- Luxury Daily - https://www.luxurydaily.com -

Digital cannibalizing bricks-and-mortar sales, earnings: report

Photo of VivaLuxury courtesy of Bergdorf Goodman Photo of VivaLuxury courtesy of Bergdorf Goodman

 

As retailers invest in digital sales channels, it is eating into their bricks-and-mortar sales and earnings, according to a new report from HRC Advisory.