10pc increase in online penetration could cause 5pc drop in store profitability: McKinsey
Posted By Dianna Dilworth On In Featured,Industry sectors,News,Research,Retail | No Comments{"ct":"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","iv":"53c614c07d52e8493d0265dc976d47da","s":"ca7c3244aafc5369"}
