With its forecast impacted by an Amazon promotion it expects will draw considerable purchasing into October, Adobe stated that it expects online holiday-period sales in the United States to grow just 2.5% year over year, reaching $209.7 billion. Over the November 1 to...
According to Adobe, online inflation ticked down in June to 0.3% on an annual basis and dropped 1% month-over-month even as grocery prices continue to increase. Consumers spent $74.1 billion online in June, up 1% year over year, Adobe reported. Consumers spent more...
The summer’s major retail events, including Amazon’s Prime Day, are on the way, An Adobe Commerce study reveals many consumers, concerned about issues such as inflation, are less willing to spend money on discretionary items during the summer sales as they prioritize...
Retail is changing and a range of market research indicates that its direction is to give consumers more choice. According to the Adobe Digital Economy Index, online spending in the United States grew 8.6% in the November 1 to December 31 period to an all-time high of...
Adobe announced that it expects online holiday sales to reach $207 billion and digital sales for 2021 to eclipse $4 billion, but the road through the end of the year may prove bumpy. The holiday online sales figure represents a 10% increase from 2020 for the period...