📦 The Order : Weekly Roundup - Black Friday Stats
Issue #138
Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the Week 📈
As Marketplace Pulse titles, US eCommerce to exceed $1.1 Trillion in 2023. Growth continues, though at lower rate:
Black Friday Spotlight 🦈
Black Friday shoppers spent a record $9.8 billion in U.S. online sales, up 7.5% from last year [CNBC]
Black Friday online buying hits a record $9.8B in the US, $70.9B globally [Techcrunch]
U.S. retail sales on Friday, November 24 were up +2.5% year-over-year (not inflation adjusted) [Mastercard]
Amazon hit by strikes, protests across Europe during Black Friday [Reuters]
Brands on TikTok Shop are using livestreams to ramp up sales for Black Friday and Cyber Monday [Modern Retail]
Shopify BFCM Spotlight: https://bfcm.shopify.com/
Strategy 🦈
Amazon Shoppers Can Buy a Hyundai Online Starting Next Year [Bloomberg]
6 easy ways to support small businesses in Amazon’s store this Saturday [Amazon]
US eCommerce to exceed $1.1 Trillion in 2023 [Marketplace Pulse]
Amazon hit by strikes, protests across Europe during Black Friday [Reuters]
Temu, Amazon, Shien daily active users comparison [ChannelX]
After an investment from Kim Kardashian’s firm, Truff enters its next phase of growth [Modern Retail]
In an attempt to turn profitable, Allbirds is relaunching its original shoe [Modern Retail]
Events 🎤
National Retail Federation - Retail’s Big Show, Jan 14-16, New York, NY
The Fortia Group’s eCommerce Summit for Acquirers, Jan 16, New York, NY
ShopTalk, Mar 14-16, Las Vegas, US — Exhibitor opportunities
Big week coming up - make it week count 🙌
Christian