By 2030, retailers will have half of their profits coming from sources like advertising, financial or health services and third-party fulfillment, suggesting that legacy and digital retailers need to explore these new channels for growth.

That’s according to management consulting firm Bain & Company’s report* “How Engine 2 Expansion Can Power the Future of Retail”. 

Why it matters

Finding new ways to succeed in the digital world has the promise of overcoming the stagnant growth that brick-and-mortar stores are experiencing. One potential solution is investing in “beyond trade” activity, from retail media to financial services, instead of solely focusing...