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By 2027, US Online Retail Spending Will Reach $1.6 Trillion

Forrester eCommerce

Forrester’s 2022 Online Retail Forecast, US, provides insights about US total retail sales, online retail sales, and the online retail penetration forecast for 30 product categories for the next five years.

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Europe-5 Online Retail Sales Will Reach €553 Billion By 2027

Forrester eCommerce

In 2022, total retail sales for the Europe-5 countries continued to grow strongly, but this growth actually shifted from online channels and touchpoints to offline channels and touchpoints. The Europe-5 markets comprise the top five economies in Europe — in order of size, those are Germany, the UK, France, Italy, and Spain.

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Why Is Online Retail More Popular than Ever in 2023?

365 Retail

Over the last few years, e-commerce has become one of the biggest buzzwords in the business world, competing with artificial intelligence and ESG. However, reports suggest that global online retail sales for the beauty and health industries will reach nearly $450 billion by 2027.

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Amazon Pay Adds BNPL Option for Prime Visa and Amazon Visa Cardholders

Retail TouchPoints

Prime Visa and Amazon Visa cardmembers can now make equal monthly payments for items they purchase on tens of thousands of participating online retail sites when they use Amazon Pay. Millions of Prime Visa and Amazon Visa cardmembers already use this payment option via the Amazon ecommerce site and app. billion in 2022 to $155.79

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The Future of Retail is Multilingual

Retail TouchPoints

This same barrier can exist for online shoppers navigating ecommerce sites in languages they don’t understand. Recent estimates forecast that nearly a quarter of global retail sales will come from online channels by 2027, so the ability to serve a multilingual customer base will be essential for businesses seeking global success.

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How Retailers Can Use AI to Improve Customer Experience and Build Trust

Retail TouchPoints

ecommerce spending is estimated to reach $1.7 trillion by 2027 – representing over 20% of overall retail sales. Additionally, global ecommerce spending could surpass $7 trillion as early as 2025. In the U.S.,

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Integrations are the Achilles Heel of Composable Commerce: Tips for Overcoming Challenges

Retail TouchPoints

The appeal of in-person retail shopping may have diminished in recent years, as ongoing industry trends underscore the unrivaled convenience of online shopping. online retail sales will reach $1.6 trillion by 2027. Analysts project that U.S.