In 2024, the retail industry found itself at the cusp of transformation with the introduction of AI shopping assistants by ecommerce giants like Amazon and Walmart. These sophisticated tools, powered by generative AI, were designed to streamline the online shopping experience, enhance customer
The integration of augmented reality (AR) and virtual reality (VR) into e-commerce platforms is ushering in a new era of online shopping, characterized by immersive "try-before-you-buy" experiences. These technologies have been increasingly adopted by retailers aiming to enhance customer
The UK retail landscape is undergoing a significant transformation as consumers increasingly turn to international e-commerce platforms. With approximately 33% of UK consumers now frequently shopping from overseas online retailers, domestic businesses are under growing pressure to adapt. This trend
The annual Singles’ Day shopping festival, celebrated on November 11, has long been a cornerstone of consumerism in China, boasting massive discounts and record-breaking sales that entice millions of shoppers. Initiated by Alibaba in 2009, the event, also known as "Double 11," has seen p
The rise of e-commerce platforms has brought about a significant transformation in the retail landscape of Philippine malls, altering the tenancy mix and reshaping the traditional shopping experience. Traditional brick-and-mortar stores are being compelled to adapt to the new era marked by reduced
India's e-commerce sector witnessed a significant surge during the 2024 festive season, marked by an impressive revenue of approximately Rs 1 lakh crore ($11.9 billion). This represents a remarkable 23% increase from the previous year, indicating a robust upward trend in consumer spending