Store Tracker 9 minutes PremiumUS Store Closures: More Retailers Shift to E-Commerce at the Expense of Stores Coresight Research September 9, 2020 What's InsideThe coronavirus pandemic has resulted in the shift of significant additional sales to the online channel this year, and retailers have had to pivot and accelerate their adoption of e-commerce. In this report, we discuss how retailers are rethinking their brick-and-mortar store presence over the longer term, covering the following key topics: The refocus by retailers and brand owners to e-commerce—with examples of this shift from Best Buy, Bed Bath & Beyond, Estée Lauder and Microsoft The changing role of the physical store as part of omnichannel fulfillment—including the adoption of BOPIS and curbside pickup as well as conversion to dark stores Implications for retailers and real estate firms of the shift to e-commerce at the expense of stores Another result of the “mask economy” due to Covid-19 is that US retailers are refocusing on product over experiences—a reversal of the previous trend toward experiential retail. Click here to read our separate report on this topic. Click here to read our US Store Closures 2020 Outlook. Click here to read Coresight Research’s ongoing coverage of the coronavirus pandemic, and visit our Coronavirus Tracker for more information on temporary store closures and key developments. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Earnings Insights 2Q24, Week 6: Mixed Results from Bath & Body Works, Best Buy and BurlingtonKroger and Albertsons To Divest 413 Stores to C&S Wholesale Grocers in a $1.9 Billion DealWeekly US and UK Store Openings and Closures Tracker 2024, Week 21: Superdrug Announces UK Store ExpansionEarnings Insights 1Q24, Week 5: Ralph Lauren, Ross Stores and TJX See Sales Growth; Lowe’s and Target See Sales Decline