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_15').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_15', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script> Retailers like <a href=\"https:\/\/www.rangeme.com\/sephora\" target=\"_blank\" rel=\"noreferrer noopener\">Sephora<\/a> and <a href=\"https:\/\/www.rangeme.com\/ulta\" target=\"_blank\" rel=\"noreferrer noopener\">Ulta<\/a> give online shoppers greater certainty about what they\u2019re buying with personalized <a href=\"https:\/\/www.rangeme.com\/blog\/ar-boosts-retail-trust-and-sales\/\" target=\"_blank\" rel=\"noreferrer noopener\">virtual try-ons<\/a>, as does Amazon Fashion with its Made For You service for customized clothing.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_16');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_16');\" ><sup id=\"footnote_plugin_tooltip_10157_1_16\" class=\"footnote_plugin_tooltip_text\">16<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_16\" class=\"footnote_tooltip\"> Perez, Sarah. Pintrest launches an AR-powered try-on experience for eyeshadow. TechCrunch. January 22, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_16').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_16', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_17');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_17');\" ><sup id=\"footnote_plugin_tooltip_10157_1_17\" class=\"footnote_plugin_tooltip_text\">17<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_17\" class=\"footnote_tooltip\"> Perez, Sarah. Amazon Fashion launches a custom clothing service, Made For You. TechCrunch. December 15, 2020. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_17').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_17', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><br><br>In response, 67% of Millennials and 56% of Gen Xers prefer to shop online.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_18');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_18');\" ><sup id=\"footnote_plugin_tooltip_10157_1_18\" class=\"footnote_plugin_tooltip_text\">18<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_18\" class=\"footnote_tooltip\"> Osman, Maddy. Ecommerce Statistics for 2022 \u2013 Chatbots, Voice, Omni-Channel Marketing. Kinsta. June 10, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_18').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_18', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script> Even after vaccinations, Baby Boomers are the least likely to go in-store more often than other generations at 54%, compared to Gen X (39%), Millennials (44%) and Gen Z (40%).<br><br>As consumption shifts, retailers like Bed Bath &amp; Beyond, <a href=\"https:\/\/www.rangeme.com\/cvs\" target=\"_blank\" rel=\"noreferrer noopener\">CVS Health<\/a>, and <a href=\"https:\/\/www.rangeme.com\/macys\" target=\"_blank\" rel=\"noreferrer noopener\">Macy\u2019s<\/a> will close some stores this year as they adjust their strategies.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_19');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_19');\" ><sup id=\"footnote_plugin_tooltip_10157_1_19\" class=\"footnote_plugin_tooltip_text\">19<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_19\" class=\"footnote_tooltip\"> Shoulberg, Warren. Dollar Stores, Big Lots, Off-Pricers Will Open Thousands Of Stores In 2022. Forbes. January 16, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_19').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_19', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_20');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_20');\" ><sup id=\"footnote_plugin_tooltip_10157_1_20\" class=\"footnote_plugin_tooltip_text\">20<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_20\" class=\"footnote_tooltip\"> Khandekar, Amruta. CVS to close 900 drugstores in three years to beef up health services. Reuters. November 18, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_20').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_20', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Global retail\u2019s future is omnichannel<\/strong><\/h2>\n\n\n\n<p>Since increasingly tech-savvy consumers still love stores, retailers are racing to implement robust omnichannel strategies. Omnichannel shoppers spend more: 4% more every time they visit a store and 10% more online, on average, compared to single-channel shoppers.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_21');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_21');\" ><sup id=\"footnote_plugin_tooltip_10157_1_21\" class=\"footnote_plugin_tooltip_text\">21<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_21\" class=\"footnote_tooltip\"> Sopadjieva, Emma, Utpal M. Dholakia and Beth Benjamin. A Study of 46,000 Shoppers Shows That Omnichannel Retailing Works. Harvard Business Review. January 3, 2017. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_21').