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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

Macroeconomic forces — from inflation to corporate layoffs and the unknown impacts of a recession — are creating uncertainty throughout the retail industry. The luxury market has a few key advantages that will likely safeguard it from financial turmoil. Will Luxury’s Biggest Market Rebound?

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The Top CBD Ecommerce Trends to Tap into the CBD Market

Omnisend

states have legalized marijuana and cannabis, and CBD retailers stand to benefit from the new marketing opportunities. They can now connect with a unique and diverse audience and create online dispensaries. In today’s digital era, it’s comparatively easy to access CBD products online and in-person across the globe.

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What retailers can learn from the 2021 holiday shopping season

Kibo

The 2021 holiday shopping season was historic, in that it was the culmination of two years of accelerated trends, shifting consumer behaviors, and omnichannel shopping realities that have emerged since the start of the pandemic. Ecommerce drove seasonal growth, even for traditional retailers. billion by 2025. from 2019 to 2027.

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

Retail TouchPoints

With the adoption of e-commerce on the rise, brick and mortar retail businesses face increased risks of having to shut down. million by 2025, up from $431.6 While going digital is not exclusively reserved for bigger brands, small retail businesses may not necessarily have the knowledge or funds to take the step.

eCommerce 305
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Building Compelling Retail Digital Experiences for Millennials

Kibo

trillion by 2025 , far surpassing other generations. This generation is also considered more digital than any before it, with more than 86% of millennials citing online shopping as their preferred buying experience. Online Shopping Biggest Among Millennials. Millennial income is expected to reach an estimated $8.3

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ecommerce in Nigeria – tips for success

Payoneer

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027.

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Persepectives: Food Shopping Gets Even More Convenient

Profitero

As evidenced by Amazon’s recent announcement that it intends to acquire Whole Foods Market, the lines between food and beverage purchase channels are growing increasingly blurry. Amazon, while it continues to increase its sphere of influence on the consumer experience, will never be the only retail platform.