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Double-digit inflation and stagnant economic growth have hit Latin America鈥檚 retail industry. Retail ecommerce sales growth in the region decelerated to its slowest rate on record last year, but we expect it to reaccelerate in several key markets. Here are our latest forecasts, along with new breakouts for Chile, Colombia, and Peru.

While that includes a shift to digital, a key part of it is also leveraging its retail business as a gateway to the company. Retail locations can help to bring in new customers and tie users closer to the brand by cross-selling other products in-person. At the end of 2023, Western Union opened 100 new retail locations in Europe. It plans to "significantly expand鈥� its locations through 2025.

The forecast: US consumers are expected to spend $34.1 billion on Mother鈥檚 Day gifts and experiences this year鈥攗p 1.8% YoY, but still shy of the record $35.7 billion in 2023, per the National Retail Federation. Zooming in on flowers: Nearly three-quarters (74%) of consumers plan to buy flowers, making them the top gift choice.

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Efforts by key retail partners such as Walmart to curb retail theft by locking up products also affected sales, Hieronimus said. Looking ahead: For all the difficulties it faces in the US, the company is better positioned than most beauty brands to navigate tariffs.

After three years of wild fluctuations in retail and ecommerce sales growth, a sense of stability and normalcy is slowly emerging. A healthy if unspectacular rebound for ecommerce is in the cards, and most national markets are heading in the right direction.

Retail media platforms like Amazon offer many of the same benefits that social platforms do, including a large and engaged audience, targeted advertising, and ecommerce integrations. A burgeoning list of companies are throwing their hats in the ring in the US, Europe, and Latin America; the threat of retail media to the social platforms鈥� future ad revenue growth cannot be ignored.

Alibaba, Amazon, and Mercado Libre dominate retail ecommerce in different parts of the world. Here鈥檚 a look at how these marketplaces stack up, in seven charts and graphics.

Amazon can stake a claim as one of Canada鈥檚 top mass merchants, even without having physical stores. It has reached this milestone after more than three years of accelerated retail ecommerce in the country.

On Running鈥檚 marathon win streak continues in Q4: The buzzy running brand reported record profits and a 36% YoY jump in sales, with some help from Roger Federer and Zendaya.

What would be the impact on Canada鈥檚 retail sector? Retail and ecommerce sales will decline, with the extent of the impact dependent on the severity of the trade war. Statistics Canada reported that retail sales in January fell by 0.6% and by 0.4% in February, the first back-to-back month declines in two years.

Shein claims it turned a profit in the first half: With rumors of a US IPO swirling, the company says its sales volume growth accelerated and profits improved this year. (This article was written with the assistance of ChatGPT.)

Walmart sees growth opportunities regardless of the macroeconomic environment: The retailer looks to boost its international sales, improve its digital presence, and expand its retail media business.

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