Holiday eCommerce retailers, Shein IPO, Omnichannel buyers , Small packages, Temu shakes up global eCommerce...
Holiday eCommerce retailers, Shein IPO, Omnichannel buyers , Small packages, Temu shakes up global eCommerce...
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Reports
The State of Fashion 2024: Finding pockets of growth as uncertainty reigns, McKinsey.
Game Changer: New strategic Pricing Book, BCG.
Retail
_Retailers have a crime problem. It’s in the numbers. The issue is complex and often clouded by imprecise data. Sometimes from the industry itself.
_Omnichannel buyers are more loyal than digital-only buyers…and they spend more.
_Walmart attracting online shoppers faster than other grocers.
_The Top 6 Holiday eCommerce retailers this year.
US ecommerce sales soared on Black Friday, rising 8.5% YoY compared with in-store sales increasing just 1.1% YoY, per Mastercard SpendingPulse.
Cyber Monday spending was up 9.4% YoY, according to Adobe Analytics.
After rapid pandemic growth, ecommerce will make up a bigger share of US retail sales this holiday season than ever before, per our June 2023 forecast.
eCommerce
_As Temu shakes up global ecommerce, PDD nears overtaking Alibaba. On Thursday, news of Alibaba’s market cap sliding under that of PDD made headlines all over the Chinese internet.
_Why super apps have yet to take off in the U.S.
_Temu, Amazon, Shein daily active users comparison.
_As retailers begin to roll out their metaverse strategies for the holidays, virtual stores appear to be the format of choice for many.
_Small packages are causing big problems in the US.
_About Shein IPO:
Gen Z favorite fast-fashion brand files to go public in the U.S.
Filing renews regulatory interest in its labor practices and transparency.
Social Commerce
_Majority of consumers do not trust social apps for online shopping.
_Pinterest begins testing a “body type ranges” tool to make searches more inclusive.
_WhatsApp launches a new Discord-like voice chat feature for large groups.
_TikTok is bringing Logistics to the eCommerce Dance. The viral video platform has put together outsourced logistics operations as it intensifies its competition for U.S. sales
Amazon
_Amazon Cyber Week sales surpass previous years. The eCommerce giant is touting a successful Black Friday and Cyber Monday, despite declining to share exact figures.
_Generative AI: 3 Things Amazon Sellers should consider.
_Amazon to sell cars online, “Hey Alexa, Buy Me A Hyundai”.
_How Amazon-backed Superplastic is trying to transform its toys into “synthetic celebrities”.
_Ten Years of Amazon Drones. Ten years after Jeff Bezos promised half-hour shipping with Amazon drones, the company has made zero drone deliveries. But it now delivers billions of packages yearly using good-old delivery trucks.
