E-Commerce
December 14, 2023 at 5:10 pm
U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting, likely keeping the economy on a moderate growth path this quarter and further alleviating fears of a recession, reports Reuters. The Census Bureau said overall retail sales in November were up 0.3 percent from October…
December 12, 2023 at 6:14 pm
A boom in online shopping or will there be a return to in-store shopping in the lead up to Christmas this year? We all know that more and more buying decisions start online. According to our latest research, that figure sits at a hefty 84 percent. With inflationary pressure continuing to overshadow the public purse,…
December 4, 2023 at 5:21 pm
Retail behemoth Amazon.com took the top spot in terms of total retail sales on Black Friday this year, according to a report from data insight company Numerator. Walmart came in second, followed by Target, Best Buy, and Costco. Numerator tracks purchase data and surveys verified buyers to understand shifts in consumer behavior. Over Cyber Weekend…
December 4, 2023 at 10:32 am
The COVID-19 pandemic and the ongoing war in Ukraine have had a significant impact on the global economy, disrupting supply chains and altering consumer behavior. And though the repercussions of the war in Israel haven't yet been determined, it's safe to say that amid these challenges e-commerce has emerged as a vital lifeline. Case in…
November 30, 2023 at 5:10 pm
Shutterfly’s personalized products come to life through innovative technology and supply chain efficiencies. During the busy holiday season, the gifting retailer goes the extra mile to ensure products are crafted and delivered in record time. In this video interview, Sally Pofcher, CEO of Shutterfly, discusses what excited her about the opportunity to join the company…
November 30, 2023 at 3:29 pm
Keeping up with the state of e-commerce is difficult. The online shopping space for both B2B and B2C organizations is in a constant state of flux. Just prior to 2020, most B2C retailers and brands had fully embraced digital commerce. The most successful companies stayed ahead of e-commerce trends and were able to quickly pivot…
November 28, 2023 at 5:14 pm
Adobe Analytics released its Cyber Monday data on Tuesday morning, reporting $12.4 billion in consumer spending on the shopping holiday, up 9.6 percent year-over-year (YoY) and surpassing Adobe’s initial projection. In the peak hour (10:00 pm to 11:00 pm Eastern), consumers spent $15.7 million every minute. This year's Cyber Monday now ranks as the biggest online…
November 27, 2023 at 4:24 pm
According to the most recent Mastercard SpendingPulse report, which measures in-store and online retail sales across all forms of payment, U.S. retail sales on Black Friday (Nov. 24) were up more than 2.5 percent year-over-year (YoY) excluding automotive, not adjusted for inflation. Key trends included from the Black Friday shopping data include the following: E-commerce sales were strong: E-commerce…
November 27, 2023 at 2:55 pm
Black Friday and Cyber Monday stand out as pivotal events in the e-commerce calendar. The onset of the holiday shopping spree seems to be ushering in earlier with each passing year, with this season anticipating a surge in consumer spending, building on the momentum witnessed in recent months. While these monumental shopping days present retailers…
November 24, 2023 at 10:36 am
Consumers spent $5.6 billion on Thanksgiving Day (Nov. 23), up 5.5 percent year-over-year, highlighting the continued shift to more spending online. In the holiday season so far, consumers have spent $76.7 billion online, up 6.8 percent YoY in the first 23 days of November. Black Friday is expected to bring in $9.6 billion, up 5.7 percent YoY. This according to Adobe Analytics data.…
