Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > Optimising your ecommerce strategy amid the return of traditional retail
    Business

    Optimising your ecommerce strategy amid the return of traditional retail

    Published by Jessica Weisman-Pitts

    Posted on September 27, 2021

    4 min read

    Last updated: February 1, 2026

    A smiling woman sits in her living room, using a laptop and holding a credit card, reflecting the shift towards online shopping amid the return of traditional retail. This image illustrates the evolving ecommerce strategies discussed in the article.
    Smiling woman using a laptop and holding a credit card while shopping online - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Discover how to optimize your ecommerce strategy as traditional retail returns, focusing on omnichannel approaches and evolving consumer behaviors.

    Optimizing Your Ecommerce Strategy as Retail Returns

    By Jim Herbert, VP and GM of BigCommerce EMEA 

    The COVID-19 pandemic and corresponding lockdowns have forced more shoppers than ever to move online over the last 18 months. Following the easing of restrictions in April, however, research from Springboard revealed that shoppers were flocking back to the high street in force. In fact, the UK retail footfall total rose to 75% of the total for the same week in 2019 amidst this bounce.

    Retail sales have also continued to surge over the past three months. According to the BRC-KPMG retail sales monitor, total retail sales increased by 13.1% in June, against a decline of 1.3% in June 2019.

    Jim Herbert, vice president and general manager EMEA at leading global Open SaaS ecommerce platform, BigCommerce, shares his thoughts on how retailers can optimise their ecommerce and in-store offers to manage changing customer expectations as we slowly move out of lockdown.

    The shift in consumer behaviour

    Unsurprisingly, the pandemic has had a significant impact on consumer behaviour. According to McKinsey, a high number of consumers around the world have experimented with new shopping behaviours since the pandemic began. With many stores being forced to close, the increase in online shopping notably shifted.

    The ability to offer convenience and personalised shopping experiences gave online retailers an advantage over traditional brick-and-mortar stores. For example, in February 2021, Associated British Foods – the parent company of Primark – announced that the retailer had lost out on sales of £1.1 billion in a six-month period. Meanwhile, online fashion retailer Asos saw retail sales increase by 24% and Boohoo, another online clothing store, also saw UK revenue increase by 39% as online sales continued to surge.

    The impact of the return of retail on ecommerce

    As restrictions ease and customers head back to the high street, a slight shift in traffic is to be expected. According to research from the Office for National Statistics (ONS), the total proportion of online sales decreased to 28.5% in May 2021, compared to 29.8% in April 2021 as consumers returned to physical stores.

    The retail landscape has changed dramatically over the past year, however, and innovations like “curbside pick-up” and “buy online pick up in-store” have made online shopping even more convenient. This has encouraged customers to adopt and embrace online shopping.

    According to research from Linnworks, 76% of consumers say convenience is a key priority when selecting a retailer. Nine in 10 also say they will prioritise using a retail site that offers a seamless experience. With this new landscape and shopping behaviours in mind, it comes as no surprise that the share of ecommerce sales in the retail sector is expected to increase from 13.6% in 2019 to 21.1% by 2023.

    Therefore, whilst the return of in-store shopping may have a slight impact on online spending, it looks set to continue to grow. Its ability to offer customers a convenient and personalised shopping experience means there is no holding back.

    Adjusting your ecommerce strategy to manage changing customer expectations

    With the customer journey continuing to be more dynamic, retailers should consider adopting an all-encompassing omnichannel approach. This strategy will not only provide more channels for customer purchase but, crucially, it improves the overall shopping experience for customers across the different platforms they frequent.

    The pandemic has led to a decline in brand loyalty which has seen customers around the world experiment with new shopping behaviours. Retailers can therefore no longer focus all their efforts on a single strategy. Taking an omnichannel approach will allow them to integrate the in-store and online shopping experience, so they can enhance customer satisfaction and mitigate some of the limitations of both channels.

    According to a report from PayPal and BigCommerce, the way people pay for purchases is also changing. More customers are using digital wallets both in store and online. With 70% of consumers more likely to spend more at a retailer that offers their preferred payment method, adopting an omnichannel strategy provides an opportunity for retailers to meet these customers where they are the most likely to spend.

    To succeed in the post-pandemic retail landscape retailers should identify customer needs and meet expectations by offering a convenient and seamless shopping experience across different platforms — either through a website, social media platforms or in traditional brick-and-mortar stores. There is a lot of uncertainty in the world right now, but we can be sure that omnichannel is the future.

    Key Takeaways

    • •The pandemic shifted consumer behavior towards online shopping.
    • •Retail footfall is increasing as restrictions ease.
    • •Ecommerce continues to grow despite the return of retail.
    • •Omnichannel strategies enhance customer experience.
    • •Convenience is key in consumer shopping preferences.

    Frequently Asked Questions about Optimising your ecommerce strategy amid the return of traditional retail

    1What is the main topic?

    The article discusses optimizing ecommerce strategies amid the return of traditional retail and changing consumer behaviors.

    2How has consumer behavior changed?

    The pandemic led to increased online shopping, but as restrictions ease, consumers are returning to physical stores.

    3What is an omnichannel approach?

    An omnichannel approach integrates online and in-store experiences to enhance customer satisfaction.

    More from Business

    Explore more articles in the Business category

    Image for Empire Lending helps SMEs secure capital faster, without bank delays
    Empire Lending helps SMEs secure capital faster, without bank delays
    Image for Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    View All Business Posts
    Previous Business PostThe Government consultation on flexible working and what it could mean for employers
    Next Business PostSecurity vs. Collaboration: the remote work balancing act