Return of the Highstreet? 40% of ecommerce businesses in Europe plan to open a physical store
- New research from Tribe Payments shows two in five (40%) ecommerce businesses in Europe plan to open a physical store in the next three years.
- Around a third of online merchants also expect to launch their own branded store cards, mobile apps and add payment options to better compete.
- But half of ecommerce brands struggle to compete with large chains that offer an innovative customer experience at the checkout.
London, 19th July 2022 – A new report launched by payments technology provider Tribe Payments today reveals that two in five (40%) ecommerce businesses in Europe plan to open a physical store in the next three years.