Shopping

[New] The number of online shoppers worldwide is expected to continue growing: from 1.66 billion in 2016 to 2.1 billion in 2021.
[New] With 85% of the Netherlands' population shopping online in an e-commerce market worth an estimated €23.7 billion, it could be a fertile market for brands and retailers to unlock their selling potential and reach new customers.
[New] More than 165 million people are expected to go shopping between Thanksgiving Day and Cyber Monday this year.
Spending at big brand coffee shops, from Costa Coffee to Starbucks, will reach an all-time high this year, with sales up £1bn since 2015.
By 2021 roughly 93% of UK internet users are expected to do online shopping, the highest online shopping penetration rate in Europe, with Germany, France, Spain, and Italy closely following suit.
Consumers are also less likely to head outdoors for purchases, favoring online shopping instead while the coronavirus exists: With supporting logistics limping back into operation, consumer demand in China could see a short burst in late Q1 and Q2 2020.
Shopping trends are clearly shifting and UK consumers are increasingly shunning the high-street in favour of online platforms, which offer the immediacy expected; 48% of UK consumers intend to increase their use of digital shopping channels.
Services such as the Loop are piggybacking on the growth of online food shopping in UK, where sales are expected to increase by 45% between now and 2024 to create a £16.7bn market.
In the retail sector roughly 93 percent of UK internet users are expected to do online shopping by 2021, the highest online shopping penetration rate in Europe.
By 2024, the World Health Organization will identify online shopping as an addictive disorder, as millions abuse digital commerce and encounter financial stress.
Non-alcoholic beverages are popping up everywhere from shops to world-famous bars - many using what Whole Foods call 'faux spirits', a trend which is predicted to surge even more next year.
With Amazon adding incentives for Prime members to shop at Whole Foods, and Walmart's prevailing strength in online grocery, omnichannel grocery deals will play an even bigger role this year.
Coming early next year, schuh will become the first UK retailer to integrate Klarna's Instant Buy button, allowing shoppers to purchase seamlessly at any point of the purchase funnel.
Though consumers have historically done more holiday shopping in stores than online, this year, it's changing: For the first time, shoppers will spend more time online (54 percent) than in stores (46 percent).
UK retailers should expect a record Black Friday this year and shoppers plan to cut back on non-essential Christmas expenditure.
Further expansion and progression of e-commerce is vast, with figures computing that by the year 2021, roughly 93 percent of UK internet users are expected to partake in online shopping, the highest online shopping penetration rate across Europe.
Online shoppers in India are expected to reach 220 million by 2025.
mcommerce sales are expected to surpass ecommerce sales this year.
The trend of giving and receiving gift cards is expected to continue as online shopping and digital gift cards become even more popular.
Shoppers are expected to splash a whopping £4.3bn this year on gadgets, clothes and toys - but more than two-thirds of sales will be made online.
Retailers have fretted that another round of import of tariffs in mid-December could slow consumer spending this year, which has helped support the U.S. economic engine against global growth headwinds.
Retailers should be pleased with projections for this year's holiday shopping season, especially online-Deloitte' s annual analysis predicts a 14% to 18% percent jump over last year, with total ecommerce sales rising to $144 billion.
The rates burden on retailers is accelerating store closures, job losses and declining high streets and hindering the industry's ability to invest in the stores of the future and in new technology which will benefit UK shoppers.

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Last updated: 29 March 2020