article thumbnail

Adidas Shifts to DTC-First Model, Plans to Double Ecommerce Sales by 2025

Retail TouchPoints

The company plans to gain market share and increase currency-neutral sales by an average of 8% to 10% annually between 2021 and 2025, through an aggressive expansion of Adidas’s already booming DTC business, including ecommerce; digitalization of its operations and stores; an expanded membership program; and an increased focus on sustainability.

eCommerce 211
article thumbnail

Sizing The AI Software Market: Not As Big As Investors Expect But Still $37 Billion By 2025

Forrester eCommerce

Forrester forecasts the AI software market will grow to $37 billion by 2025. Find out what's driving the growth and where the limitations are in this blog post.

Marketing 518
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Five Below Plans 1,000 New Store Openings by 2025

Retail TouchPoints

The retailer plans to open approximately 1,000 stores in total by its fiscal year 2025: 375 to 400 new stores over the next two fiscal years and 550 to 600 new stores during fiscal years 2024 and 2025. Ecommerce sales for the increased 6.2% By 2030, Five Below plans to triple its current store count to more than 3,500 locations.

Outdoor 273
article thumbnail

AI software spend will double from 2021 to 2025, to reach $64 billion, and grow 50% faster than the overall software market

Forrester eCommerce

in 2021 to 6% in 2025. Across eight forecasted countries — US, China, Japan, and Europe-5 (France, Germany, Italy, Spain, the UK) — AI’s share of software spend will increase from 4.3%

Marketing 370
article thumbnail

New eMarketer Analyst Report: What the Global E-Commerce Forecast Holds for 2022

ChannelAdvisor

After a two-year e-commerce boom driven by unpredictable circumstances and unusual growth patterns, it seems online spending is expected to stabilize in 2022. Overall, global retail e-commerce growth is set to slow considerably when compared to the growth rates of 2020 and 2021. Looking Back to Look Forward.

article thumbnail

Should Quick Commerce Be Part of Your E-Commerce Strategy?

ChannelAdvisor

Quick commerce – also known as Q-commerce and on-demand delivery – is an e-commerce delivery process that aims to have purchased goods and services delivered within an hour or less. Quick commerce isn’t exactly new. A Closer Look at the Quick Commerce Landscape. Intermediate delivery services.

article thumbnail

4 Trends in Eyewear E-commerce That Will Likely Continue in 2024

365 Retail

With the advancement of technology, the convenience of online shopping, and the increasing global trends, it is no wonder that the e-commerce industry is thriving. According to the US International Trade Administration, the UK, in particular, ranks third globally with the largest e-commerce market.