Brick-and-mortar retailers will face more pain in 2016 as online retailers gain more ground, retail analyst Jan Rogers Kniffen said Wednesday.
"The penetration of online is going to be higher and the penetration of off-price is going to be higher, so it's still going to be a difficult year for brick-and-mortar retailers," the CEO of J. Rogers Kniffen WWE told CNBC's "Squawk Box."
Unseasonably warm weather, among other factors, has weighed on sales at brick-and-mortar retailers this fall and winter, as well as on their stock prices.
"The average temperature has been 20 degrees above normal. I left my coat in the car. Did anybody wear a coat this morning? No," Kniffen said. "That is hurting sales. It's causing inventories to be too high. There's lots of issues selling outerwear."
Macy's (Blue) versus Amazon (Green) YTD (%)
"We're moving to the point where 'omnichannel retailing' is no longer going to be called 'omnichannel retailing,'" Kniffen said. "Things that aren't omnichannel retailing are going to be the oddballs."