It’s a rapidly changing situation, but it’s safe to say that the global Coronavirus Pandemic has defined 2020. Nobody could have foreseen the dramatic changes to their way of life people have experienced across the world. Every non-essential store has been directly impacted by the pandemic and stores are only now gradually starting to reopen. These events have resulted in unprecedented changes to consumer behavior and most transactions now moving online.
Customers have been forced from their daily routines, which included visiting a brick-and-mortar store. They have been buying what they need online. Data from a new Capgemini Research Institute report shows that 59% of consumers worldwide had high levels of interaction with physical stores before COVID-19, but now only 24% expect to return to that level. This is a tectonic shift in consumer shopping Read More