article thumbnail

3 Things Every Retailer Can Learn from Amazon

Retail TouchPoints

This platform, with its humble beginnings selling used books, has gone on to power the careers and fortunes of countless small businesses. Amazon’s innovations also have inspired some of the most game-changing new business models in retail, adopted by Target , Walmart and Macy’s to name just a few.

article thumbnail

The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

Globally, ecommerce growth projections are also on an upward trajectory: They show that retail sales may exceed $4.058 trillion by as soon as 2020. Department of Commerce data shows that ecommerce sales currently average about 9.1% of total retail sales. Business-to-Business (B2B). Image source.

eCommerce 417
Insiders

Sign Up for our Newsletter

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

article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [March 2021]

ROI Revolution

With 160 million customers visiting Walmart stores or Walmart.com each week , Walmart is the largest retailer in the US. Ecommerce retail sales are projected to grow 14.3% Retail ecommerce sales grew 27.6% Meanwhile, total global retail sales declined 3.0%. in 2020 after being projected to decline 16.5%

eCommerce 195
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Last month marked the ninth month in a row of total retail sales growth as the world recovers from a pandemic that led to total retail sales declining 10.5% Total retail sales were up 11% year-over-year this June, a 10.4% of all retail sales ( eMarketer ). When it comes to large retailers and department stores, 58.2%

eCommerce 197
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Retail sales as a whole still saw significant yearly growth on Black Friday according to data from Mastercard SpendingPulse. In-store sales were up nearly 43% over Black Friday 2020, with department stores up 86.4%. US retail ecommerce revenue was just $285.9 How COVID-19 has transformed ecommerce. million by 2022.

eCommerce 148
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [October 2020]

ROI Revolution

Retail sales, however, continue to decline, down 3.9% retail ecommerce up 44.5% department stores may not survive the pandemic. Will the pandemic be the end of department stores? Department stores’ decline has been masked by the survivors like Macy’s […] But that gig is over. 9/23 update.

eCommerce 193
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2020]

ROI Revolution

Online consumer spend grew the most on Small Business Saturday and Sunday, which saw 30.2% The pandemic has fueled consumers’ support for small businesses , which have faced significant struggles this year. more with online retailers this holiday season , a total of $198.73 retail ecommerce up 44.5%

eCommerce 156