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Business
Charts: Ecommerce Share of Global Retail Sales
November 18, 2021 • Adel Boukarroum
It's no surprise that the ecommerce share of worldwide retail sales has been surging. In July eMarketer estimated that share to reach 19.6% this year, a massive 42% increase from 2019. By 2025 the percentage will be 24.5%, according to eMarketer.
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Business
Charts: Ecommerce in the Middle East (Stats, Outlook)
November 11, 2021 • Adel Boukarroum
The Gulf Cooperation Council is a regional, intergovernmental political and economic union in the Middle East. In 2015, ecommerce revenue in the GCC was $5.3 billion, or just 0.4% of gross domestic product. By 2020, revenue had quadrupled to $21.6 billion.
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Local Business
Charts: Physical Retail to Transform Layout, Purpose
November 3, 2021 • Adel Boukarroum
The shift to online buying could prompt physical retail stores worldwide to commit a third of their space for online fulfillment. That's according to Edge by Ascential, a U.K.-based research and advisory firm.