#retail-trends

#retail-trends

Global ecommerce sales are projected to rise to $7.5 trillion in 2026 and exceed $8 trillion by 2027, showing a significant increase and continuous growth.

Mobile technology plays a crucial role in driving ecommerce sales, with 60% of online purchases attributed to mobile devices and mobile commerce sales set to grow further. [ more ]

28% of Shein customers also shopped at TikTok Shop, with Nike being a favorite athleisure brand.

Over 81% of TikTok Shop sales in February came from existing customers, indicating high retention rates. [ more ]

Knowing the customer and offering a personalized shopping experience is critical for success in post-pandemic retail.

Consumers have higher expectations and seek an enjoyable brand experience through a hybrid online/offline shopping scenario. [ more ]

Consumers are becoming more concerned about sustainability when shopping.

Small businesses need to be aware of and adapt to the major retail trends in order to grow in 2024. [ more ]

Generation Alpha and younger members of Gen Z have a more prolific and boundless catalogue at their fingertips for what's 'in' than ever before.

Tweens and teens now see their peers on platforms like TikTok, Pinterest, Instagram and YouTube, amplifying the hyperfocus on trends. [ more ]

Consumers are returning to physical stores with the partial return to the office.

Retailers need to focus on optimizing both physical and digital shelves. [ more ]