In 5 years time online will account for 30% of sales says Uniqlo CEO

The transcript discusses the future of retail, focusing on the balance between physical and online sales. It projects that online sales could reach up to 30% in five years, emphasizing the importance of maintaining customer interest in physical stores. The necessity of book model stores having a clear purpose is highlighted, along with strategies to enhance customer shopping experiences in physical locations.

What is the expected split between physical and online sales in the next five years?

• 60% physical, 40% online

• 70% physical, 30% online

• 80% physical, 20% online

• 50% physical, 50% online

What humorous element was mentioned in the discussion?

• A story about a Sunday dinner

• A reference to a famous book

• A joke about a Lone Ranger

• A comment on eating popovers

Why do physical stores need a clear purpose?

• To compete with online prices

• To justify their existence

• To attract more online customers

• To reduce operational costs

What is the predicted percentage of online sales in five years?

• 20%

• 30%

• 40%

• 50%

What is crucial for maintaining customer visits to physical stores?

• Increasing online advertisements

• Expanding store locations

• Providing a unique shopping experience

• Offering discounts