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_21', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/p>\n\n\n\n<p>Stores keep evolving to support e-commerce with BOPIS and curbside pickup. Also, <a href=\"https:\/\/www.rangeme.com\/blog\/tech-within-grocery-is-satisfying-our-appetite-for-convenience\/\" target=\"_blank\" rel=\"noreferrer noopener\">in-store tech<\/a> boosts convenience such as:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Amazon<\/strong>\u2019s Just Walk Out technology serves <strong>Amazon Go<\/strong>, <strong>Amazon Fresh<\/strong>, <a href=\"https:\/\/www.rangeme.com\/wholefoods\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Whole Foods<\/strong><\/a>, and <a href=\"https:\/\/www.rangeme.com\/starbucks\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Starbucks<\/strong><\/a>, plus <strong>Sainsbury\u2019s<\/strong> stores in the U.K.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_22');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_22');\" ><sup id=\"footnote_plugin_tooltip_10157_1_22\" class=\"footnote_plugin_tooltip_text\">22<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_22\" class=\"footnote_tooltip\"> Redman, Russell. It\u2019s a \u2018Go\u2019 for Amazon\u2019s Just Walk Out at Whole Foods. Supermarket News. September 8, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_22').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_22', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_23');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_23');\" ><sup id=\"footnote_plugin_tooltip_10157_1_23\" class=\"footnote_plugin_tooltip_text\">23<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_23\" class=\"footnote_tooltip\"> Moon, Mariella. Starbucks is using Amazon\u2019s Just Walk Out tech in a New York concept store. TechCrunch. November 18, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_23').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_23', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_24');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_24');\" ><sup id=\"footnote_plugin_tooltip_10157_1_24\" class=\"footnote_plugin_tooltip_text\">24<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_24\" class=\"footnote_tooltip\"> Redman, Russell. Sainsbury\u2019s c-store adopts Amazon cashierless tech. Supermarket News. November 29, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_24').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_24', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/li><li><a href=\"https:\/\/www.rangeme.com\/tesco\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Tesco<\/strong><\/a>, <strong>Aldi<\/strong>, and <strong>Carrefour<\/strong> announced checkout-free stores in London, Paris, and Dubai<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_25');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_25');\" ><sup id=\"footnote_plugin_tooltip_10157_1_25\" class=\"footnote_plugin_tooltip_text\">25<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_25\" class=\"footnote_tooltip\"> Gray, Sarra. Tesco launches new store concept to change how customers shop &#8211; including no checkouts. Express. June 19, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_25').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_25', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_26');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_26');\" ><sup id=\"footnote_plugin_tooltip_10157_1_26\" class=\"footnote_plugin_tooltip_text\">26<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_26\" class=\"footnote_tooltip\"> Aldi opens its first till-free supermarket.BBC News. January 18, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_26').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_26', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_27');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_27');\" ><sup id=\"footnote_plugin_tooltip_10157_1_27\" class=\"footnote_plugin_tooltip_text\">27<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_27\" class=\"footnote_tooltip\"> Carrefour opens \u2018next-generation\u2019 concept store in Paris. Retail Insight Network. November 26, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_27').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_27', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_28');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_28');\" ><sup id=\"footnote_plugin_tooltip_10157_1_28\" class=\"footnote_plugin_tooltip_text\">28<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_28\" class=\"footnote_tooltip\"> Majid Al Futtaim opens first checkout-free store in UAE. Retail Insight Network. September 8, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_28').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_28', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/li><li><strong>\u017babka Group<\/strong>, a Polish convenience giant, opened checkout-free stores in Europe.