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Retail Statistics You Should Know

Small Biz Trends

Here are interesting data from the National Retail Federation report to help you assess how big the retail industry is: Retail supports 1 in 4 American jobs, which is over 50 million American workers. The contribution of the retail industry reaches around $1 trillion Direct Labor Income. economy is retail, now you know.

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Back-To-School Spending Poised To Top $100 Billion Even Amid Disruption

Retail TouchPoints

To design a quick and easy experience, Fisch recommended that retailers include “new back-to-school products such as masks, gloves, plastic cutlery and paper goods together with more traditional back-to-school products, decreasing the amount of time shoppers need to spend in-store.”. Action Items For Retailers.

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Jason & Scot Show Episode 316 Annual Predictions 2024

Retail Geek

No Shopify launches an ad product such as a retail media network Yes Meta/Google/TikTok lose ad share to new social media platforms and retail media networks. A least one retailer has an AI based auto-replenishment solution with significant adoption. Number five prediction for Jason Retail Geek.

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Analysis: Luxury retail in the post-Covid landscape

Inside Retail

According to a 2019 study by McKinsey, young Chinese consumers will account for 65 per cent of the growth in luxury fashion and accessories globally heading into 2025. As a result, social commerce is no longer considered a separate shopping channel. There can be no doubts about the opportunity. You can download the report here.

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Jason & Scot Show Episode 258 – Retailer Owned Brands and Other News

Retail Geek

Google flagged her account because they via some crawling bot that they had decided that she was listing her roller skates in the Google ads at a higher price than she was selling them Direct in, Shopify which is apparently against the terms and conditions of these Google of these free Google shopping ads. [15:03]