The current state of commerce
As consumers continue to opt online, the retail industry has been forced to adapt from brick-and-mortar offerings to a strategy increasingly oriented toward ecommerce.
While legacy brands are facing consolidation, businesses like Warby Parker and Bonobos are primarily focusing on developing ecommerce channels in combination with select brick-and-mortar locations. As a result, how this shift in strategy sparks opportunities for PE and strategic buyers remains a prime topic of discussion.
Consumers are steadily doing more purchasing online, and as a result, businesses know that a robust e-commerce presence is crucial to their offerings.
In fact, according to BDO’s 2017 Retail Compass. Survey of CFOs, 68 percent of top retail CFOs plan to dedicate more resources to their e-commerce and mobile channels in 2017, and dealmakers are taking notice