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_29');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_29');\" ><sup id=\"footnote_plugin_tooltip_10157_1_29\" class=\"footnote_plugin_tooltip_text\">29<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_29\" class=\"footnote_tooltip\"> Rozario, Kevin. Poland\u2019s Biggest Convenience Chain Overtakes Amazon In European Race For Autonomous Stores. Forbes. January 18, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_29').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_29', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/li><\/ul>\n\n\n\n<p>Meanwhile, e-commerce players are getting physical:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Amazon<\/strong> plans to open <strong>Amazon Style<\/strong> clothing stores, department stores and <strong>Amazon Fresh<\/strong>, plus <strong>Amazon 4-Star<\/strong>, <strong>Amazon Salon<\/strong>, and <strong>Amazon Fresh<\/strong> in the U.K.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_30');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_30');\" ><sup id=\"footnote_plugin_tooltip_10157_1_30\" class=\"footnote_plugin_tooltip_text\">30<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_30\" class=\"footnote_tooltip\"> Meyersohn, Nathaniel. Amazon is opening a clothing store next to Nordstrom and JC Penney. CNN Business. January 20, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_30').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_30', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_31');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_31');\" ><sup id=\"footnote_plugin_tooltip_10157_1_31\" class=\"footnote_plugin_tooltip_text\">31<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_31\" class=\"footnote_tooltip\"> Lucas, Amelia. Amazon is reportedly planning to open department stores, its latest experiment in physical retail. CNBC. August 19, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_31').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_31', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_32');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_32');\" ><sup id=\"footnote_plugin_tooltip_10157_1_32\" class=\"footnote_plugin_tooltip_text\">32<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_32\" class=\"footnote_tooltip\"> Redman, Russell. Report: Amazon has 28 more Amazon Fresh stores in the works. Supermarket News. March 11, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_32').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_32', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_33');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_33');\" ><sup id=\"footnote_plugin_tooltip_10157_1_33\" class=\"footnote_plugin_tooltip_text\">33<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_33\" class=\"footnote_tooltip\"> Partridge, Joanna. Amazon opens first UK bricks-and-mortar non-food store. The Guardian. October 6, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_33').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_33', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_34');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_34');\" ><sup id=\"footnote_plugin_tooltip_10157_1_34\" class=\"footnote_plugin_tooltip_text\">34<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_34\" class=\"footnote_tooltip\"> Vincent, James. Amazon is opening a hair salon in London to trial new technology. The Verge. April 20, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_34').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_34', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_35');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_35');\" ><sup id=\"footnote_plugin_tooltip_10157_1_35\" class=\"footnote_plugin_tooltip_text\">35<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_35\" class=\"footnote_tooltip\"> Bourke, Joanna. Amazon continues roll-out of grocery store concept in London with three new sites. Evening Standard. December 15, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_35').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_35', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/li><li><strong>Warby Parker<\/strong> and <strong>Allbirds<\/strong> expanded their physical presence during the pandemic.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_36');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_36');\" ><sup id=\"footnote_plugin_tooltip_10157_1_36\" class=\"footnote_plugin_tooltip_text\">36<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_36\" class=\"footnote_tooltip\"> Holman, Jordyn. Warby Parker Glasses Bought in Stores is How the Brand Intends to Grow \u2026 Bloomberg. July 9, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_36').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_36', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><sup>,<\/sup><span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_37');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_37');\" ><sup id=\"footnote_plugin_tooltip_10157_1_37\" class=\"footnote_plugin_tooltip_text\">37<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_37\" class=\"footnote_tooltip\"> Anderson, George. Will High-Flying Allbirds Be Weighed Down By Physical Stores? Forbes. February 9, 2021. