Luxury Daily
The authority in luxury news.
April 27, 2024
  1. Saks launches retail media network
  2. La Mer appoints first male brand ambassador
  3. WatchBox looks for growth in editorial integration
  4. 42pc of American luxury shoppers buying high-end items as 'rewards': YouGov
  5. Dolce & Gabbana exhibition coming to Milan's Palazzo Reale
  6. Tod’s unveils ‘Art of Craftsmanship’ exhibition at Venice Biennale
  7. Kohler fusing design, tech-backed wellness at Salone del Mobile
  8. Six Senses wins top 2024 Positive Luxury Award
  9. The Douyin KOL helping luxury tap China’s lower-tier cities
  10. Dior creates ceremonial window displays from scratch, with scraps, for upcycled exhibition
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

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.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Saks launches retail media network
  2. La Mer appoints first male brand ambassador
  3. WatchBox looks for growth in editorial integration
  4. 42pc of American luxury shoppers buying high-end items as 'rewards': YouGov
  5. Dolce & Gabbana exhibition coming to Milan's Palazzo Reale
  6. Tod’s unveils ‘Art of Craftsmanship’ exhibition at Venice Biennale
  7. Kohler fusing design, tech-backed wellness at Salone del Mobile
  8. Six Senses wins top 2024 Positive Luxury Award
  9. The Douyin KOL helping luxury tap China’s lower-tier cities
  10. Dior creates ceremonial window displays from scratch, with scraps, for upcycled exhibition
VIDEOS
More Videos

MORE IN Retail
Saks launches retail media network
Prada Group sees first quarter sales rise 16pc
Kering rocked by 11pc sales dip in Q1
The RealReal ends Earth Month with in-store donation program
Annual report from Vestiaire Collective makes business case for circularity
Alexander McQueen exec lands CEO role at Harvey Nichols



RECENT ARTICLES
Triton Submarines delivers next-gen vessel for underwater voyages
Saks launches retail media network
Six Senses wins top 2024 Positive Luxury Award

42pc of American luxury shoppers buying high-end items as ‘rewards’: YouGov
Mercedes-Benz adds celebrity touch to G-Class rollout
La Mer appoints first male brand ambassador