There is no question that surging inflation can be a challenge for most industries around the world, and US retail is no exception. Inflation often leads to higher costs for retailers, forcing them to pay more to restock their inventories and ultimately reducing their profit margins. Furthermore,
In the dynamic world business-to-business (B2B) e-commerce, forging and nurturing strong online relationships is the key to long-term, lasting success. And as industries increasingly pivot toward digital platforms for procurement, collaboration, and sales, the importance of these connections in the
As technology advances, so does the landscape of e-commerce. It’s only natural for businesses to seek innovative ways to connect with their customers and enhance their offerings. With the promise of growing revenues and expanding market reach, e-commerce enterprises are keen to stay abreast of the
The e-Commerce sector in the United States has experienced remarkable growth, with sales in the first quarter of 2023 reaching $272.6 billion. These figures, adjusted for seasonal variation, but not for price changes, represent a 3.0 percent increase (±0.7%) compared to the fourth quarter of 2022,
The retail sector continues to play a vital role in the American economy, driving growth, creating jobs, and supporting consumer spending. This boosts economic development, so it comes as no surprise that analysts and policymakers have started to voice concerns as sales began to drop. According to
Attempting to predict the future is never easy, especially when it comes to retail and e-commerce, two industries that are regularly impacted by new trends and disruptions. However, these new trends and changes can also provide online retailers with opportunities to analyze new data, make better
Inflation remains one of the most important issues facing the US economy at the moment. According to Statista, US prices rose 8.2 percent in September, compared to the corresponding month in 2021. The monthly inflation rate for American goods and services continues to undergo changes that have both
Sustainable change in food value chains has become essential to political, scientific, and economic discourse. In the US alone, about 108 billion pounds of food is wasted each year, according to the non-profit organization Feeding America . That represents approximately 130 billion meals and more
People in the US and abroad have faced many problems in recent years, from the COVID-19 pandemic and its lingering effects, to a new war in Europe. But now that the healthcare crisis has ended and people’s lives finally getting back to normal, retailers can focus on developing new advertising
In recent years, the role of e-commerce within companies changed dramatically. The COVID-19 pandemic has forever affected the way consumers and businesses interact and trade. Once you factor in the unique circumstances we are still facing, it’s clear why companies across all industries must address
