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How YouTube aims to take a piece of the social commerce pie

Inside Retail

According to eMarketer, social commerce sales hit US$67 billion in 2023 and are expected to reach up to US$144.5 To put that into perspective, social commerce sales were barely US$27 billion in 2020. And via ads and subscriptions, these viewers fund our creators and drive the eyeballs and engagement our advertisers want.”

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Dan Murphy’s MD talks digital channels and drinks innovation

Inside Retail

In the future, we believe customers will still want to visit physical stores, but they will do so for experiences and to engage with others, rather than just picking up a bottle. per cent in 2020. This is why] we are focusing on format innovation to meet the changing needs of customers.” per cent over the year.

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It’s not e-commerce anymore – it’s just commerce

Inside Retail

From 2020-22, retailers took the opportunity to accelerate their digital transformations. For many, this meant bringing forward investments in e-commerce to sustain a level of sales activity. Secondly, having a strong e-commerce channel enables customers to find products online that they may have struggled to locate in-store.

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Retail Returns Increased to $761 Billion in 2021

VMS

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. retail sales, which soared to $4.583 trillion in 2021. “As retail sales last year. percent of total U.S.

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How Malaysian department store Pavilion is connecting with customers

Inside Retail

In fact, China saw its economy strengthen in November 2020, with retail sales expanding by five per cent. Hopefully, as vaccines roll out across Southeast Asia, and the eventual relaxation of the MCO, will set the retail industry firmly on the path to recovery and growth. Strategically located on a gross area of 3.48

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Choosing the Best Materials for Visual Merchandising Concepts in Luxury Retail Stores

Retail Focus

It is essential in retail display design to consider the different geographical locations of your physical store as climate, temperatures, and weather change across the globe. . Some materials may not suit particular locations and hinder the implementation of the campaign in global stores.

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Former INTU Shopping Centre set to transform into West Midlands leading lifestyle destination

Retail Focus

Mark Robinson, co-founder of Ellandi, commented: “Despite the pandemic, Merry Hill has seen footfall outperforming city-centre locations and other super-regional shopping centres, but we can’t rest on our laurels. million people within a 45-minute drive of the destination. “We

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