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Top 2020 Retail Challenges and How To Future-Proof for 2021

Retail TouchPoints

However, a question mark still hangs over where they spent their money, as research showed that since the beginning of the pandemic, 49% of shoppers have been purchasing more online. And in the ecommerce world, that can only mean one thing: online retail giants such as Amazon continue to dominate the market.

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Adobe: As U.S. Ecommerce Booms, Global Online Spend Projected to Reach $4.2 Trillion in 2021

Retail TouchPoints

In March 2020, the retail (and general economic) situation looked dire, with lockdowns shuttering stores across the U.S. and retailers scrambling to scale their online offerings. In fact, in the three weeks following the ARP’s passage on March 11, 2021, U.S. Trillion in 2021. The continued surge in U.S.

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Six Things the Consumer of 2021 Really Wants

Retail TouchPoints

In 2020, more than any year since the advent of online and mobile commerce, consumers lost a sense of control. Online shopping became a refuge, not because of overwhelming convenience, but because contactless commerce was necessary. More ecommerce, even post-pandemic (Advantage: all online retailers).

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Mastercard: Retail Sales Up 7.6% During Holiday Season

Retail TouchPoints

The index, which was not adjusted for inflation, measured in-store and online retail sales across all forms of payment. The payment company saw that online sales grew 10.6% compared to the same period in 2021. of total retail sales, up from 20.9% in 2021 and 20.6% Ecommerce accounted for 21.6%

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UK’s top 25 fastest growing online retailers revealed

365 Retail

The UK’s top 25 fastest growing online retailers have been revealed with beer brewing brand Pinter topping the table. Since launching in 2020, Pinter has amassed a community of 60,000 brewers and it has sold the equivalent of 3,900,000 million pints. It was named a TIME Magazine invention of the year.

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2020 Holiday Ecommerce News & Updates [January 2021]

ROI Revolution

Published September 14, 2020. Updated January 5, 2021. From the completely unexpected impacts of the coronavirus on ecommerce to the twists and turns of Amazon Prime Day 2020 , 2020 introduced a mix of obstacles and opportunities for all brands and retailers. Post-holiday shopping season 2020 stats (part 2).

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Top Risks For Retail Businesses In 2021 (And in The Next Decade)

Retail TouchPoints

While the pandemic has shed light on the resilience of the retail industry, there are still looming risks for the next decade. In this article, we take a look at the key risks that may be faced by retail businesses in 2021 but also through the next decade. The lingering impact of COVID-19. million by 2025, up from $431.6

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