Home / Knowledge / News / Apparel/Garments / 'E-Commerce to grab bigger share of retail pie in 2016'
'E-Commerce to grab bigger share of retail pie in 2016'
26
Nov '15
Increasing online sales, shifting consumer spending habits, and limited replenishment purchases in apparel will eat into in-store bricks-and-mortar sales growth, according to Fitch Ratings' 2016 US retail outlook.

Fitch expects in-store sales will grow just 1.5-2 per cent next year, below the 3-4 per cent expected for the US retail industry overall.

'The growth of e-commerce will be the great differentiator for many retailers- an opportunity for some and a threat to others,' said David Silverman, Senior Director. 'It has fundamentally changed the way retailers think about their operations, investments and branding.'

Fitch expects e-commerce will account for 15 per cent of total retail sales and 50 per cent of growth in total retail spending in 2016. This will continue to erode in-store traffic and spending, necessitating investments in real estate, product distribution, inventory, and IT infrastructure, among other things, that may pressure margins in the near term. Department stores will remain the most-pressured segment, with additional store closings possible.

Fitch's retail sector outlook remains stable, with continued wage growth constraints or an unexpected economic downturn being the two largest threats. However, even in those scenarios mass downgrades in Fitch's portfolio would be unlikely, given most retails have enough cushion in their current ratings to withstand a downturn. (SH)

Fibre2Fashion News Desk - India


Must ReadView All

Courtesy: Business wire

Textiles | On 28th Jul 2017

Taiwan launches new products at Outdoor Retailer show

The Taiwan External Trade Development Council (TAITRA) hosted the...

Textiles | On 28th Jul 2017

Clariant, Huntsman present update on planned merger

Clariant and Huntsman Corporation have presented a first update on...

Fashion | On 28th Jul 2017

Kering’s first half consolidated revenue up 28.2%

Kering has announced a consolidated revenue of €7,296.2 million for...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
61.1%
No
22.2%
Skip
16.7%

Total Votes: 18

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
33.3%
No
44.4%
Skip
22.2%

Total Votes: 18

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
5.6%
Skip
11.1%

Total Votes: 18

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
50.0%
No
11.1%
Skip
38.9%

Total Votes: 18


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X