Future Development Trend of UK Retail Industry

DOI

10.2991/978-2-494069-31-2_213How to use a DOI?

Keywords

UK e-commerce; Cross border e-commerce; Offline retail; Digitalization process

Abstract

Britain has now become the third largest e-commerce market in the world. It is of great significance to study the relationship between online e-commerce and offline retail industry and seek new business opportunities for retail industry. This paper first analyzes the development scale of online e-commerce market in the UK, and uses PEST macro environment to analyze its development advantages of cross-border e-commerce; Then it analyzes the gap between online e-commerce and traditional offline retail industry; Finally, it is pointed out that the combination of offline experience and online trading may be the future trend of the whole retail industry, and the digital process is the historical trend.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Zhu Zhu
PY  - 2022
DA  - 2022/12/29
TI  - Future Development Trend of UK Retail Industry
BT  - Proceedings of the 2022 6th International Seminar on Education, Management and Social Sciences (ISEMSS 2022)
PB  - Atlantis Press
SP  - 1823
EP  - 1830
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-31-2_213
DO  - 10.2991/978-2-494069-31-2_213
ID  - Zhu2022
ER  -