Retail
The integration of virtual and augmented reality, the rise of digital fashion, and brands building their metaverse cities—this page covers the trends and news that will influence the future of retail.
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https://ecommercenews.eu/cross-border-ecommerce-reached-237-billion-euros/
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Ecommercenews
The online European cross-border market reached a turnover of 237 billion euros in 2023. This is an increase of 32 percent compared to the year before. European online stores generated 107 billion euros in cross-border turnover.
In 2022, European cross-border ecommerce was worth 179 billion...
In 2022, European cross-border ecommerce was worth 179 billion...
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https://valpo.life/article/new-report-reveals-technology-trends-reshaping-retail-in-2024-and-beyond/
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Valpo
The retail industry is transforming, fusing e-commerce with brick-and-mortar stores to create a more dynamic and interconnected environment. To help retailers understand how technology is impacting and adapting to changing consumer and employee habits, Comcast Business recently released its 2024...
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https://fashionunited.com/news/business/informa-fashion-markets-to-transition-to-mmgnet/2024020858319
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Fashionunited
Informa Fashion Markets, the organizer behind leading events such as Coterie, Magic, Project, and Sourcing at Magic, is undergoing a major transformation to become a new type of fashion ecosystem.
The company announced today that it will be transitioning to a new entity under the name MMGNET...
The company announced today that it will be transitioning to a new entity under the name MMGNET...
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https://www.koreaherald.com/view.php?ud=20240407050163
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Koreaherald
Most South Korean users of recently burgeoning Chinese e-commerce platforms were dissatisfied with various aspects of their services despite their competitive pricing, a poll showed.In the poll conducted by the Korea Chamber of Commerce and Industry recently on 800 consumers with experience using...
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https://wwd.com/business-news/technology/xgen-ai-e-commerce-1236183160/
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Wwd
XGen AI said Tuesday it is unveiling a suite of AI solutions that is "designed to revolutionize digital commerce."
XGen AI described the solutions as "transformative" as it empowers brands and retailers "with automated and verticalized tools that allow them to quickly and effortlessly design and...
XGen AI described the solutions as "transformative" as it empowers brands and retailers "with automated and verticalized tools that allow them to quickly and effortlessly design and...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.textmaster.com/blog/why-translate-e-commerce-websites/
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Textmaster
You already sell your products online, so selling them internationally should be easy, right? That's the idea, anyway. In practice, your website needs to be translated into different languages to reach those international audiences. Even though your website is technically accessible from all four corners of the world, it will not generate any sales if visitors cannot read the product information and sales pages.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://cxm.co.uk/this-week-in-cx-the-cost-of-bad-customer-service/
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Cxm
Happy Friday! 'This week in CX' brings you the latest roundup of industry news.
This week, we're looking at the cost of bad customer service, marketers missing out on personalisation techniques, demands for sustainable shopping, and B2B buying habits.
Key news
Job vacancies in England have...
This week, we're looking at the cost of bad customer service, marketers missing out on personalisation techniques, demands for sustainable shopping, and B2B buying habits.
Key news
Job vacancies in England have...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.nytimes.com/2024/03/27/business/daniel-kahneman-dead.html
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Nytimes
Daniel Kahneman, who never took an economics course but who pioneered a psychologically based branch of that field that led to a Nobel in economic science in 2002, died on Wednesday. He was 90.His death was confirmed by his partner, Barbara Tversky. She declined to say where he died.Professor...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.sitepronews.com/2024/04/19/how-business-data-processing-drives-growth-for-ecommerce/
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Sitepronews
As of 2024, there exists anywhere from 12 to 24 million eCommerce stores online. Needless to say,the competition in the eCommerce sector is fierce, and customers are spoilt for choices on which ones to pick. . As customer demands determine the fate of eCommerce stores, businesses are left catering to all whims and fancies of their customers.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://chainstoreage.com/survey-nearly-half-gen-z-attempting-spend-less-amazon
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Chainstoreage
Gen Z shoppers say that Amazon is too powerful as the company's e-commerce sales continue to increase. A large number of young consumers think Amazon is too powerful, and are attempting to limit spending with the e-commerce giant.According to a new survey from Mintel, while Amazon is the most...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://theconversation.com/debt-wage-theft-and-coercion-drive-the-global-garment-industry-the-only-answer-is-collective-action-220924
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Theconversation
Major fashion brands including Barbour and PVH (the owner of Calvin Klein and Tommy Hilfiger) have agreed to pay over £400,000 in compensation to migrant workers in Mauritius. These workers from Bangladesh, India, China and Madagascar had been forced to pay illegal recruitment fees and, alongside other indicators of forced labour, were allegedly subject to deception and intimidation.
