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  1. Jan 26, 2024 · The Influencer Marketing Hub’s report, ‘The State of Social Shopping in 2024,’ found that 98% of customers plan to use social purchasing at least once this year - a huge increase on last ...

  2. Jan 3, 2024 · Yes, inflation and higher interest rates have had their impact, and a gradual consumer pullback has played out as I forecasted in mid-2021 when I referred to 2023 and 2024 as the rebalancing period. 2021 and 2022 saw phenomenal growth in sales and transactions driven by inflation, pent-up demand, and considerable savings accounts. 2023 has been ...

  3. Nov 8, 2023 · That binge helped push credit card debt over the one trillion mark for the first time, a huge surge of 25% since just before the pandemic shutdown in March 2020.

    • Greg Petro
  4. Jan 23, 2024 · According to the Commerce Department’s Census Bureau, retail sales ended 2023 up 5.6% over a year-over-year basis. While these numbers are not adjusted for inflation, sales indicate consumer ...

    • Jill Standish
  5. Jan 31, 2024 · 2024 Retail Predictions: Strategic Insights For Success. By Colin Stewart, EVP Business Intelligence and Kathy Risch, SVP Shopper Insights. This year will be a mixed bag for shoppers. While some are optimistic, one in four are unsure if it will be a good or tough year. Amidst this consumer uncertainty, Acosta Group offers five retail ...

  6. Jan 3, 2024 · IDC forecasts the AR/VR market to rebound in 2024, growing 46.8% year over year thanks to all the new hardware. By 2027, the market is expected to reach 30.3 million units globally. Metaverse is not dead; metaverse hype is. There could be a resurgence of interest in the year ahead.

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  8. Mar 7, 2024 · This rebalancing period is expected to continue in 2024 with Oxford Economics forecasting retail sales to decline year- over-year by -0.6%. Ultimately this will put capturing and maintaining consumer attention into sharper focus for brands in the year ahead with 64% of respondents in Salesforce’s State of Commerce survey indicated that meeting customer expectations is harder than ever ...

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