5: Pandemic Acceleration of Retail Phygitalization
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Published:2022
Eleonora Pantano, Kim Willems, 2022. "Pandemic Acceleration of Retail Phygitalization", Retail in a New World: Recovering from The Pandemic That Changed the World, Eleonora Pantano, Kim Willems
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Abstract
In confining the COVID-19 pandemic, social distancing was key, with traditional, bricks-and-mortar retailing being shut-down for weeks, and have nearly universally moved into online channels. At the same time, online players have started to operate physical stores. This chapter provides an analysis of how COVID-19 has accelerated the digitalization of retailing, focusing on the shift towards the online and mobile shopping channel. On the basis of success stories and failures in retail business practice, lessons are distilled for developing effective future phygital scenarios.
