E-commerce drives the fight against COVID-19 as online retailers are experiencing high demand
Study shows which fields of e-commerce were affected by COVID-19 the most. Source: pixabay.com
GlobalData revealed that COVID-19 will have a long-term positive effect on the e-commerce sector. According to a statement, even the most skeptical consumers forced to leave physical stores in response to lockdown.
The report found that supermarkets are facing unprecedented demand for home grocery delivery. The UK online food and grocery market is anticipated to expand by nearly 20% in 2020 to ￡13.2 billion.
As to the apparel retailers, social distancing measures have made a significant hit. According to the forecasts, it will lead to a fall in UK online sales of 7.9%.
The information highlighted that the companies will be focusing on their supply chains and technologies such as the cloud, 5G, IoT, and blockchain to improve their efficiency.
We’ve reported that UK retailer Asda rolled out a new online platform where it sells food boxes, thus reaching out to vulnerable shoppers. These food box deliveries will be handled independently from the UK retailer’s core delivery operations. It means that the already overstretched logistics from the supermarket won’t be affected by this new initiative.
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