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_37').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_37', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/li><li>Online razor brand <strong>Billie<\/strong> will sell its products through Walmart stores.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_38');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_38');\" ><sup id=\"footnote_plugin_tooltip_10157_1_38\" class=\"footnote_plugin_tooltip_text\">38<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_38\" class=\"footnote_tooltip\"> Monteros, Maria. Billie to enter physical stores for the first time via Walmart. Retail Dive. January 11, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_38').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_38', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/li><li><strong>Shopify<\/strong> also hints at brick-and-mortar ambitions, filing a patent for sensors that measure in-store traffic.<span class=\"footnote_referrer\"><a role=\"button\" tabindex=\"0\" onclick=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_39');\" onkeypress=\"footnote_moveToReference_10157_1('footnote_plugin_reference_10157_1_39');\" ><sup id=\"footnote_plugin_tooltip_10157_1_39\" class=\"footnote_plugin_tooltip_text\">39<\/sup><\/a><span id=\"footnote_plugin_tooltip_text_10157_1_39\" class=\"footnote_tooltip\"> Iddenden, George. How Shopify is moving closer to bricks-and-mortar retail. Charged. January 5, 2022. <\/span><\/span><script type=\"text\/javascript\"> jQuery('#footnote_plugin_tooltip_10157_1_39').tooltip({ tip: '#footnote_plugin_tooltip_text_10157_1_39', tipClass: 'footnote_tooltip', effect: 'fade', predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: 'top right', relative: true, offset: [10, 10], });<\/script><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Stores are staying \u2013 if they\u2019re agile<\/strong><\/h2>\n\n\n\n<p>Monitoring consumers\u2019 omnichannel habits and competitors\u2019 moves can guide retail companies\u2019 physical and digital efforts in 2022. Maximizing omnichannel options keeps companies visible wherever shoppers spend their time, plus offering an agile and unified experience promotes a seamless service to grow sales and market share.<\/p>\n\n\n\n<p>Whether you want your brand on store shelves or online, RangeMe provides a way for more than 15,000 buyers to seamlessly discover products from over 200,000 active suppliers. Log in to your profile or join RangeMe <a href=\"https:\/\/www.rangeme.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n<div class=\"speaker-mute footnotes_reference_container\"> <div class=\"footnote_container_prepare\"><p><span role=\"button\" tabindex=\"0\" class=\"footnote_reference_container_label pointer\" onclick=\"footnote_expand_collapse_reference_container_10157_1();\">&#x202F;<\/span><span role=\"button\" tabindex=\"0\" class=\"footnote_reference_container_collapse_button\" style=\"\" onclick=\"footnote_expand_collapse_reference_container_10157_1();\">[<a id=\"footnote_reference_container_collapse_button_10157_1\">+<\/a>]<\/span><\/p><\/div> <div id=\"footnote_references_container_10157_1\" style=\"display: none;\"><table class=\"footnotes_table footnote-reference-container\"><caption class=\"accessibility\">References<\/caption> <tbody> \r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi\" ><a id=\"footnote_plugin_reference_10157_1_1\" class=\"footnote_backlink\" onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_1');\"><span class=\"footnote_index_arrow\">&#8593;<\/span>1,<\/a> <a id=\"footnote_plugin_reference_10157_1_14\" class=\"footnote_backlink\" onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_14');\"><span class=\"footnote_index_arrow\">&#8593;<\/span>14<\/a><\/th> <td class=\"footnote_plugin_text\"> Young, Jessica. A decade in review: Ecommerce sales vs. total retail sales 2011-2020. Digital Commerce 360. February 19, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_2');\"><a id=\"footnote_plugin_reference_10157_1_2\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>2<\/a><\/th> <td class=\"footnote_plugin_text\"> Repko, Melissa. Walmart drew one in four dollars spent on click and collect \u2014 with room to grow in 2022. CNBC. December 30, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_3');\"><a id=\"footnote_plugin_reference_10157_1_3\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>3<\/a><\/th> <td class=\"footnote_plugin_text\"> Wilson, Marianne. Target commits $4B on store openings, remodels. Drug Store News. March 3, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_4');\"><a id=\"footnote_plugin_reference_10157_1_4\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>4<\/a><\/th> <td class=\"footnote_plugin_text\"> Dowd, Jessie. Lululemon to Open up to 50 Stores in 2021, Expand MIRROR In-Store Shops. Retail Touchpoints. April 5, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_5');\"><a id=\"footnote_plugin_reference_10157_1_5\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>5<\/a><\/th> <td class=\"footnote_plugin_text\"> Garcia, Tonya. Dollar General reports profit decline, plans for more than 1,100 new stores in 2022. MarketWatch. December 2, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi\" ><a id=\"footnote_plugin_reference_10157_1_6\" class=\"footnote_backlink\" onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_6');\"><span class=\"footnote_index_arrow\">&#8593;<\/span>6,<\/a> <a id=\"footnote_plugin_reference_10157_1_7\" class=\"footnote_backlink\" onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_7');\"><span class=\"footnote_index_arrow\">&#8593;<\/span>7,<\/a> <a id=\"footnote_plugin_reference_10157_1_8\" class=\"footnote_backlink\" onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_8');\"><span class=\"footnote_index_arrow\">&#8593;<\/span>8,<\/a> <a id=\"footnote_plugin_reference_10157_1_19\" class=\"footnote_backlink\" onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_19');\"><span class=\"footnote_index_arrow\">&#8593;<\/span>19<\/a><\/th> <td class=\"footnote_plugin_text\"> Shoulberg, Warren. Dollar Stores, Big Lots, Off-Pricers Will Open Thousands Of Stores In 2022. Forbes. January 16, 2022. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_9');\"><a id=\"footnote_plugin_reference_10157_1_9\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>9<\/a><\/th> <td class=\"footnote_plugin_text\"> Vogels, Emily A. Some digital divides persist between rural, urban and suburban America. Pew Center Research. August 19, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_10');\"><a id=\"footnote_plugin_reference_10157_1_10\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>10<\/a><\/th> <td class=\"footnote_plugin_text\"> The Pandemic Has Driven Boomers to Increase Their Digital Shopping. eMarketer. August 5, 2020. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_11');\"><a id=\"footnote_plugin_reference_10157_1_11\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>11<\/a><\/th> <td class=\"footnote_plugin_text\"> Dailey, Natasha. Baby boomers flocked to online shopping like never before during the pandemic, new data shows. Business Insider. January 22, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_12');\"><a id=\"footnote_plugin_reference_10157_1_12\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>12<\/a><\/th> <td class=\"footnote_plugin_text\"> Miranda, Letitia. More than 9,300 stores closed this year, up 63 percent from 2018. Fortune. December 31, 2019. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_13');\"><a id=\"footnote_plugin_reference_10157_1_13\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>13<\/a><\/th> <td class=\"footnote_plugin_text\"> Wahba, Phil. A record 12,200 U.S. stores closed in 2020 as the e-commerce, pandemic changed retail forever. Fortune. January 7, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_15');\"><a id=\"footnote_plugin_reference_10157_1_15\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>15<\/a><\/th> <td class=\"footnote_plugin_text\"> Repko, Melissa. Ultrafast grocery delivery has exploded in New York City. Your town could be next. CNBC. October 21, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_16');\"><a id=\"footnote_plugin_reference_10157_1_16\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>16<\/a><\/th> <td class=\"footnote_plugin_text\"> Perez, Sarah. Pintrest launches an AR-powered try-on experience for eyeshadow. TechCrunch. January 22, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_17');\"><a id=\"footnote_plugin_reference_10157_1_17\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>17<\/a><\/th> <td class=\"footnote_plugin_text\"> Perez, Sarah. Amazon Fashion launches a custom clothing service, Made For You. TechCrunch. December 15, 2020. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_18');\"><a id=\"footnote_plugin_reference_10157_1_18\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>18<\/a><\/th> <td class=\"footnote_plugin_text\"> Osman, Maddy. Ecommerce Statistics for 2022 \u2013 Chatbots, Voice, Omni-Channel Marketing. Kinsta. June 10, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_20');\"><a id=\"footnote_plugin_reference_10157_1_20\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>20<\/a><\/th> <td class=\"footnote_plugin_text\"> Khandekar, Amruta. CVS to close 900 drugstores in three years to beef up health services. Reuters. November 18, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_21');\"><a id=\"footnote_plugin_reference_10157_1_21\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>21<\/a><\/th> <td class=\"footnote_plugin_text\"> Sopadjieva, Emma, Utpal M. Dholakia and Beth Benjamin. A Study of 46,000 Shoppers Shows That Omnichannel Retailing Works. Harvard Business Review. January 3, 2017. