Retail Trends & Statistics
For Most Online Shoppers, Home Delivery Is Still the Default Option
With a plethora of delivery methods at their disposal, consumers still prefer getting their digital purchases shipped to their home, though millennials are more likely to try and trust alternative delivery methods, according to “The eMarketer Ecommerce Insights Report,” conducted by Bizrate Insights.
Omnichannel Investments Paying Off
Omnichannel has been a buzzword for so long that you'd be forgiven for being sick of it. But retailers' attempts at better integrating online and in-store are seeing results.
Some Consumers Just Don't Want to Connect with Brands Online
Many consumers don't really interact with their favorite fashion retailers, new data from Market Force Information reveals. But those who do interact mainly through email, as well as text promotions.
Target's New Subscription Box; Nordstrom's Plans; KFC's Chicken Shortage
A rundown on the numbers you need to know today.
Brands Know They're Being Creepy
Brands might be more self-aware than you think. Some 40% admit personalization is creepy—at least according to data from InMoment, a customer experience provider.
IoT Innovation Means Inventory Management to Apparel Industry
The global connected retail market was worth $19.46 billion in 2017, but it is estimated to reach $82.31 billion by the end of 2025, per new data from Transparency Market Research. The uptake in internet of things (IoT) will fuel this growth.
Nordstrom; Grocery Stores; Williams-Sonoma
A rundown on the numbers you need to know today.
Small-Box Retail Is Where the Growth Is
According to Kantar Consulting, big-box retailers saw significantly slower growth in 2017 than small-box stores, such as dollar stores and convenience stores.
Walmart's Jet Loses Propulsion
Online sales growth at Walmart, while strong, was off from the pace set a year earlier, and the company's focus shift to Walmart.com sales brakes Jet.com's prospects.
How China’s Tech Titans Are Pushing the Red Envelope
Digital cash gifting in China is going online, offline and everywhere in between this Lunar New Year.
Mobile Shoppers Prefer Speed
The mobile path to purchase can be characterized as unfocused and fleeting. The average mobile shopping session involves six different apps and is relatively short—80% were under 4 minutes, according to a study from Verto Analytics.
Affluents Are Hardly Gluttons for Luxury Goods
Many seldom purchase them. For that matter, many feel they cannot routinely afford to do so.
Barnes & Noble; Badgley Mischka; GNC
A rundown on the numbers you need to know today.
Subscription Box Market Hasn't Delivered Yet
Contrary to how it may seem if you live in a big city, subscription commerce hasn’t swept the nation. In fact, only 15% of US digital buyers surveyed by McKinsey & Company in November 2017 had subscribed to a box-type service like Stitch Fix or Blue Apron in the past 12 months.
Are Consumers Ready for Retail Tech?
More retailers are looking to technology to simplify the shopping process and automate a lot of redundant tasks. Here's how consumers feel about it.
Powerful data and analysis on nearly every digital topic.
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