6 E-Commerce Trends for 2023
January 4, 2023 at 11:17 am

Merchants across the globe are navigating an uncertain economy as they find their way out of a pandemic. They must continuously adapt to various forces to meet shopper demands and drive conversions by applying new technologies and methods. But opportunity still exists for online merchants. Online shopping exploded into a more than $5 trillion market…

Report: 2022 U.S. Holiday Sales Increase Despite Inflation
January 3, 2023 at 4:29 pm

Americans spent more money over the 2022 holiday season than they did the year before despite higher rates of inflation, a new Mastercard SpendingPulse report shows. The report, published Dec. 26, measured U.S. retail sales — excluding automotive sales — between Nov. 1 and Dec. 24, 2022. It found sales increased 7.6 percent over the same period…

Don’t Let Digital Grinches Hijack Your Holiday Shoppers
December 22, 2022 at 3:42 pm

Retailers have plenty of questions on their minds during the holiday shopping season. What will post-pandemic consumer spending look like? What effect will inventory levels and inflation have on profit margins? Will flagging consumer confidence impact brand loyalty? But there’s another crucial question you should be asking: What are the chances that “digital Grinches” will…

Report: 189M U.S. Consumers Shopped on Super Saturday
December 20, 2022 at 4:49 pm

Over 189 million people, or over 73 percent of U.S. consumers, shopped this past Saturday (also known as Super Saturday), according to a survey conducted by ICSC. The data show 71 percent of shoppers spent money on holiday gifts, while 40 percent spent on dining and 22 percent spent on entertainment. The top reason consumers shopped on Super Saturday was…

Retail Sales Decline 0.6% in November
December 15, 2022 at 5:14 pm

Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation for the month, the Commerce Department reported Thursday. Retail sales for the month declined 0.6 percent, even worse than the Dow Jones estimate for a 0.3 percent drop. Measures that exclude autos and both autos and gas sales both…

3 Last-Minute Tweaks to Give the Gift of Personalized E-Commerce Experiences
December 15, 2022 at 4:02 pm

Holiday preparations can be exhausting — from baking cookies to filling stockings, consumers are exceptionally busy this time of year. Shopping for holiday gifts only adds to the stress as consumers are scrambling to cross off the items on their list. Additionally, this season will likely look different as shoppers are currently facing the impacts…

How Small Business Retailers Can Best Position Themselves During the Holiday Shopping Season
December 14, 2022 at 8:35 pm

Over the past few years, the holiday shopping season has crept up earlier and earlier as retailers look to generate additional revenue and target early shoppers. However, this year may prove to be a challenge for small businesses due to a plethora of factors including inflation, supply chain bottlenecks and changes in consumer buying behavior…

Industry Experts on Finding Your Brand's Place in the Metaverse
December 1, 2022 at 11:42 am

While the metaverse may not be widespread in retail just yet, there’s clear excitement among industry marketers about the new business opportunities it presents. This sentiment was made clear during a panel discussion that took place at this year's Total Retail Tech event.

Biggest Online Shopping Day Ever: Cyber Monday Shatters Records
November 29, 2022 at 4:39 pm

Consumers spent a total of $11.3 billion online on Cyber Monday, representing 5.8 percent growth year-over-year (YoY), according to Adobe Analytics. It registers as the biggest online shopping day of all time. In the peak hour (8:00 p.m. to 9:00 p.m. Pacific), consumers spent $12.8 million every minute. On Cyber Monday, online spending was driven by purchases of toys, with sales growing 684…