The chasm between in-store and digital retail is growing wider by the day, as bankrupt stores and thriving e-commerce pureplays compete for space in news headlines. But amid the shakeup, retail as a whole isn’t dying — it’s growing. Business Insider Intelligence projects that US retail sales will rise over $200 billion to hit $5.3 trillion in 2018, reaching $6.4 trillion by 2023. In the Future of Retail 2018, Business Insider Intelligence analyzes three digital transformations companies must navigate to thrive alongside retail as a whole: the shift to mobile commerce, the challenge of profitable delivery and fulfillment, and the rise of artificial intelligence.
Note: To access the data, right-click on the charts in the slides and select 'Edit Data In Excel.'