Shop and Drop

"Do you have a bra to match that...something in leather, rubber, or barbed wire?"
--Lisa (Weird Science)

Interesting data on the evolving face of retail. Over the past 20 years, e-commerce has grown from less than 1% to over 10% of total retail sales (actually less than I would have thought).

Rise of e-commerce and fall of bricks-and-mortar retailers@StatistaCharts pic.twitter.com/qp4CR9Y3SV

— Liz Ann Sonders (@LizAnnSonders) January 16, 2020

Assuming the second panel reflects brick and mortar retail only, store closures have been outpacing openings--and the gap widened from 2018 to 2019.