How the Pandemic is Driving Online Retail Growth

Shopping online in the U.S. market: “In looking at total digital visits to an aggregate of Amazon, Walmart and Target’s sites, we saw 779 million visits the week of March 9-15 – the highest number of visits of any week so far in 2020.”

via Comscore

Why Retailers Must Prepare for Ransomware Attacks

The number of ransomware attacks on enterprises is up 500% from this time last year. Threat actors are becoming increasingly sophisticated and targeted. Ransomware is a business, and these actors want to get paid. More retailers need to be prepared.

via Forrester

Smartphone Apps Drive the eRetail Payments Market

According to the latest worldwide market study by Juniper Research, the total transaction value of remote payments for digital and physical goods will exceed $6 trillion by 2024 — that’s a growth rate of 53 percent from 2019.

via Digital Lifescapes

Retail Next-Gen: Progressive Digital Transformation

Retail is arising from the first chapter of digital transformation — upheavals of shopping behaviors, business models, and industry structure. New retail formats are emerging as customer behaviors change, and newcomers shake things up. Retail’s next regeneration is taking shape.

via IDC

Holiday Online Retail Shopping Trend Breaks Record

This year’s online retail holiday weekend proved, yet again, the power of discounts. Thanksgiving, Black Friday, and Cyber Monday all posted +28 percent or higher digital commerce spending versus 2017, according to comScore.

via Comscore

U.S. Retail Industry Sees Nearly 5% Growth in 2018

With retailers gearing up for Black Friday and Cyber Monday, IBM’s 2018 Holiday Retail Forecast (NYSE: IBM) indicates this shopping season could be a win in many segments, with a 4.83 percent year-over-year growth seen across the industry this year.

via IBM News Room

The Evolution of Online Grocery Shopping in America

Even in areas where online shopping has not been well adopted to date, such as in fresh food shopping, the tides are shifting. For example, our Global E-Commerce Study found that 26% of consumers have bought fresh groceries online — that’s up by 15% from 2016.

via Nielsen

Digital Retail will Transform Grocery Shopping

Food and beverage retail is the next big sector that will feel the influence of digital shopping. We’re seeing the shift already: 23% of U.S. shoppers bought groceries online in 2016, an increase of 20% versus just two years prior—and adoption has only accelerated since then.

via Nielsen

Retail eCommerce in China will Reach $1.13 Trillion

Retail eCommerce sales in China are expected to reach $1.13 trillion this year, a figure equal to 23.1% of total retail sales. Growth is expected to continue, with eCommerce accounting for 40.8% of all retail sales in China by 2021.

Source: eMarketer

How Savvy Marketers will Master Digital Growth Strategies

Most brands and marketers are aware that traditional marketing and engagement strategies will no longer generate the success they did just a few years ago. But many have yet to carve a path toward growth amid an increasingly digitized market where choice is overly abundant and every smartphone is a sales register.

Source: Nielsen