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https://postandparcel.info/154968/news/parcel/doddle-report-reveals-carrier-opportunity-amidst-fragmented-e-commerce-returns-market/
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Postandparcel
One conclusion we can draw here is even if retailers might mark their solutions as 'good' - they haven't figured out the entire process yet. They may not know where their issues lie, find them difficult to address, or lack examples of what good looks like in the market, but they acknowledge they have a problem and want to fix it.
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https://www.cbc.ca/news/canada/montreal/quebec-le-panier-bleu-1.7128802?cmp=rss
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Cbc
After four years of encouraging consumers to buy local, Quebec's online shopping platform, Le Panier Bleu, is shutting down.All outstanding orders will be refunded, and support will be provided to merchants in the coming weeks, the company said in a news release Wednesday.The site was launched...
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https://coresight.com/research/innovator-profile-hue/
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Coresight
What's Inside Coresight Research is an official research partner of Shoptalk 2024, which will take place during March 17-20 in Las Vegas, Nevada. On March 17, 2024, the "Shark Reef" Startup Pitch competition will see 12 early-stage innovators compete to win the Judges' Choice and Audience Choice...
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https://profiletree.com/e-commerce-in-the-middle-east/
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Profiletree
E-commerce in the Middle East has been expanding rapidly, paralleling global trends but also manifesting unique regional characteristics. The digital transformation has not only changed how consumers in this area shop but also how retailers operate, creating a robust and innovative e-commerce...
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https://chainstoreage.com/e-commerce-challenges-benefitted-large-retailers-during-2023-holiday-season
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Chainstoreage
Nearly two-thirds (64%) of consumers surveyed chose to purchase holiday items from Amazon due to the availability of items. New data identifies three challenges that impacted shoppers during the 2023 holiday season.Out-of-stock items, lack of sales and deals and slow shipping speeds impacted...
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https://www.fool.com/investing/2024/04/06/best-stock-to-buy-right-now-amazon-vs-disney/?_tsrc=rss&source=eptyholnk0000202
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Fool
Both of these stocks are beating the market this year.
Most investors want a few proven winners in their portfolios, even if they're focused on growth stocks. The two aren't mutually exclusive. Some established industry leaders still have incredible growth prospects, and they come with the added...
Most investors want a few proven winners in their portfolios, even if they're focused on growth stocks. The two aren't mutually exclusive. Some established industry leaders still have incredible growth prospects, and they come with the added...
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https://www.openpr.com/news/3484183/new-trends-of-mindful-emotional-balance-techniques-market
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Openpr
Growing Demand of the Mindful emotional balance techniques Market Overview 2024-2031: The latest release from Infinity Business Insights titled Mindful emotional balance techniques Market Research Report 2024-2031 (by Product Type, End-User / Application, and Regions / Countries) provides an in-depth assessment of the Mindful emotional balance techniques including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles, and strategies.
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https://365retail.co.uk/top-3-must-watch-e-commerce-trends-in-2024-stay-ahead/
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365retail
As more companies rely on online sales and marketing, the e-commerce landscape is growing. According to Statista, the international revenue hit $6 trillion by the end of 2023 and is projected to reach $6.9 trillion in 2024. If you want to launch an e-commerce business or just plan to stay competitive, it's essential to be aware of the trends that redefine the industry landscape.
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https://www.mdpi.com/2304-8158/13/6/970
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Mdpi
3. Materials and Methods The proposed aim was to evaluate the influence of digital marketing on the behavior of Romanian consumers in choosing Romanian agricultural and food products certified with EU quality schemes. The research methodology relies on the use of a quantitative method, through...
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https://www.forbes.com/sites/garydrenik/2024/05/02/revolutionizing-retail-with-seamless-omnichannel-shopping/
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Forbes
The retail landscape is evolving beyond bricks versus clicks, demanding a unified and complementary strategy that bridges physical stores with digital engagement.
Omnichannel ShoppingAdobeStock_88105448
Imagine a busy executive browsing online and discovering a product at home. Later, during...
Omnichannel ShoppingAdobeStock_88105448
Imagine a busy executive browsing online and discovering a product at home. Later, during...
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https://www.irishtimes.com/ireland/education/2024/04/30/tu-dublin-creating-beacons-for-sustainability-across-industry-and-society/
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Irishtimes
Name: Technological University Dublin (TU Dublin)Location: DublinEstablished: January 1st, 2019Students: 27,000Overview: TU Dublin is the second largest university in Ireland. It has a rich history in providing technical education, with its legacy institutions of DIT beginning in 1887, IT...