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Ecommerce vs. brick-and-mortar: Unlocking retail success in 2022

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In the wake of several factors not limited to COVID-19, including the rise of ecommerce, research from UBS predicts that around 80,000 retail stores may shut down permanently by 2026. Online spending accounted for nearly 20 percent of all retail sales in 2020, amidst a total of $791.70 And ecommerce has thrived in the pandemic.

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