We expect social commerce sales in the US to reach $101.38 billion this year, driven by existing buyers increasing their spending. While social commerce plays a smaller role in holiday shopping, it's popular among Gen Z, who are more likely to make purchases influenced by creators. TikTok and Facebook are the top platforms, with apparel brands poised to benefit the most.
Article
| Oct 7, 2024
Ikea’s price cuts led to lower revenues but higher sales volumes and traffic: Ecommerce’s share of sales also grew, as the retailer added more pick-up-only locations to its store fleet.
Article
| Oct 10, 2024
Consumers plan to return to malls this holiday season, shop more in-person: Mall visits are expected to rise 18%, which is good news for department stores—although Amazon, Walmart, and Target remain top destinations.
Article
| Oct 3, 2024
And it does often foster rival sales. This year, what was interesting online is, it also provoked or sparked rival sales, but they weren't necessarily in line with Amazon. Targets started at the very first day of October, and sales are all over the place. Wayfair's is a few weeks after Amazon sale.
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| Oct 25, 2023
It was only a few months ago that the US Consumer Product Safety Commission voted to hold Amazon legally accountable for failing to warn about 300,000 customers about the life-threatening risks of more than 400,000 products sold by third-party sellers on its apps and platform.
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| Oct 1, 2024
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Source: eMarketer
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| Jun 1, 2023
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| Feb 7, 2025
Source: Comscore Inc.
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| Aug 1, 2023
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Q3 US auto sales fell around 2% YoY: Sticker shock is restraining demand and causing some consumers to opt for lower-priced vehicles.
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| Oct 2, 2024
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| Dec 1, 2023
Source: Ä¢¹½AV