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U.S. Department of Commerce has released its retail sales data for the complete year, we can see the true impact of Covid-19 on retail in 2020. Retail as a whole experienced healthy growth of 3.4% ...
Shopify on Tuesday published its first annual Future of Commerce report, which aims to outline e-commerce growth throughout the COVID-19 pandemic and beyond. The report combines Shopify's global ...
As e-commerce sales surge, retail warehousing and fulfillment processes are under relentless pressure. Traditional retailers have some tough tradeoffs to manage.
Meanwhile, e-commerce is projected to grow by nearly 20% in 2020. The pandemic has also helped refine which categories of goods consumers feel are essential, the study found.
Ranking 5th on the list of the 15 fastest growing e-commerce companies in 2020 is China’s leading online retailer Alibaba Group. Alibaba had total revenue of $78.3 billion for the fiscal year ...
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the pharma e-commerce market in Europe and it is poised to grow by USD 10.69 bn during 2020-2024, progressing at a CAGR of almost 14% during ...
“2020 has reset our expectations for what is possible,” McDonald said of the retailer’s e-commerce business, including how much more runway there is for growth in that channel.
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the business-to-consumer e-commerce market in China and it is poised to grow by USD 3851.34 billion during 2020-2024, decelerating at a CAGR ...
In the medium term, e-commerce’s next wave of growth is likely to come from greater penetration of retail categories that historically lagged, like groceries, health, and autos.
For context, during the first quarter of 2020 e-commerce was 12% of total retail sales and 11% of retail sales during the second quarter of 2019.
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