US Digital-Influenced Retail Sales Will Top $3.8 Trillion In 2027
Forrester eCommerce
OCTOBER 12, 2022
trillion in 2027. Forrester forecasts US digital-influenced retail sales to grow from $2.7 trillion in 2022 to $3.8
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Retail TouchPoints
MAY 1, 2023
Uniqlo reportedly plans to expand its North American footprint by 10% by opening 20 to 30 stores annually to reach 200 locations by 2027, Daisuke Tsukagoshi, CEO of Uniqlo North America told Reuters. The Japanese retailer currently has 47 stores in the U.S.
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Retail TouchPoints
APRIL 5, 2023
secondhand apparel market is projected to reach $70 billion by 2027; globally the secondhand market is set to nearly double by 2027, reaching $350 billion. In fact, one in three apparel items bought in the last 12 months in the U.S. was secondhand, and among Gen Z that number was two in five. As a result, the U.S.
Forrester eCommerce
FEBRUARY 26, 2024
Given the current rate of client conversion, fewer than 50% of SAP ECC customers will have completed their transformation to S/4 by 2027. Furthermore, about 13,000 ECC customers are on EHPs 0–5, with support only up to 2025 and calling for an even more urgent decision on the future of their ERP. Moreover, 90% of […]
Forrester eCommerce
AUGUST 2, 2022
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.
RetailWire
MAY 16, 2024
The Mirage Hotel, credited with rebranding the Las Vegas Strip into a luxury resort destination, is shutting its doors this summer.
Forrester eCommerce
MARCH 22, 2023
The Europe-5 markets comprise the top five economies in Europe — in order of size, those are Germany, the UK, France, Italy, and Spain. 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.
Forrester eCommerce
JUNE 6, 2022
This report outlines the potential of the US B2B e-commerce space across 11 durable and nondurable product categories, with historical data going back to 2008.
Retail TouchPoints
MARCH 20, 2024
and $350 billion globally by 2027. Technology to support the resale program is provided by Archive. According to ThredUp , the U.S. resale market is expected to reach $70 billion in the U.S. Timeless design and durability have always been core to our brand, and we’re passionate about offering resale to our U.S.
Retail TouchPoints
DECEMBER 12, 2023
In May 2023 , Uniqlo, which opened its first North American location in 2005, revealed its plans to reach 200 North American locations by 2027. Uniqlo will open more than 20 stores in the U.S. and Canada in 2024, including debuts in new markets for the fast fashion retailer. Tacoma Mall, Tacoma, Wash.
Forrester eCommerce
NOVEMBER 28, 2022
Forrester’s European Open Banking Forecast predicts a doubling of the adoption of open banking across countries, and use cases, from 2022 to 2027.
RetailWire
SEPTEMBER 11, 2023
India’s consumer market is poised to become the world’s third-largest by 2027, following the U.S. and China, as the number of middle- to high-income households surges, according to a report by BMI. Currently in fifth place, a projected 29% increase in real household spending is expected to propel India up two spots.
RetailWire
DECEMBER 6, 2023
McDonald's is experiencing the fastest pace of growth in the restaurant's 68-year history.
RetailDive
APRIL 8, 2024
The upcoming openings will build on Uniqlo's plan to reach 200 stores in North America by 2027.
Retail TouchPoints
JUNE 2, 2022
At its June 1, 2022 Investor Day, Levi Strauss and Co executives laid out an aggressive strategy to propel the company toward revenues of $9 to $10 billion by 2027, by doubling down on DTC and diversifying beyond denim. “We The company said it will focus on “elevating and strengthening” its core brands — Signature by Levi Strauss & Co.,
Salsify
SEPTEMBER 8, 2023
By 2027, Statista predicts that there will be nearly 6 million global social media users. Your customers are browsing social media every day.
Retail TouchPoints
APRIL 15, 2024
The government’s plan is to boost the recycling percentage of household appliances 30% by 2027 compared to 2023. The central government’s plan also calls on local governments to provide funds supporting recycling efforts, including creating recycling systems for renewable resources.
RetailDive
APRIL 12, 2023
Small chains are most at risk due to lack of capital to build an omnichannel offering.
Forrester eCommerce
MARCH 12, 2020
Clients continue to ask about the business case for SAP S/4 HANA — even more so now that SAP has pushed back the maintenance/support window for the predecessor product SAP ERP Central Component (ECC) to 2027 (with extended maintenance options also available beyond that date).
Retail TouchPoints
AUGUST 15, 2023
As services like Amazon Pay expand and go mainstream, the market is expected to top $744 billion by 2027. The global BNPL market grew from $105.15 billion in 2022 to $155.79 billion in 2023 at a compound annual growth rate of 48.2%.
RetailDive
APRIL 5, 2023
That’s down from the company’s estimates last year, which expected the market to reach $82 billion by 2026.
RetailDive
DECEMBER 12, 2023
and Canada and expects to have 200 locations open by 2027. The Japan-based fast fashion company is expanding its retail presence in the U.S.
Retail TouchPoints
FEBRUARY 9, 2024
A group of Farfetch shareholders, calling themselves the 2027 Ad Hoc Group, were vehemently opposed to the Coupang deal and put forth a last-ditch effort to scuttle the sale in late January, but their efforts were in vain.
