News / Retail begins its long fight back, but the shift is away from bricks and mortar

© Bundit Minramun

Citing surging online sales and the migration of its product portfolio to digital offerings, Microsoft announced on Friday it would close its retail stores.

On the same day, H&M revealed it would end 2020 with 40 fewer stores in its chain, and throttle back on new branch openings as it steps up its efforts in e-commerce.

The retail sector is witnessing a massive shift to online selling, in many cases hand in hand with the abandonment of bricks and mortar, which seems ...