Trends / Statistics News & Media
Digital signage market to hit $27.8B by 2026
March 18, 2021
The digital signage market will grow from $16.3 billion to $27.8 billion by 2026, according to a report by MarketsandMarkets. The market will also grow at a…
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Mobile spending surges bringing big changes for retailers in 2021
by Udayan Bose
Udayan Bose, founder and CEO at NetElixir, shares insight on the major shift in mobile engagement among consumers and what retail marketers need do to revamp…
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Despite pandemic, tepid economy, consumers spending pretty much the same as last year
March 11, 2021
Consumers are cautiously optimistic in regard to spending this year as 74% expect to spend the same or more online than last year on clothing and jewelry and…
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AI adoption growing but growth may be too fast, reveals survey
March 11, 2021
One good thing about the pandemic is that artificial intelligence adoption is accelerating, but a KPMG study states the growth may be too fast.
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Why BOPIS 2.0 is the future of retail
by Dean Frew — CTO & SVP RFID Solutions at SML Group, SML RFID
Dean Frew, CTO and senior VP of RFID Solutions at SML, looks at the role BOPIS 2.0 will play in the recovery of the retail sector post-COVID-19.
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Study: Many retailers were unprepared for 2020 holiday season
March 9, 2021
A good number, 17%, of U.S. and U.K. retailers, were not prepared for the holiday 2020 sales season and missed out on sales.
read nowDigital signage market to reach $27.8B by 2026
March 5, 2021
The digital signage market will grow from $16.3 billion to $27.8 billion by 2026, according to a report by MarketsandMarkets. The market will also grow at a…
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Proximity sensors market to reach $6B by 2028
March 4, 2021
The proximity sensors market will grow from $3.68 billion in 2020 to $6.41 billion by 2028, according to a report by Verified Market Research.
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TJ Maxx leader expects spend surge, revenge shopping ahead
February 26, 2021
Once COVID-19 vaccinations are widely available TJ Maxx's CEO Ernie Herrman expects a surge in consumer spend and "revenge shopping" to hit the retail sector.
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Consumers' love for digital, social continues to grow
February 25, 2021
Nearly half of the global population is tapping one social media platform and not just to stay in touch during the ongoing pandemic.
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January retail sales reflect strong start for 2021
February 24, 2021
January was a busy month for consumers and retail sales illustrate a "very strong start" to the year, according to the National Retail Federation.
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Chat commerce can boost retail revenue, claims survey
February 16, 2021
Retailers employing chat commerce technology can benefit from higher revenue, improved customer retention, reduced service costs and greater marketing…
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Valentine's Day will be much more homey this year
February 12, 2021
This year's Valentine's Day celebration is likely going to be a home-based experience for many given the ongoing pandemic.
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Consumers loving digital banking engagement, reveals BoA
February 12, 2021
Consumers are embracing mobile banking with one banking institution experiencing record levels of engagement.
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What economic data tells us about the retail industry in 2020
by Megan Higgins — VP and GM, eCommerce and Marketplaces, Avalara
Megan Higgins, VP/GM, eCommerce and Marketplaces, at Avalara, shares insight on trends and economic changes from the Avalara Commerce Monitor report.
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Key 2020 holiday shopping takeaways: It’s imperative to adapt as customer expectations evolve
by Tara Bartley — Industry Marketing, Akamai
Tara Bartley, senior manager, industry marketing, and Ashitha Bhanu, industry marketing, Akamai, share Akamai data relating to the most recent holiday shopping…
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UK shoppers missing the in-store retail experience
February 2, 2021
When it comes to in-store retail activity, a majority, 74%, of U.K. shoppers, are missing the physical brick-and-mortar customer experience.
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Vaccine won't propel consumers back to retail stores, claims survey
January 27, 2021
As millions of consumers are being vaccinated to combat the COVID-19 virus it's not likely too many will be increasing trips to retail stores.
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Pandemic propels big spike in customer service calls
January 25, 2021
The increased use of online shopping led to a huge spike, 69%, in customer service call volumes during 2020 as COVID-19 spread throughout the world, according…
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COVID-19 vaccine bodes well for a retail recovery
January 25, 2021
Top U.S. retailers view the COVID-19 vaccine as a key part of retail recovery in 2021 and a good number of big retailers are optimistic about the industry this…
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