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_22');\"><a id=\"footnote_plugin_reference_10157_1_22\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>22<\/a><\/th> <td class=\"footnote_plugin_text\"> Redman, Russell. It\u2019s a \u2018Go\u2019 for Amazon\u2019s Just Walk Out at Whole Foods. Supermarket News. 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Supermarket News. November 29, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_25');\"><a id=\"footnote_plugin_reference_10157_1_25\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>25<\/a><\/th> <td class=\"footnote_plugin_text\"> Gray, Sarra. Tesco launches new store concept to change how customers shop &#8211; including no checkouts. Express. June 19, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_26');\"><a id=\"footnote_plugin_reference_10157_1_26\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>26<\/a><\/th> <td class=\"footnote_plugin_text\"> Aldi opens its first till-free supermarket.BBC News. January 18, 2022. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_27');\"><a id=\"footnote_plugin_reference_10157_1_27\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>27<\/a><\/th> <td class=\"footnote_plugin_text\"> Carrefour opens \u2018next-generation\u2019 concept store in Paris. Retail Insight Network. November 26, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_28');\"><a id=\"footnote_plugin_reference_10157_1_28\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>28<\/a><\/th> <td class=\"footnote_plugin_text\"> Majid Al Futtaim opens first checkout-free store in UAE. Retail Insight Network. September 8, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_29');\"><a id=\"footnote_plugin_reference_10157_1_29\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>29<\/a><\/th> <td class=\"footnote_plugin_text\"> Rozario, Kevin. Poland\u2019s Biggest Convenience Chain Overtakes Amazon In European Race For Autonomous Stores. Forbes. January 18, 2022. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_30');\"><a id=\"footnote_plugin_reference_10157_1_30\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>30<\/a><\/th> <td class=\"footnote_plugin_text\"> Meyersohn, Nathaniel. Amazon is opening a clothing store next to Nordstrom and JC Penney. CNN Business. January 20, 2022. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_31');\"><a id=\"footnote_plugin_reference_10157_1_31\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>31<\/a><\/th> <td class=\"footnote_plugin_text\"> Lucas, Amelia. Amazon is reportedly planning to open department stores, its latest experiment in physical retail. CNBC. August 19, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_32');\"><a id=\"footnote_plugin_reference_10157_1_32\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>32<\/a><\/th> <td class=\"footnote_plugin_text\"> Redman, Russell. Report: Amazon has 28 more Amazon Fresh stores in the works. Supermarket News. March 11, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_33');\"><a id=\"footnote_plugin_reference_10157_1_33\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>33<\/a><\/th> <td class=\"footnote_plugin_text\"> Partridge, Joanna. Amazon opens first UK bricks-and-mortar non-food store. The Guardian. October 6, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_34');\"><a id=\"footnote_plugin_reference_10157_1_34\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>34<\/a><\/th> <td class=\"footnote_plugin_text\"> Vincent, James. Amazon is opening a hair salon in London to trial new technology. The Verge. April 20, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_35');\"><a id=\"footnote_plugin_reference_10157_1_35\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>35<\/a><\/th> <td class=\"footnote_plugin_text\"> Bourke, Joanna. Amazon continues roll-out of grocery store concept in London with three new sites. Evening Standard. December 15, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_36');\"><a id=\"footnote_plugin_reference_10157_1_36\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>36<\/a><\/th> <td class=\"footnote_plugin_text\"> Holman, Jordyn. Warby Parker Glasses Bought in Stores is How the Brand Intends to Grow \u2026 Bloomberg. July 9, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_37');\"><a id=\"footnote_plugin_reference_10157_1_37\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>37<\/a><\/th> <td class=\"footnote_plugin_text\"> Anderson, George. Will High-Flying Allbirds Be Weighed Down By Physical Stores? Forbes. February 9, 2021. <\/td><\/tr>\r\n\r\n<tr class=\"footnotes_plugin_reference_row\"> <th scope=\"row\" class=\"footnote_plugin_index_combi pointer\"  onclick=\"footnote_moveToAnchor_10157_1('footnote_plugin_tooltip_10157_1_38');\"><a id=\"footnote_plugin_reference_10157_1_38\" class=\"footnote_backlink\"><span class=\"footnote_index_arrow\">&#8593;<\/span>38<\/a><\/th> <td class=\"footnote_plugin_text\"> Monteros, Maria. Billie to enter physical stores for the first time via Walmart. Retail Dive. 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