Reported 1 day ago
Shopify President Harley Finkelstein stated that a 'new golden age of retail' is underway, driven by an extended holiday shopping period and the evolution of retail through online and offline channels, especially social media. He noted that the average cart value is $154 this season, with popular brands thriving and a significant rise in subscription box trends. Additionally, social commerce is booming, with over half of young consumers purchasing via platforms like Instagram and TikTok, creating a more engaging shopping experience.
Source: YAHOO