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

Retail TouchPoints

This situation has forced retailers worldwide to adapt to a slew of new consumer demands while juggling a precarious supply chain. While the pandemic has shed light on the resilience of the retail industry, there are still looming risks for the next decade. Indeed, Statista predicts ecommerce revenue to reach $563.4

eCommerce 306
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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. Only Phenomenon: Global Ecommerce Set to Reach $4.2

eCommerce 205
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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. Brightpearl , has curated a list of the fastest growing e-commerce brands for its yearly Lightning 50 table. 8 Centre of Excellence (life changing e-learning) – 207%.

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Adobe: Consumers Will Spend More Online in First 10 Months of 2021 than All of 2019

Retail TouchPoints

New data from the Adobe Digital Economy Index highlights the staying power of online shopping habits formed during the pandemic, seemingly answering one of the biggest questions of the year: will ecommerce continue to grow, or settle down to pre-pandemic levels? on smartphones (up 3.7% ) in the first eight months of 2021.

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2021 State of Holiday Shipping in the US

lateshipment

The pandemic has largely disrupted holiday shipping in 2021, with a surge in online purchases, record shipping costs, port congestion, and inventory shortage. This can give you a headstart in your process towards making data-backed decisions to optimize their supply chain during the critical Holiday season and beyond.

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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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Four Customer Experience and Commerce Trends That Will Define 2021

Retail TouchPoints

The landscape of commerce and delivering customer experience changed dramatically over the past year, as millions of shoppers found health, safety, social distance and remote work taking center stage in their daily lives. Dress clothing retailers such as Brooks Brothers filed for bankruptcy , while athleisure wear boomed.