In 2020, online shopping stopped being the future of retail and became the present.
View on the web The year shopping changed forever It's hard to imagine how many Americans would have weathered the last year without online shopping. What was once a luxury — to buy practically anything with a few mouse clicks — became a necessity after the pandemic shut down most brick-and-mortar stores. Now that there's an end in sight to the Covid-19 crisis, however, it seems apparent that shopping will never be the same. Nearly 10,000 stores have closed since the start of the pandemic, and many will never come back. Meanwhile, online shopping has jumped from 13 percent of all retail purchases to about 20 percent. Amazon has become bigger, richer, and more powerful, while the e-commerce efforts from Walmart and Target provided those retailers with transformative years. Perhaps the biggest breakout success of 2020 was Shopify, which is now valued 50 percent higher than Target. Recode's Jason Del Rey takes us through how the retail landscape evolved in 2020 and what it might look like in 2021. | | | | | The factories in the camps Observers have long warned of rising forced labor in Xinjiang. Satellite images show factories built just steps away from cell blocks. [ Alison Killing and Megha Rajagopalan / BuzzFeed News ] | | | | | | | | | | Earth actually has four north poles | | | | | | | Vox Media, 1201 Connecticut Ave. NW, Washington, DC 20036. Copyright © 2020. All rights reserved. | |