Who’s digging into the Q2 US Department of Commerce Census Bureau report so you don’t have to? Our very own retail guru, Jason Goldberg. (You’re welcome!) Check out his key takeaways: 📈 E-commerce growth isn't just a COVID bump. It's up 7.5% in the first half of 2024, making up 22% of Core Retail Sales. ↔️ Retail's winners and losers are more divided than ever. Walmart and Amazon are outpacing overall retail’s 3.1% growth, and Temu, Shein, and TikTok Marketplace continue to see big growth, leaving little room for the rest of the retail market. 🥫 In this inflationary period, general merchandise, value apparel, and food are thriving, while electronics, sporting goods, and furniture lag. Curious about the current retail landscape? Read more and download the Publicis Commerce Data Compendium. https://lnkd.in/ehxSRkiy #Commerce #eCommerce #Retail
The US Department of Commerce Census Bureau has released its comprehensive Q2 report, featuring July retail sales and E-Commerce data. Jason Goldberg shares key takeaways from the data offering a deeper understanding of the current retail landscape. Learn more here: https://lnkd.in/ehxSRkiy _ #PublicisCommerce #Q2data #retail