Trends / Statistics News
2021 retail holiday sales hit $887B
January 20, 2022
Total retail holiday sales hit $887 billion, according to the National Retail Federation, despite ongoing supply chain hiccups and the ongoing COVID-19 Omicron…
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Revamped return policy may prove costly for retailers
January 4, 2022
During the past year of the COVID-19 pandemic many retailers extended the return policy from the traditional 30 day to 60 and 90 days but the move may prove…
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Holiday returns not a jolly scenario for retailers
December 30, 2021
Retailers are facing a 7% spike in the cost of holiday returns this year, according to a CBRE-Optoro report.
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Self-checkout machine shipments spike 25% in 2020, issues remain
December 2, 2021
Self-checkout machine shipments jumped 25% in 2020 due to the pandemic, but the customer experience still needs improvement, as 67% of retailers and consumers…
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Retail leaders: Supply chain will spike prices, cause product shortage
November 1, 2021
Every retail leader polled in a First Insight survey expects supply chain disruptions to affect prices, promotions and sales, according to a press release.
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Global smart retail market to hit $39B by 2024
August 25, 2021
The global smart retail market is expected to reach $39.6 billion in three years, according to a Global Industry Analysts market study. The report presents…
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Pandemic spurs vending machines in retail
August 25, 2021
Retailers offering a wide variety of products have embraced vending machines in an effort to sustain sales during the pandemic, according to a feature article…
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4K display industry to hit $178.3B by 2026
August 20, 2021
A study, "4K Display — Global Market Trajectory & Analytics," published by Global Industry Analysts, reports the 4K display industry could reach $178.…
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European digital commerce milestone approaching
July 26, 2021
Digital commerce in Europe is clearly taking deeper root and likely to hit a milestone this year in passing the 500 million transactions mark and a penetration…
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DOOH global market may hit $35B by 2027
July 23, 2021
The worldwide market for DOOH promotion, estimated at $18.8 billion in 2020, will climb to $35.1 billion by 2027, according to ResearchAndMarkets.com.
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Civil rights groups want retailers to halt facial recognition
July 16, 2021
More than 35 civil rights organizations are calling for retailers to not use facial recognition on customers or workers in their stores, saying that peoples…
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Trust, reliability top of mind for consumers
July 15, 2021
Nearly half of U.S. shoppers expect to spend more this summer than last year and 80% view trust as more important than ever.
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Large format display market to hit $18.6B by 2026
June 22, 2021
The large format display market will grow from $13.1 billion to $18.6 billion by 2026, according to a report by MarketsandMarkets. It will also grow at a…
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Pandemic's end will bring big change to retail, claims retail strategist
May 12, 2021
As the U.S. pandemic restrictions continue to lift and consumers return to pre-COVD-19 behavior, there will be big implications for the retail industry.
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US online grocery sales up 43% over 2020
May 4, 2021
The pandemic is clearly benefiting the online grocery segment with total U.S. sales for March 2021 up 43% compared to a year ago.
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Mother's Day spend expected to hit record-setting $28B
April 23, 2021
Mom's day will be record-setting consumer spend day.
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Study: Americans expect more convenient shopping in 2022
March 26, 2021
American consumers expect more convenient shopping, as well as greater flexibility with work and school, in 2022.
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Mobile push leads digital marketing as favorite strategy
March 19, 2021
When it comes to digital marketing there's been overall growth but mobile push notifications are the most widely adopted, with the number of pushes jumping by…
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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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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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