Joe Santaularia’s Post

🚀 Moves in eCommerce according to ECDB! Walmart, the world's largest retailer, is diving deeper into the secondhand market, offering pre-owned watches, collectible trading cards, and luxury beauty products!   This expansion is Walmart’s answer to growing consumer demand for eco-friendly, budget-conscious shopping options. 💚♻️ #Sustainability and #Recommerce are at the forefront as Walmart competes directly with Amazon and eBay.   Walmart’s marketplace is already a massive success with over 30% growth in sales for the past four quarters. From electronics to beauty, the expansion brings even more options, with luxury brands like Michael Kors and Cartier now available to online shoppers. 🛒✨   While challenges lie ahead, with eCommerce net sales projected to drop by 11% in 2024, the recent 22% increase in U.S. online sales last quarter shows that Walmart’s strategy is paying off. By offering a range of products at different price points, Walmart is catering to a broader audience, proving that profitability and sustainability can go hand-in-hand. 💼💡   Walmart’s push into the used market showcases a future where variety, competitive pricing, and eco-consciousness will dominate the online retail world. 🌍📦 With such a vast marketplace and forward-thinking strategy, Walmart is poised to lead the way.   #Walmart #eCommerce #Sustainability #CircularEconomy #Secondhand #Growth

The e-commerce spend increased by 7% YoY to $331.6 billion in the first four months of the year, according to a report from Adobe Analytics. Shoppers have been opting for less expensive goods in various categories. Online spend for electronics and apparel grew modestly, while cosmetics saw an 8% YoY growth. Grocery shopping online also gained ground with a 15.7% YoY growth. Adobe predicts that groceries will become a dominant force in e-commerce in the next three years. Consumers are increasingly seeking out cheaper products online, particularly in categories like personal care, electronics, apparel, and grocery. Categories with more brand loyalty or higher quality products saw less trade-down on price. Inflation has also impacted the grocery category, with low inflation products experiencing a 13.4% revenue boost and high inflation products seeing a 15.6% dip. Big-box retailers like Target and Walmart are competing for private label shoppers by introducing budget-friendly labels. Target launched Dealworthy, while Walmart plans to introduce Bettergoods. #ecommercesales #onlineshopping #walmart #target #grocery #apparels

The rise of retail media is reshaping the retail landscape, particularly in grocery stores and pharmacies. With strong first-party data, these companies are capitalizing on advertising revenue. However, the trade-offs are becoming increasingly evident, and they’re not always in favor of the shopper. According to James Hercher, AdExchanger, from locked shelves that frustrate customers to online search ads that can mislead, the customer experience is deteriorating. While these changes drive revenue—through private-label sales or ad spending—they risk alienating the very shoppers who sustain these businesses. Amazon and Walmart are already leveraging this friction, with Amazon emphasizing a seamless pharmacy experience and Walmart exploring tech solutions like app-unlockable shelves to improve shopping trips. This article reflects the question: we at a tipping point where retail media’s incentives clash with shopper needs? Retailers might find short-term gains, but the long-term costs of eroding customer loyalty could be steep. How do you see retail media impacting the future of shopping? Are retailers compromising too much in the name of data and revenue? https://lnkd.in/gkMhGYHu

Retailers are innovating more than ever to capture consumer spending. As reported by Jena Greene Warburton, TheStreet, with the shift from traditional mall shopping to the convenience of online purchases available anytime, companies face new challenges and opportunities. To stay competitive, retailers are enhancing customer experiences with benefits like fast shipping, flexible returns, exclusive perks, and loyalty-based cash back. For those maintaining a physical presence, creating an engaging in-store experience is key. Target, for instance, is incorporating Ulta beauty shops into over 250 locations, offering a mix of high-end and budget-friendly products. Walmart is also expanding its beauty offerings with new premium and exclusive brands. Online retailers are equally as active, with Amazon is launching its Summer Beauty Haul from May 13-19, featuring a $10 credit on beauty purchases over $50. The retail landscape is evolving rapidly, and companies that adapt to meet consumer demands—both online and offline—will thrive. How is your business innovating to keep pace with these changes? #HalifaxWest #WinTogether #capitaladvisory #MandA #restructuring #operatingadvisory #RetailTrends #CustomerExperience #Ecommerce #InStoreShopping #Innovation #Target #Walmart #Amazon https://lnkd.in/dzgunZxh

