Tuesday, November 10, 2020

Retail Pivots Hard Toward Digital to Manage COVID-19 Impact

Every industry worldwide has been hit hard by the global COVID-19 pandemic. In particular, the consumer retail industry, a highly visible economic indicator, stands out. With personal in-store experiences shut down, high-end retailers not prepared for eCommerce and digital being “second of mind,” consumer retail businesses now realize that digital Infrastructure is a necessity, not an option. Retail sales may be down, but eCommerce is Soaring When a major brand-named retailer files for bankruptcy or closes stores, it is big news. According to Forbes, store closures around the world from COVID-19 were at 14,324 by mid-October 2020. And those that filed…

The post Retail Pivots Hard Toward Digital to Manage COVID-19 Impact appeared first on Interconnections - The Equinix Blog.



source https://blog.equinix.com/blog/2020/11/10/retail-pivots-hard-toward-digital-to-manage-covid-19-impact/

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