"Having good market intelligence is no longer optional in this day and age"
Rakesh Pabbi - Senior Partner
Viewing entries tagged
online shopping
With an improving economic outlook and accelerating growth of online shopping since the start of the COVID-19 pandemic, the Retail & Consumer Products practice at FTI Consulting, Inc. projects U.S. online retail sales will reach $865 billion in 2021, with nearly two-thirds of Amazon Prime Day shoppers surveyed saying they intend to spend more during this year’s event than they did in 2020.
The more retailers sell this holiday season, the more will likely boomerang back as returns in the new year.
That's especially true this year due to the surge in online selling, with the ongoing pandemic keeping customers from shopping indoors or limiting their numbers when they do.
As Asia’s e-commerce market flourishes, logistics has taken a dual role as both a core driver and an enabler for the industry.
