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Feb. 28, 2026
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Retail

10pc increase in online penetration could cause 5pc drop in store profitability: McKinsey

May 5, 2020

If online penetration increases by ten percentage points, many stores could become unprofitable. Image credit: McKinsey If online penetration increases by ten percentage points, many stores could become unprofitable. Image credit: McKinsey

 

By Dianna Dilworth

When retail returns after the COVID-19 pandemic shutdowns, retailers should be prepared to completely transform the way they imagine a store.

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  1. Wolford seats new CEO, chairman
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  3. Lamborghini onboards next chief people, culture officer
  4. Annual revenues rise 15pc at The RealReal
  5. Lions, tigers, bears and 'Wirkins,' oh my!: The legality of Walmart's Hermès Birkin dupe
  6. Christian Louboutin delivers striking summer 2026 campaign
  7. Building brands with charisma
  8. Latest hospitality environmental efforts target toiletries
  9. Jumeirah scripts hospitality story in ‘Our Flame’
  10. Bloomingdale's gamifies in-store shopping through Snapchat filters
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