Menu

Global Scans · Shopping · Weekly Summary


  • [New] Enhanced Digital Capabilities: Investing in and expanding its e-commerce platform could allow Costco to tap into the growing online shopping trend. Yahoo Finance
  • [New] Shop Ads: Sellers can promote their TikTok Shops with the new TikTok Shop Ads, providing more opportunities for customers to discover and make purchases directly on TikTok. Hubspot
  • [New] While the past few years have witnessed explosive growth in online shopping, fueled by pandemic-driven stay-at-home restrictions and the increasing adoption of smartphones and mobile wallets, 2024 presents a unique set of challenges and opportunities. NielsenIQ
  • [New] The online retail and delivery segments are expected to evolve positively again in 2024, given a rising number of consumers that have internet access, growing trust in online shopping, and improvements in delivery services for consumers who may live away from big cities. ESM Magazine
  • [New] Yum China offers its value-focused KCOFFEE range alongside premium Lavazza coffee shops as part of a joint venture with the iconic Italian coffee roaster, which will also supply coffee to its extensive Pizza Hut portfolio. World Coffee Portal
  • [New] Stores will have a reawakening; newer ecommerce players with ties to China will shake up shopping; the retail media network long tail may fold; and AI will continue to push the hyperpersonalization envelope. TBG
  • Social commerce, a form of ecommerce in which a social media platform serves as both a marketing channel and a shopping destination, is expected to grow by more than 50% between 2021 and 2025. IBM Blog
  • Social commerce is one of the biggest online shopping trends reshaping the ecommerce landscape, with social commerce sales predicted to reach $3 trillion by 2026. Fit Small Business
  • Global expenditures on digital transformation initiatives will reach $3.4 trillion by 2026, with software innovation being the driving force behind trends like immersive shopping experiences, redefining the in-store experience, and the rise of plug-and-play artificial intelligence solutions. Total Retail
  • LG Display will present its full lineup of Transparent OLEDs, including the 30 -, 55 -, and 77-inch displays, to present new shopping experiences to retail spaces by creating unique applications through the use of mid-sized and ultra-large Transparent OLED panels. PR Newswire
  • Retailers have made a last-ditch attempt to persuade Chancellor Jeremy Hunt to axe the UK's tourist tax in the upcoming Budget, with new evidence suggesting that reintroducing tax-free shopping will spark a £2.8bn tourism boom. Retail Gazette
  • Rise of e-commerce and omnichannel retail: Online shopping continues its meteoric rise, with e-commerce sales expected to reach $7.4 trillion globally by 2025, representing nearly 22% of total retail sales according to Statista. Hospitality Net
  • Another way retailers will engage their customers in 2024 will be through immersive experiences like virtual reality and augmented reality, virtual events, and social shopping. Board Retailers Association
  • Consumers will continue evolving their shopping habits in various ways in 2024 after three years of fulfilling their pent-up demand for experiences - from the search for a good deal to when and where they choose to buy. Mastercard Data & Services
  • 2024 will be the year that brick-and-mortar retailers will be forced to think beyond incremental improvements in in-store checkout and begin using their physical footprint to support the shopping journey that consumers want. PYMNTS.com
  • At a time where everything is dominated by online shopping, another challenge for retailers in 2024 will be providing a reason for people to physically visit their stores. Grocery Trader
  • Nearly half of 2,000 consumers polled on behalf of Barclaycard said they were using loyalty schemes or vouchers to get money off shopping, while 43% said they plan to cut down on non-essential spending due to rising bills. Sky News
  • UK manufacturers will reduce the range of products to minimize the impact of extra costs on final consumer prices, which could lead to reduced choice in shops with UK production. .foodingredientsfirst.com/
  • The number of mobile shoppers in the US is expected to reach 187 million by 2024, with over 60% of US adults considering mobile shopping a necessity for convenience in online shopping. CS-Cart
  • In 2024, as Canadian retailers look to claim a larger share of consumer spending, many will take advantage of AI tools to create more responsive and engaging shopping experiences and come out ahead. IBM Canada Newsroom
  • Shop price inflation is at risk of accelerating again in 2024 due to retailers facing a wave of higher costs. EMR-NAMNEWS Ltd.
  • Experts predict that as eager as consumers may be for a fresh start in 2024, many will carry forward shopping habits that they adopted in the past year to help manage their budgets as inflation rose. FoodNavigator-USA.com

Last updated: 18 March 2024



Please stand by...

The magic is happening, but it might take a couple of minutes.

Login