2023 Consumer Return in the Retail Industry DOWNLOAD REPORT Retailers have been focused on efforts to mitigate returns, as total returns for the industry amounted to $743 billion in merchandise in 2023. As a percentage of sales, the total return rate for 2023 was 14.5%. According to the repor...
In 2023, China’s total retail sales of consumer goods grew by 7.2 percent to reach 47,149.5 billion yuan, hitting a record high. Grouped by consumption patterns, the retail sales of commodities were 41,860.5 billion yuan, up by 5.8 percent, and the income of catering industry was 5,289.0...
In 2023, China’s total retail sales of consumer goods grew by 7.2 percent to reach 47,149.5 billion yuan, hitting a record high. Grouped by consumption patterns, the retail sales of commodities were 41,860.5 billion yuan, up by 5.8 percent, and the income of catering industry was 5,289.0...
The pandemic was a turbulent time for retail. Stores shuttered for long stretches and consumer shopping habits changed drastically. But some brands took the opportunity to reimagine what a store could be. Over the last year, we’ve seen much of their creativity come to life. TakeStuds. The ...
6.Korean e-commerce retail sales and forecasts from 2017 to 2025 7.China's total retail sales of social consumer goods as a percentage of GDP from 2015 to 2022 8.E-retail revenue and market share of footwear, apparel and accessories in the United States, 2017-2023 ...
Based on the survey data, we summarized five major trends of the Chinese consumer insights for the consumer goods and retail industry in 2023. 1. Return to Rational Consumption In the aftermath of the pandemic, consumers have become more pragmatic and rational in their purchasing decisions, based...
returns as a one of theirmain e-commerce returns preference. The impact of free returns on consumer shopping behavior in the U.S. is considerable, with roughly four out of ten consumers indicating a strong likelihood of discontinuing purchases from a brand if it were toremove the option of ...
Over the period observed, the value of goods sold in retail outlets in Poland increased, reaching approximately 1,180 billion zloty in 2023. This represents an increase of five percent compared to the previous year. Value of retail sales of consumer goods in retail sales outlets in Poland from...
3.China's policies on promoting the communalization of convenience stores from 2018 to 20224.China's policies on promoting the digitization and intelligence of convenience stores from 2018 to 20225.The total retail sales and growth rate of social consumer goods in China from 2001 to 20226....
5.The total retail sales and growth rate of social consumer goods in China from 2001 to 2022 6.China's urban population and urbanization rate from 2001 to 2022 7.Data analysis of urban area and urban population density in China from 2008 to 2021 ...