Retail TouchPoints
JANUARY 4, 2024
Between 2023 and 2027, ecommerce alcohol sales revenue in the U.S. is forecast to continuously increase by nearly 21%, with 2027 total revenue expected to reach $20.48 In recent years, alcohol ecommerce surged throughout the U.S. Worldwide, ecommerce alcohol sales followed a similar trend, growing 43% in 2020.
Retail TouchPoints
MAY 3, 2023
this year as it aims to hit the 1,000 -store mark by 2027, Chairman and CEO Michael Casey said on the company’s Q1 2023 earnings call. Children’s specialty retailer Carter’s plans to open more than 50 new stores across the U.S. Carter’s currently operates nearly 800 stores across the country.
RetailDive
AUGUST 3, 2022
European countries are driving mobile checkout adoption, but the U.S. is catching up, the report suggests.
RetailDive
MAY 31, 2023
Global e-commerce sales now exceed those of specialty retail which, in 2022, was 20% of the overall industry.
RetailDive
JUNE 28, 2022
Cashless systems are growing in popularity, and retailers are testing new features like facial recognition.
Retail TouchPoints
DECEMBER 2, 2022
billion by 2027, exhibiting a CAGR of 17.93% from 2021 to 2027. . According to a recent Research and Market report , the global supply chain analytics market reached $5.8 billion (USD) in 2021 and the market is expected to reach $15.6
TalkingRetail
APRIL 25, 2024
The statement included the announcement of a delay until 2027 and the omission of glass from the scheme… This story continues at Government’s DRS delay announcement welcomed by retail industry Or just read more coverage at Talking Retail
Retail TouchPoints
SEPTEMBER 12, 2023
The Container Store also has plans to add more brick-and-mortar locations; in June 2022 it announced it would add 74 new stores by 2027. The retailer debuted its “Organized Insider” loyalty program in April 2022 and introduced a resale program in May 2023.
RetailDive
AUGUST 8, 2022
Total retail sales are expected to reach $5.5 trillion by that same year, according to Forrester
GetElastic
FEBRUARY 7, 2023
By 2027, 20% of customers who ordered from enterprise marketplaces in 2022 will retreat from them due to ethical concerns and lack of trust.” By 2027, 20% of customers who ordered from enterprise marketplaces in 2022 will retreat from them due to ethical concerns and lack of trust.” Read on for a deeper dive into these predictions.
TalkingRetail
MARCH 27, 2024
The government’s Deposit Return Scheme (DRS) is more likely to be introduced in 2027 rather than 2025, according to Defra secretary of state Steve Barclay MP.
Retail TouchPoints
APRIL 7, 2022
Walgreens is aiming open a total of 600 VillageMD primary care practices by 2025 and 1,000 by 2027. Walgreens has big plans for VillageMD , which the retailer acquired in October 2021.
Retail TouchPoints
MARCH 28, 2022
By 2027, the global last mile delivery market is expected to reach more than $200 billion , nearly double what it was in 2020. “We are excited to expand easy shopping solutions for our members, while also bringing BJ’s wide assortment and exclusive products to new potential members.”.
Retail TouchPoints
JUNE 24, 2022
By 2027, the company aims to reach a combined revenue of $1 billion for Beyond Yoga and Dockers. Beyond Yoga’s entrance into brick-and-mortar retail follows parent company Levi Strauss & Co. ’s s June 1 Investor Day , during which President and CEO Chip Bergh noted plans to grow revenues to $10 billion over the next five years.
Retail TouchPoints
APRIL 11, 2022
The company — which operates 650 locations under the DSW Designer Shoe Warehouse and The Shoe Company banners —announced plans to nearly double sales of its owned brands, from 19% of the business to one-third by fiscal 2026 (the fiscal year ending January 30, 2027).
Retail TouchPoints
FEBRUARY 16, 2024
trillion by 2027 – representing over 20% of overall retail sales. In the U.S., ecommerce spending is estimated to reach $1.7 Additionally, global ecommerce spending could surpass $7 trillion as early as 2025.
Retail TouchPoints
APRIL 1, 2024
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. This same barrier can exist for online shoppers navigating ecommerce sites in languages they don’t understand.
Digital Doughnut
MARCH 29, 2023
and ad spend projected to reach £10.52bn by 2027. Consumers are watching an increasing amount of digital video – nearly three-quarters of the population are now viewing the format – and UK marketing professionals are looking to capitalise on this, with video ad budgets increasing in Q4 2022 by 13.7%
Retail TouchPoints
JANUARY 20, 2022
India is already one of Walmart’s top sourcing markets, and the retailer’s new goal is to sell $10 billion in goods from the country annually by 2027. A dedicated Cross Border Trade team has been set up in India to help sellers onboard and grow on the platform.
Digital Doughnut
OCTOBER 31, 2022
during the forecast period 2019 – 2027, to account to US$ 4,391.7 Mn by 2027. The artificial intelligence in fashion markets is anticipated to account to US$ 270.0 Mn in 2018 and is expected to grow at a Car of 36.9%
ROI Revolution
JULY 11, 2022
By 2027, email marketing is expected to generate $17.9 Between 2022 and 2027, email marketing software revenue is expected to grow by $1 billion – more than double what it was in 2020. E-mail marketing revenue worldwide from 2020 to 2027. E-mail marketing software market value worldwide from 2019 to 2027.
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