Indeed, eCommerce is on the rise. According to data from the CNBC/NRF Retail Monitor, reported Tuesday (March 12), sales at online retailers and other non-store merchants were up 18% year over year in February. Retail giant Walmart shared in its latest earnings report that overall eCommerce sales surged 23% in the quarter, and eCommerce net sales globally represented about 18% of the net sales logged in the quarter, which stood at $173.4 billion. Walmart’s future, CEO Doug McMillon said, lies with omnichannel efforts, “where we simultaneously strengthen our stores and clubs and build a more compelling eCommerce business.” #omnichannelretail #consumerinsights

Ecommerce is here to stay and grocery stores are no exception. Target and Walmart recently emphasized in their earnings calls the importance of an omni-channel approach, allowing customers to engage with brands through multiple touchpoints. Today's Super Market News predicts a decrease in grocery sales over the next five years with ecommerce dominating the industry. Are you leveraging ecommerce and different omni-channels to drive your next breakthrough result? #Buisness #Ecommerce #Execution #grocerystores https://lnkd.in/gNJYsiBf

💸💥 E-Commerce To Hit $6.8 Trillion By 2028, Yet Physical Retail Will Prevail According to a recent study by research firm Forrester, e-commerce is projected to increase from $4.4 trillion in 2023 to $6.8 trillion by 2028. This growth signifies that online sales will account for 24% of global retail transactions and remain crucial for brands. Despite this, physical stores will continue to dominate, with an anticipated $21.9 trillion out of $28.7 trillion in global retail sales in 2028 occurring offline. This underscores the ongoing significance of investing in physical retail presence. #ecommerce #amazon #walmart #ebay

IS TARGET RAISING THE FLAG IT WANTS TO GROW ITS MARKETPLACE?! Target is signaling it wants to lean into growing their marketplace, and yes, mimic Walmart, with its new Shopify partnership. Why? Walmart has reaped benefits from WFS and Retail Media by growing its marketplace. See video below in comments, these are all highlighted as their marketplace value proposition to sellers. Target is looking to accelerate sellers more quickly, and being integrated with Shopify allows some faster scaling. Walmart did start with Shopify as well. It is a starting point. However, Walmart Marketplace grew most by allowing international sellers, China. Will Target's marketplace growth become as large as Walmart? No. Operations are not setup to support it but expect some change would have to come to reap the benefits. Target would have to forgo its stricter vendor approval process, a risk for Target's tighter brand. Today, Walmart approves sellers in minutes with verified business accounts and selling history. It didn't start that way. #target #retail #ecommerce #marketplace #shopify

"Along with category rankings, the report identified pain points in the customer experience and the amenities that shoppers say they value the most. Unsurprisingly, Ipsos noted, reliability and accuracy emerged as key factors in these rankings." - Chain Store Age Feel free to reach out if you'd like to access Ipsos' latest grocery ecommerce report. Read more here: https://lnkd.in/ez6H5Cxy Target, Walmart, Albertsons Companies #ecommerce #ecommercetips #groceryindustry

Pure play ecommerce retailers, which focus exclusively on online channels for sales, are recognising the value of having a physical presence 🏬 While online retail still constitutes a significant portion of overall retail sales, with the Office for National Statistics stating at the end of last year that online sales are up by almost a fifth (16.2%) when compared to their pre-pandemic level in February 2020, over the last year we have seen these volumes plateau, with online shopping today accounting for just over a quarter (25.7%) of total retail sales (compared to its pandemic peak of 37.8%). To read more, please see link below; https://lnkd.in/ewqXZVcM Michael L. #SavillsRetail #Retail #PhysicalStores