retail news in context, analysis with attitude

MarketWatch reports that "UBS analysts forecast 80,000 store closures over the next five years, as the COVID-19 acceleration in e-commerce forces retailers to shrink their fleet of bricks-and-mortar locations.

"That will bring the total number of stores in the U.S. to 797,000, down from 878,000.

"UBS also forecasts that e-commerce penetration will reach 27% by 2026, up from 18% in 2020."

And, "UBS says e-commerce fulfillment from stores will rise to 20% in 2026 from 10% in 2020."

The projections identify certain retailers seen as better equipped to adapt to new retail realities:  Walmart, Costco, TJX, Home Depot, and Lowe’s.

KC's View:

The question is, how many of these closures will be classified as homicides, how many will be death by natural causes, and how many will be suicides.

I don't know the answer to this question.  But I do know this - there will be more suicides than there will be retailers willing to admit it.