Online Channel May Not Be the Saviour Clothing Retailers Hoped For, Says GlobalData
Since the UK Government enforced stores to close for the foreseeable future, many non-food retailers hoped that customers would divert spend onto their online channels. However, last week, Next - the UK’s third largest clothing retailer - announced that it was prioritising the safety of its employees by closing its distribution centre. As a result, many retailers may now feel pressured into shutting their own e-commerce operations bringing potential sales from this channel crashing down to zero, according to GlobalData, a…