蘑菇AV

We estimate ChatGPT will have 77.1 million US users this year鈥攔epresenting nearly 66% of genAI users鈥攚hich gives it a significant head start in reach, visibility, and potential merchant appeal. Our take: Moving into ecommerce is a logical鈥攁nd potentially game-changing鈥攏ext step for OpenAI.

Follow us on Instagram. Episode Transcript:.

Smaller sales can produce big results: Once again, Amazon is using category-specific sales events to drive increasingly cautious consumers to spend.

But now what people are telling us is they're expecting their income growth to weaken. We have two thirds of people expecting unemployment to go up in the year ahead, and that's the worst we've seen since 2009.

Internal inventory: Some smaller retail businesses or manufacturers that rely on goods from China, Vietnam, or Taiwan may struggle to pivot production to the US. On the flip side, local artisans that source materials from within the US and companies that buy used inventory may be better off.

Amazon wants to be where all ecommerce journeys begin: The company is testing an agentic AI-powered feature that helps shoppers buy select products directly from other brands鈥� websites.

And it's funny, you talked about us being just like a 23-year-old brand, and I think what's fascinating from my perspective, is a lot of people say, "How does all of the marketing feel so authentic?" And it's because 23 years ago, the Black Eyed Peas rapped about the brand, believe it or not. You had Venus and Serena Williams wearing us.

Amazon鈥檚 AI can track prices and book trips, pushing advertisers to prep for automation and agent-optimized experiences.

Petco is hoping to gain an edge with its new Uber Eats partnership, which will enable on-demand delivery from all its stores in the contiguous US. It鈥檚 also looking to improve customer satisfaction with shorter ecommerce delivery times and increased order visibility.

Also with us is one of our analysts, Rachel Wolff. Hey Rachel. Rachel Wolff:. Hey, Sara. Sara Lebow:. And also joining us is another analyst, Sky Canaves. Hey, Sky. Sky Canaves:. Hey Sarah. Glad to be here. Sara Lebow:. Glad to have all of you. Okay, let's jump into our most interesting retailers of the month list.

The feature is currently available to a small group of US customers on Amazon鈥檚 app and mobile website; the retailer plans to roll it out to the rest of the country 鈥渋n the coming months.鈥�. Why it matters: Interests could change the way Amazon customers shop.

Connected TV (CTV) will continue accounting for a growing share of US consumers鈥� media time. Nearly 20% of US adults鈥� media time will be spent on CTV in 2025, per our forecast. CTV鈥檚 share of ad spending, however, lags behind consumer engagement levels. Click here to view our full forecast for US time spent with CTV. GenAI continues disrupting search.

The UK is still playing catch up with China and the US. At 拢7.3 billion ($9.1 billion), UK social commerce sales will account for around 4.1% of UK ecommerce sales in 2024. In the US, social commerce will have a 6.0% share of total retail ecommerce in 2024, while in China, it will have a 29.3% share.

Shopify is on an AI acquisition spree: The company鈥檚 latest purchase, Vantage Discovery, will enable it to offer brands genAI-powered search capabilities and improved product discovery.

Some Kohl鈥檚 stores no longer accept Amazon returns: The move, which the retailer says is a temporary test, suggests the partnership may have fallen short of expectations.

Grocery prices have climbed since November, reaching their highest level since October 2023 in February, per the US Labor Department. Economic uncertainty is also growing, with 27.4% of households expecting a worse financial situation a year from now鈥攖he highest level since November 2023, per a New York Federal Reserve survey.

What do Q3 2024 earnings tell us about the state of US consumer spending? US consumers continued to spend throughout Q3, but the lingering effects of inflation made them increasingly discerning about where and when they pulled out their wallets. Who is this report for? Retail and ecommerce executives and marketing executives trying to navigate a shifting retail landscape. Executive Summary.

Companies large and small will net hundreds of billions in US incremental ecommerce and digital ad dollars in the next two years. Who will be the big winners?

Dick鈥檚 Sporting Goods had its best holiday quarter on record: While Q4 comparable sales soared past expectations, the retailer is tempering its outlook due to geopolitical and macroeconomic uncertainty.

Zoom out: That鈥檚 not an insignificant number, considering that 69.8% of the US population are Prime users. But the boycott鈥檚 effectiveness is likely to be hampered by limited awareness: Just 27% of respondents knew that the spending 鈥渂lackout鈥� was taking place.

In the US:. The Trump administration plans to close the 鈥渄e minimis鈥� loophole, which Shein has depended on to avoid tariffs. Potential forced labor allegations could land Shein on the Department of Homeland Security鈥檚 list, effectively barring it from selling in the US. In the EU:. Similar de minimis concerns apply, with stricter customs enforcement to block counterfeit goods.