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17 May 2023
‘Beyond trade’ activities will transform retail
Brand growth
Retail industry (general)
Strategy
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”.
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