The future retail landscape: repurposing the high street
Published on As Gap and Arcadia close physical stores, leading privately-owned IT and business consultancy, BJSS, considers the future of the retail landscape and the retail space may be reimagined For years, retail growth was heavily driven by store network expansion. Opening new stores was an easy way to grow sales, especially when using a franchise model. Data analysis could prove when to stop before cannibalising your own stores’ revenues. Yet physical retail has been increasingly eroded through reduced high-street footfall due to e-commerce and the pandemic. This means the appeal o...
Source: retailtimes.co.uk