Tag: Online sales

Record-High Discounts Are Expected During the Holidays Despite Inventory Gluts, Softening Consumer Spending

October 11, 2022
Business & MarketsCompanieseconomyholiday salesinflationMarketsOnline salesUS
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Adobe reported that online shopping sales in the United States will likely hit $209.7 billion during the holiday sales season, as consumers struggle with high inflation and a weakened economy. The software company predicted in its Oct. 10 report that online sales will slightly grow 2.5 percent year over year from Nov. 1 to Dec. 31. Shoppers…

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Online Inflation Accelerates Again After One-Month Pause in July

September 12, 2022
AdobeBusiness & MarketsCompanieseconomyinflationMarketsOnline salesrecessionUncategorizedUS
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Online inflation rose again in August, after slowing down in July, according to the latest Adobe Digital Price Index (DPI) from Sept. 12. Consumer prices rose 0.4 percent last month over August 2021, while rising 2.1 percent month over month. This comes after prices fell 1 percent on an annual basis in July. Fourteen out of 18…

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Online Sales Expected to Reach Record for Boxing Day in Australia

December 23, 2021
AustraliaBoxing DayChristmasInternationalOnline salessalesWorld
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Online sales in Australia are expected to reach a record on Boxing Day, according to data released this week by Commonwealth Bank. The survey of 1,005 people revealed that 60 percent of online shoppers were mainly motivated by convenience, 54 percent want to avoid queues, and 43 percent were happy to avoid traffic. Australian Retailers…

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