HAPPY THANKSGIVING . Internet now reaches 65% of the global population. The total data consumed globally in 2021was 79 zettabytes. In one minute, 6 million people shop online. China Singles Day which ended November 11 generated 139 billion dollars. Through October, USA retail sales are up 18%. Expect 34% less discounts in electronics, 75% less in sporting goods, 82% less in tools this holiday season. The 7 winning retailers tech for 2022
North America companies ordered nearly 29,000 robotics units in the first nine months of 2021. Total robotics sales for the first nine months of the year were $1.48 billion, topping a previous record. From the Economist, here is a quick list of the 22 emerging technologies to watch in 2022. From Forrester, the three types of AI in 2022. The COVID-19 pandemic, while winding down, has permanently changed the course of business for many firms and industries.
Top 3 for choosing online retailer: free shipping (66%), competitive pricing (60%), and product in stock and ready to ship (53%). More than half (52%) of online shoppers surveyed will make at least half of their holiday gift purchases on Amazon. 54% of grocers are increasing their year over year technology spend. 74% of grocers report that the tight labor market is a major obstacle. Seven in 10 respondents prefer to shop in-store for groceries.
LPRC Europe launched in London UK. Consumer delivery preferred methods: China 26% wanting drones and 31% robots; USA.22% want drones and 17% robots.The top 25 college degrees by pay and demand are all in STEM subjects. NRF expects holiday sales to rise between 8.5% and 10.5%. Eighty-six percent of retail CEOs are ‘confident’ to ‘very confident’ about growth next three years.
The longest COVID-19 lockdowns were in Melbourne Australia with 262 days. Top 5 most trusted groups of people of 2021. Top 5 least trusted are.....Six in 10 retail executives are also worried about receiving holiday orders on time. 40% of shoppers remain anxious about shopping in stores, down from 51% in 2020. Santa Claus will still arrive this year, provided you shopped early for your special holiday gifts.
What Happens on the Internet Every Minute in 2021. $6 million spent shopping online. Where is E-commerce growing the fastest. World wide E-commerce will grow 47% to nearly $4.2 trillion by 2025. Where is Pasta Always on the Menu. 10 Touchle.ss Trends to Watch in Retail in 2021
Top 5 five countries with the most people behind bars per 100,000 of national population, Ten Brands Founded 10 years Ago in USA and How they have Succeed. The Impact of the Delta Variant on Consumer Shopping Trends. 76% of shoppers loaded up on cleaning supplies last year, compared with 63% in July.
When will your country recover from the pandemic? Which companies belong to the elite Trillion Dollar Valuation Club? NRF USA Retail Security Survey 2021. Despite the many new avenues for shrink, the overall rate of shrink remained relatively steady compared with 2019. While that can be seen as good news, it is worth noting that it remains above the five-year average.
Year to date for 2021 through July overall USA retail sales in the key sectors are up18.8% and excluding pure play online, retail sales grew 19.2%. Amazon reportedly is planning to open department stores. The number of chains adding stores increased 66% in 2021. The number of chains closing stores decreased 67%. For every chain closing stores, 4.3 chains are opening stores.
Top 3 countries leading full COVID19 vaccinations: UAE, Bahrain, Israel. Global COVID19 cases climb to 200 million. the pandemic has had a significant impact on shipping costs, which have increased by around 350% since May 2020. There are 1.88 billion websites today. 65% of consumers have cut ties with a brand over a single poor customer service experience.
57% of respondents plan to conduct the majority of their holiday shopping online. Interested in following virtual experiences this holiday season: Virtual showrooms 45%; Viewing products in augmented/virtual reality 44%; Shopping while watching a livestream 34%. In one minute $1.6 million is spent shopping online. Share of in-store sales will decline to 62.4% by 2025, down from about 70% this year and from 87% in 2015.
The global economy is now experiencing a fast recovery with growth likely to approach 6% in 2021 and continue at 4.6% in 2022. USA retail sales are expected to grow between 10.5% and 13.5% in 2021. China 2021 retail sales are expected to grow 14.7%. Retailers in the U.S. will spend $223 billion more in the second half of 2021 than in the same period in 2020. Trends that will define 2021 and Beyond: Six Months On,
The top 3 and percentage that Americans report these aspects of their lives have returned to normal: 59% socializing with friends and family; 52% shopping; 51% Parenting / Raising children. It costs $725 in USA to start a business. Only $166 in Canada and $1464 in Mexico.It only costs $17 in UK to start a business. $320 in France. $741 in Spain, and $528 in Germany.. Top 3 reasons that would encourage shoppers to buy directly from brands: 58% better price; 51% Free Deliver; 36% Free Returns.
As of July 4, 2021, 172 million people in the U.S. (67 percent of the adult population) have received at least one dose while 156 million (46 percent) are fully vaccinated. Vermont currently leads the U.S. by share of inhabitants fully vaccinated. North America’s current mood is happy. Consumers returned roughly $428 billion in merchandise last year, or about 10.6% of total retail sales in USA. Back to School USA spending represents a 16% increase from 2020 and is also greater than pre-pandemic levels.
The top 3 countries leading with vaccinations. 56% of global consumers are more price oriented. 54% are focused on saving, 51% are digital, 50% are more eco-friendly, 49% are more healthy, 46% are more data conscious, , 43% want to shop more local. What’s it like to travel internationally during COVID-19?