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E-business to replace? the retail business in a decade

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Page 1: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

E-business to replace?the retail business in a

decade

Page 2: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

hello!

We are team EY

- Aysha Masood- Muhammad Waqas Umer- Muhamamd Arsal Khan

Page 3: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

Retail business is

“here to stay”

Page 4: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

““Change doesn’t change

tradition. It strengthens it.

Change is a challenge and

an opportunity not a threat.”

Prince Philip of England

Page 5: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

of all retail salesare made through e-commerce

source: Ayden

Page 6: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

What traditional stores have to offer?

✘Socialising activity

✘Preferred by Generation Y (Millennials) & Z

✘Personlisation

✘Walking away with purchase in hand

✘Physical feel and touch

Page 7: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

News from around the world

Amazon

Amazon heads deeper into bricks and mortar with books – USA Today

Page 8: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

News from around the world

Alibaba

Alibaba Has Ambitious, Amazon-Like Offline Plans – fortune.com

Page 9: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

News from around the world

JD.Com

China's largest retailer JD.Com ties up with China Overseas Land to open

"Hundreds" Of Stores – Hong Kong Newsroom

Page 10: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

News from around the world

Alibaba

Alibaba investing $3B in bricks-and-mortar grocer. – Retail drive

Page 11: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

News from around the world

Everlane

Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go

Bricks-And-Mortar - Forbes

Page 12: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

News from around the world

Future Group

Future Group plans to go with bricks and mortar model. Aims to open

10,000 Easyday department stores by 2022 – CNBC India

Page 13: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

Retail Sales

Digitally

Influenced

Offline Sales

Online Sales Offline Sales

Page 14: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

1590 1551 1524 1512 1506 1513

1256 1374 1481 1580 1677 1766

263 294 325 355 385 414

0

500

1000

1500

2000

2500

3000

3500

4000

2013 2014 2015 2016 2017 2018

US

reta

il sale

s (

$ b

illio

ns)

Year

Digitally-influenced brick & mortar salesdwarf e-commerce

Source: Forrester

Page 15: E-business to replace the retail business in a decade? · Everlane Everlane To Open 2 Flagship Locations As More E-Commerce Retailers Go Bricks-And-Mortar- Forbes. News from around

thanks!

Any questions?