The retail industry faces several challenges due to the growth of ecommerce. These include the need for significant investment in digital infrastructure, the requirement to adapt to changing consumer behaviors, and the pressure to provide seamless online shopping experiences. Additionally, traditional retailers may struggle with the transition to an online model, including issues with supply chain management, delivery logistics, and customer service. The rapid growth of ecommerce also intensifies competition, as businesses are not only competing with local stores but also with online retailers from around the world.
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