Remove Management Remove Social Commerce Remove Specialty Retailers
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Consolidation and live shopping: Four e-commerce trends to watch in 2023

Inside Retail

While we’re expecting this year to see an acceleration of many trends that took off in the pandemic years, the consumerisation of B2B e-commerce is the sleeper of the 2023 season. Without further ado, here are four major areas for retailers to focus on in 2023. Social commerce and live shopping.

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

Retail TouchPoints

With COVID-19 cases still on the rise, Americans are preparing differently for this back-to-school season,” said Dave Fisch, General Manager of Shopkick in an interview with Retail TouchPoints. “ The way a lot of middle schoolers and high schoolers express themselves is through social media,” Sides noted.

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Retail Statistics You Should Know

Small Biz Trends

According to a report , small specialty retail stores have a market size of $33.4bn in the US. Want to know more about small specialty retail store businesses in the country? 62% of businesses believe that social commerce has helped them improve customer communication. Loyalty and Rewards Stats.

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Analysis: Luxury retail in the post-Covid landscape

Inside Retail

WeChat has emerged as a social and commercial ecosystem within which consumers can manage their social and retail life: they can post, make calls, send messages, play games, pay bills, buy products and book taxis. As a result, social commerce is no longer considered a separate shopping channel. cegid.com/en.

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Decoding the global trends shaping the future of retail

Inside Retail

But if you have never heard of social commerce, now is the time to stand up and pay attention. Statista has reported that the global value of social commerce will grow from US$1.3 In late 2023, Salesforce reported that 59 per cent of consumers had shopped on social media, a massive jump from 15 per cent in 2021.

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Store Closures are Forcing Retailers to Thrive or Die: Here’s How Brands can Adapt

Retail TouchPoints

The landscape of American retail is changing, with new customer demands, new players, new competition and a growing proportion of sales taking place across new digital channels like social commerce. retail sales growth. At the same time, specialty retailers like Party City and Joann faced challenges.

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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.