In 2021, the combined revenues of the world's twelve largest e-commerce sites (see methodology) reached US$606 billion. While Amazon, JD.com and Alibaba dominate, Shein has recorded a 60% growth in 2021.
While the economic model based on fossil fuels is changing, mind Retail compiled an overview of European legislation that supports transition to more sustainable retail.
How has the traffic on the major French e-commerce sites evolved over the last two years? What is the behaviour of Internet users in terms of frequency and time spent? While retailers are engaged in a profound transformation of their activities towards digital, retail media and the exploitation of data, Mind Media deciphers trends through a selection of 20 major players in online retail. A study carried out with data provided by Médiamétrie for Q3 and Q4 2021.
In Q1 2022, Amazon posted sales growth of 7.3%, driven by AWS, advertising and services around its marketplace of fulfillment and subscriptions.
Since the beginning of the war in Ukraine in late February 2022, at least 59 retailers have closed operations or left Russia. The data provided by Yale University is key announcements by companies operating in Russia. Decisions range from closure and withdrawl, suspension, downsizing, pausing investments, or maintaining current business. Mind Retail offers our analysis to help understand choices for retailers and online companies.
Based on the Cetelem quantitative study, Mind Retail presents a summary of consumer practices for second-hand products in 2021, and revenues generated for consumers.
To better understand the reasons for Amazon's slowing growth last year, mind Retail analysed revenue evolution by each part of the business, including online sales, third-party services, subscriptions, advertising and AWS. Here is our summary.
Looking at the retail property sector, the average rental values have been falling for two years. From the end of 2019 and the end of 2021, rents fell by 19% for malls and 16% in high streets. Whilst the bulk of decline is in 2020, these two formats are far from recovering growth in 2021. Last year, rental evolutions were still in the red, a sign of a continuing readjustment. On the basis of CBRE data, Mind Retail offers an overview of rental values in the 10 largest European countries, format by format.