Hence 2020’s unexpectedly explosive performance for retail sales of consumer electronics, home furnishings, toys and hobby items, digital groceries, etc. In other words, the revelation of 2020 is the way in which the pandemic shattered the services sector to the benefit of the retail sector. The Top Global Ecommerce Markets.

In contrast, furniture and home furnishings sales will increase by about 11%, and office equipment and supplies sales will grow by just over 9%. More like this:. Audio: How payment behaviors are changing, Etsy buys Depop, and homeowner spending shifts. Article: Bank of America reports uptick in spending as consumers get ready for post-pandemic splurge.

Estimates from trade group Outdoor Advertising Association of America (OAAA) showed that in the US, there were 5,742 digital street furniture outdoor ad placements, 7,847 digital transit displays, and 5,830 digital shopping mall place-based ad units in H1 2020. Digital billboards are the most common type of DOOH advertising.

Transit, place-based, and street furniture advertising all saw the steeper percentage drops, shrinking their shares of the outdoor ad revenue pie. More like this:. Report: US Out-of-Home Ad Spending 2021. Article: Malls, physical retail bounce back from pandemic shutdowns. Article: The top 20 US out-of-home advertisers in 2020.

Furniture and Home Furnishings Ecommerce Sales. US households also found themselves unpredictably focused on home improvement this year, even as a lot of big-box furniture stores were closed or less accessible. This led to a big shift in spending from brick-and-mortar to digital in the category.

Of the $32.5 billion that US parents will spend on back-to-school purchases this year, $2.9 billion will go toward pandemic-related items, such as hand sanitizer and furniture for learning spaces at home. These products, along with the collective tech category, will see about a 40% spending increase, while expenditures on clothing and accessories will decline for the second year in a row.

More than one-quarter had bought secondhand consumer electronics, furniture or housewares, sports or leisure items, or fashion and accessories. Cost-effectiveness was a leading motive for both buyers and sellers of secondhand goods, according to the survey. But 43% of buyers and 34% of sellers cited the advantage of reducing waste and giving items new life.