Sales trends—and expectations of future trends—can have an outsize effect on retailers and the broader market (see figure 1). Figure 1: RETAIL AND ECONOMIC VOLATILITY. In the 10-year period from 2013 to 2023, the S&P Retail SPDR ETF (XRT, candlestick chart) saw periods of stagnation and...
In 2020, global retail sales fell by 2.9 percent as a result of the COVID-19 pandemic, bouncing back in 2021 with a growth of 9.7 percent Global retail sales were projected to amount to around 27.3 trillion U.S. dollars by 2022, up from approximately 23.7 trillion U.S. dollars in 2020...
According to a recent market report, total retail sales worldwide in 2024 are expected to come in at $31.1 trillion. This marks a 4.9% annual increase, a 0.6 percentage point fall from 2023’s growth rate of 5.5%. Despite the slight slowdown, it is the first time global retail sales ...
In 2023, the online channels' share of total retail sales reached 15.4 percent in the United States. This represented an increase compared to 2022, when it was 14.6 percent. E-commerce as percentage of total retail sales in the United States from 2000 to 2023 ...
BEIJING, Jan. 6 (Xinhua) -- China's retail sales of books totaled 91.2 billion yuan (about 12.84 billion U.S. dollars) in 2023, up 4.72 percent year on year, according to an annual report on the book market issued on Saturday. ...
Retail Ecommerce Sales Share of Total Retail Sales Worldwide, by Market, 2023 (% share of total retail sales) Publication Date June 1, 2023 Sources Source information is only available to PRO subscribers. Featured InWorldwide Ecommerce Forecast 2023...
Publication Date June 1, 2023 Sources Source information is only available to PRO subscribers. Featured InWorldwide Ecommerce Forecast 2023 TopicsEcommerce SalesRetail Sales WorldwideDaily News Article How the US election outcome will influence 3 key areas of digital advertising Article How the outcome...
have perfected the checkout process, one of the most important aspects of converting sales online. After all, close to 20% of consumers say they would abandon a purchase if it took more than one minute to check out, according to our report,The state of North American checkouts in 2021....
More than 130,000 stores will be using this technology by 2023.3. Attract and retain a team to deliver exceptional customer experiences At least 60% of consumers purchase from specific brands because of excellent customer service in the past, so retailers that invest more in their staff will ...
Update—Dec. 15, 2023:For today's live markets coverage, seehere. Stocks rose Thursday after a strong retail sales report added fuel to Wednesday's Fed rally. TheDow Jones Industrial Averagegained 0.4% Thursday to close at another record high. TheS&P 500rose 0.3% and theNasdaqinched up 0.2...