Retail and Ecommerce

It’s Retail and Ecommerce Time 2023- Entering the next level

Highlights of the report

The pandemic had put retail and e-commerce into a transformational path. In the past one year, the retail and e-commerce industry had experienced both positive and negative impacts. Consumer spending increased towards sectors such as travel, food and recreational services and the consumer behaviours became more volatile which lead to a situation where the consumer trends were unpredictable.

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Most of the traditional brick and motor stores started implementing their own e-commerce website as the number of consumers buying online surged during the pandemic and people spent more time on online platforms as they were staying at home due to the pandemic restrictions.

 According to a study by Statista, Amazon.com had the highest monthly traffic of about 3.2bn visits and ebay.com had the second highest monthly traffic of about 589.1mn visits. Walmart.com and aliexpress.com had the third and fourth highest monthly traffic, respectively.

 In 2023, the global retail sales is expected to grow by ~5% due to inflation, but retailer’s profits will decline due to lower sales volume and higher costs. Retail employment is not expected to fall back to historical levels as automation is expected to limit wage growth.

• Executive Summary

• E-commerce
– Zalando
– eBay Inc.
– JD.com, Inc.
– Alibaba Group Holdings Ltd.
– ETSY Inc.
– Shopify Inc.
– Amazon.com, Inc.
– FSN E-Commerce Ventures Ltd.
– Rakuten Group Inc.
– Farfetch, Inc.
– Americanas SA

• Retail

– TJX Companies, Inc.
– Ross Stores, Inc.
– Best Buy Co., Inc.
– Home Depot, Inc.
– Target Corp
– Lowe’s Companies Inc.
– Dollar General Corp
– Kroger Co.
– Walmart Inc.
– Costco Wholesale Corp
– Foot Locker Inc.
– Adidas AG
– GAP Inc
– Nike Inc.
– Urban Outfitters, Inc.
– Lululemon Athletica Inc.
– H & M Hennes & Mauritz AB
– Campbell Soup Co.
– J. M. Smucker Co.
– PepsiCo Inc.
– Coca-Cola Co.
– Kraft Heinz Co.
– Hershey Co.
– Kellogg Co.
– Mondelez International
– Tata Consumer Products Limited
– McCormick & Company Inc.

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It’s Retail and Ecommerce Time 2023- Entering the next level

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