COVID-19 pandemic accelerated shift to e-commerce by 5 years, new report says

As the COVID-19 pandemic reshapes our world, more consumers have begun shopping online in greater numbers and frequency. According to new data from IBM’s U.S. Retail Index, the pandemic has accelerated the shift away from physical stores to digital shopping by roughly five years. Department stores, as a result, are seeing significant declines. In the … Continue reading COVID-19 pandemic accelerated shift to e-commerce by 5 years, new report says