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In-store styling, traditionally offered by luxury department stores, may become more popular among fast-fashion brands, with some help from technology. For example, H&M鈥檚 SoHo store in New York City features smart mirrors in the fitting rooms that can identify customers鈥� products and provide personalized recommendations.

Retail: Includes mail order/catalog, restaurants/fast food, drugstores, retail stores, cosmetics stores and apparel merchants, home furnishings/textiles, toys, pet food/supplies, appliances, jewelry, and general merchandise. Travel: Includes airlines, car rental agencies, hotels and resorts, cruise lines, and destination marketing organizations for both leisure and business travel.

More brands will take up Shein鈥檚 on-demand technology and marketplace to compete with larger fast-fashion players. Temu could try appealing to inflation-weary consumers by introducing the gamified, group-buying grocery shopping concept that made sister app Pinduoduo enormously popular in China.

鈥淥ur advertisers, both consumer packaged goods (CPG) brands and restaurants, can utilize our data, find display or other Trade Desk inventory across the wider web, and then bring it back to DoorDash in a closed-loop fashion, so they can actually track attribution,鈥� said Toby Espinosa, vice president of DoorDash Ads.

Gap Inc expects its brands to be 鈥渢he winners in any challenging market鈥�: The retailer is confident its focus on product innovation, newness, and social buzz will insulate it from economic pressures.

Computers, electronics, and apparel lead the way, while grocery and auto parts lag. Amazon is the dominant ecommerce player. The company commands a 45.2% share of ecommerce sales this year, capitalizing on limited domestic competition. Ecommerce sales penetration is plateauing in Canada. Online sales are leveling off after a decade of high annual growth.

Restaurant spending led the gains, jumping 6.3% YoY, along with goods categories such as jewelry (4.0% YoY), electronics (3.7% YoY), and apparel (3.6% YoY). Department stores continued to struggle: Sales rose just 1.6% YoY. The trends: A fuller picture of the holiday season will emerge after the new year, once data includes the critical post-Christmas week.

Three-quarters of the retailer鈥檚 share gains in 2024 came from higher-income consumers visiting Walmart for groceries and general merchandise like apparel. They鈥檙e also willing to pay more for faster delivery options. Walmart is courting those customers with a broader array of premium products across a number of categories, including grocery, beauty, and apparel.

This is the first installment of our 鈥淩etail and Ecommerce Sales Benchmarks鈥� series, which helps retailers calibrate their sales mix against the market.

This is the first installment of our 鈥淩etail and Ecommerce Sales Benchmarks鈥� series, which helps retailers calibrate their sales mix against the market.

This is the first installment of our 鈥淩etail and Ecommerce Sales Benchmarks鈥� series, which helps retailers calibrate their sales mix against the market.

This is the first installment of our 鈥淩etail and Ecommerce Sales Benchmarks鈥� series, which helps retailers calibrate their sales mix against the market.

This is the first installment of our 鈥淩etail and Ecommerce Sales Benchmarks鈥� series, which helps retailers calibrate their sales mix against the market.

This is the first installment of our 鈥淩etail and Ecommerce Sales Benchmarks鈥� series, which helps retailers calibrate their sales mix against the market.

While the fast-fashion-oriented Shein has struggled to develop its marketplace, TikTok Shop has been more successful. The platform reportedly generated about $1.7 billion in US sales in 2023 after debuting in August. TikTok has a target to increase gross merchandise value to $17.5 billion in 2024 by aggressively courting brands, sellers, and influencers.

Platform-driven content moderation is falling out of fashion. Meta鈥檚 content moderation makeover could help justify spending on X. In the US, Meta is replacing its third-party fact-checkers with Community Notes, an X-like program that relies on users to add context to some violative and misleading content on its platforms.

Our take: As usual, CES didn鈥檛 disappoint with all of its new tech, which also delved into holographic displays, AR headsets, and video gaming accessories. The future is more automated than ever. While automation and AI might simplify daily life in some ways, in others, we can expect them to replace jobs and limit privacy鈥攏ot just for those who purchase the tech but also for unwitting bystanders.

Demand for discretionary goods such as apparel and beauty remains subdued: Sales in the two categories fell 4.5% YoY and 26.5% YoY, respectively, in November, per the National Bureau of Statistics of China. Even in sectors where demand is recovering, such as travel, Chinese consumers are being more measured with their spending.

Still, Shein remains a heavyweight in the US and UK fast-fashion scenes as younger shoppers snap up its cheap, trendy products.