That’s not all. Total retail sales in 2023 also marked a 2.5% year-over-year increase. Overall sales grew by more than $170 billion from 2022. It’s also one of the slowest annual growth rates in more than a decade. The largest year-over-year increase of the previous decade came in...
U.S. retail sales were unchanged in June, a display of consumer resilience that bolstered economic growth prospects for the second quarter. It did not change expectations that the Federal Reserve could start cutting interest rates in September amid cooling inflation Retai...
In 2023, retail e-commerce sales in the United States reached an estimated 275 million U.S. dollars, up from 142 million dollars in 2019. E-commerce's growth trajectory Driven by the escalating integration of technology into daily life, e-commerce has witnessed a remarkable surge in popularity...
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Retail sales data for bookstores in the United States showed that the sales of U.S. book retailers amounted to 596 million U.S. dollars in November 2023, marking a decrease from the 618 million recorded in the same month of the previous year. Book formats in the United States Print boo...
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Age of the Customer digital business Retail Trends Download our 2025 Planning Guide for CX leaders to learn how to allocate your 2025 budget to reverse CX declines and boost quality. Get The Guide Blog Navigate APAC’s Current Digital Payments Landscape ...
We also recently recorded a client webinar on theUS online retail sales trends and outlook for 2022 and 2023. Along with our forecast data, in this webinar, we shared detailed numbers on inflation, how it is impacting US retail sales, and the inflation outlook for the...
Ecommerce sales growth has slowed since the pandemic spike in 2020 and has not reached at least 10% year-over-year gains since Q2 of 2021 (13.9%). Since the first quarter of 2022, the highest single-quarter, year-over-year increase in ecommerce sales was 9.8% in Q4 2023. ...