Overall pace of current shopping trends to speed up by 2025

Remote buying easier, but fast fashion to slow down as Generation Z comes of age

20201214 Consumer

While the number of people shopping in stores is decreasing, those buying online are increasing, and consumer purchasing trends are changing dramatically. © AP

JOHN GAPPER, Financial Times Business columnist

LONDON -- Before Covid-19, retailing was moving towards a world in which people bought less in stores and more online, divided their purchases between luxury and discount, with less in between, and shopped more ethically. In 2025, the direction has not changed but the pace has quickened.

Consumers who have been forced to order online, or collect goods without entering stores, have learnt a lesson. Buying remotely will be even easier and more convenient by 2025, and the global share of e-commerce is likely to grow to about a quarter from this year's mid-teens.

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