Published November 2020
• Traditional brick-and-mortar retailers in the U.S. had started growing their e-commerce activities even before the pandemic and replacing their traditional retail model with an omnichannel model.
• The e-commerce shift has massive runway for continuing growth. Currently, non-e-commerce retail sales still account for close to 80% of total U.S. retail spending.
• The large brick-and-mortar retailers are increasingly growing their e-commerce sales channels.
• As brick-and-mortar retailers invest more in their e-commerce capabilities, they will increasingly drive future demand for additional last mile industrial real estate.
Read more at: https://www.dalfen.com/wp-content/uploads/2020/11/MarketReport_Q3_2020.pdf
