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Retail Apocalypse: 27 Surprising Facts You Didn’t Know

Intoo USA

More than half (53%) of tasks in retail were automatable, a report released in July 2016 from managing consulting firm McKinsey & Company calculated. Department stores have lost 18 times more workers than coal mining since 2001. Most overlooked brand risk: The long-term unemployed (jobless for 27 weeks or more) are 2.5x

article thumbnail

Retail Apocalypse: 27 Surprising Facts You Didn’t Know

Intoo USA

More than half (53%) of tasks in retail were automatable, a report released in July 2016 from managing consulting firm McKinsey & Company calculated. Department stores have lost 18 times more workers than coal mining since 2001. Most overlooked brand risk: The long-term unemployed (jobless for 27 weeks or more) are 2.5x