With the vaccine rollout well underway, consumers’ newfound freedom is taking them outside the home—and often to the mall, as foot traffic continues to increase. Online sales will also continue to increase, up 17.9% in 2021, with growth slowing through 2025. Pre-pandemic, we forecast that ecommerce retail sales would grow 13.2% in 2020 and 12.8% in 2021.

When Vancity Community Investment Bank (VCIB) and the Canadian Urban Institute examined the main streets of seven cities in Ontario and British Columbia in fall 2020, they found that foot traffic was down between 35% and 70% from the same period in 2019. Airport traffic was curtailed to an unprecedented degree in 2020, impacting airport OOH ad spending.

CVS’ foot traffic to its existing health and wellness services shot up thanks to consumers’ vaccine appointments. It's given 43 million COVID-19 vaccines to date—a figure which will likely continue to balloon as it is now offering the vaccine for pediatric consumers aged 5 to 11. Low-cost and transparent pricing.

And with in-store foot traffic also expected to bounce back from last year, Affirm will likely see gains from brick-and-mortar shoppers. Affirm’s exclusive partnership with Amazon should also give the BNPL provider a major boost considering the etailer’s holiday track record. And new customer tools and app features should also sustain Affirm’s performance.

PB: I feel lucky to be in a position where I can help build the technology to help our local sellers drive foot traffic into their stores with more omnichannel retail options. I grew up in a small town in Pennsylvania and worked at an outdoor shop called Appalachian Ski and Outdoors.

Location data firm Placer.ai provided more insight into December 2020 foot traffic trends, revealing that trends varied considerably by store segment. Warehouse clubs like Costco and Sam’s Club saw an increase in foot traffic, however minor, at 0.2%.

Resumption of pre-pandemic shopping rituals like door-busting at big-box retailers and fashion-finding at malls will generate strong foot traffic. Mobile traffic will also spike on Black Friday as consumers prepare for in-store shopping trips and engage in showrooming while there. We expect online sales to increase 15.8% to $10.42 billion, assuming the No. 2 spending day position for the season.

Autonomous checkout technology may be more useful for large retailers with high foot traffic—smaller merchants may not have the capital for this type of investment and may still appreciate the value of in-person interactions as they grow their businesses.

The ability to analyze foot traffic in real time to create dynamic floor plans. Instant access to product information through AR applications on smartphones. The ability for consumers to shop from anywhere using AR and VR. By mapping industry and consumer interests together, we’ve determined five of the most promising 5G applications for the retail industry:. AR and VR applications.

Fall 2020 research by Vancity Community Investment Bank (VCIB) and the Canadian Urban Institute examining seven city main streets in Ontario and British Columbia showed that foot traffic was down between 35% and 70% compared with the same time in 2019. In addition to general foot traffic declines, the suspension of attendance at sporting events crushed place-based OOH revenues.

Klarna moving further into brick-and-mortar retail positions it to capture these sales, especially as in-store foot traffic rises: Throughout 2021, foot traffic at US Simon Properties has approached and on a number of occasions exceeded 2019 levels, per Placer.ai—sometimes by more than 50%—and this will likely carry over into the holidays thanks to COVID-19 vaccine efforts.

Data from Placer.ai, a location analytics firm, indicates that retail foot traffic has been in double-digit negative territory every month since the beginning of the pandemic. Even in recent months as foot traffic has rebounded—in September, weekly retail foot traffic varied between declines of 13% and 17%—foot traffic fell well below the 4.7% holiday sales decline we expect. The reason?

The department store has 34 shops left nationwide, having closed 16 of them after the pandemic greatly reduced foot traffic on high streets. But even though the UK has come out of lockdown, the pandemic’s legacy will carry on: Insider Intelligence expects further store closures as customers continue to make more purchases online, just as they’ve grown used to doing over the past 18 months.

Latin America won't be as lucky as the coronavirus further aggravated their previous economic struggles, causing a great decline in foot traffic as consumers were forced to prioritize essential items. Digitally booked home delivery and click-and-collect options have grown in the UK, but some of their retailers won't survive.

In-store foot traffic is nearly on par with pre-pandemic levels. Retail foot traffic in the week starting April 5 declined 3.4% compared with a similar period in 2019, according to data from Placer.ai cited by the Wall Street Journal.

Compared with the same period last year, in-store foot traffic is up 12.5%, according to recent data from Small Business Trends, with foot traffic increasing by 28.5% from January to March. The rise in foot traffic was likely jump-started by the COVID-19 vaccine rollout, which began in late 2020. Going forward, there could be a bigger jump in foot traffic as consumers plan springtime shopping sprees.

Data from Placer.ai, a location analytics firm, indicates that retail foot traffic has been in double-digit negative territory every month since the beginning of the pandemic. Even as foot traffic has rebounded in recent months—in September, weekly retail foot traffic varied between declines of 13% and 17%—foot traffic fell well below the 4.7% holiday sales decline we expect. The reason?

If Chase’s new branches maintain this foot traffic, and the bank can convert prospects into sales of more complex products like loans or mortgages, it could be worth the investment—despite the emergence of digital as the dominant banking frontier.

Department stores like Macy’s, Kohl’s and JCPenney continued to struggle as mall foot traffic declined. What is the forecast for holiday sales in 2020? We predict the 2020 holiday season will see overall growth rates soften amid signs of a weakening consumer economy.

Apple recently warned investors that it might not meet its revenue guidance for Q1, citing weak foot traffic to its stores and disruptions to its supply chains across Asia. Service Robot Usage to Curb Human-to-Human Contact.

Audio: How big can Amazon get, Best Buy's membership program, and foot traffic recovery. Article: Bezos’s call for automated staffing schedules to reduce injuries fails to address employee concerns. Article: Major card issuers experience volume turnaround thanks to retail spending.