[Amazon results] Online sales down and US$3bn losses in 2022… How does Amazon stay afloat? As predicted by the 18,000 layoffs announced last month, Amazon's growth slowed in 2022. While turnover grew by 13% year-on-year, online sales continued to decline and the group's operating profit fell by 50% in 2022.
China. Retail market at a standstill and GDP at lowest level since 1976 Asia Last year, retail sales fell in China in parallel with a sharp slowdown in G.D.P. This is reflected in the Q4 results of H&M, LVMH and Estée Lauder, despite the lifting of Covid-19 restrictions at the end of the year.
USA – Europe: Macroeconomic indicators for December 2022 Americas Europe Evolution of retail sales, inflation rate and unemployment. mind Retail compiled the latest macro-economic figures for the U.S.A and the Eurozone, published in mid-January. According to Eurostat and the Census Bureau, the American economy seems to be the most dynamic.
In 2022, quick-commerce represented 2.3% of sales for French convenient stores According to IRI data supplied to mind Retail, the French quick commerce market has more than doubled in 2022. Here is our exclusive report on the annual study.
[Amazon Results] At nearly US$10 billion, advertising outpaces subscriptions for US giant For the first time, Amazon's advertising revenue exceeded subscriptions revenue in Q3 2022. The services to third-party merchants, the second largest business unit, and AWS remained very dynamic : they generated altogether almost US$9 billion in additional revenue in Q3. Online sales, as Amazon's largest business, returned to growth in Q3 2022 after three quarters of decline.
Ads.txt: which advertising providers do retailers work with? In our study of 100 e-commerce sites worldwide, mind Retail analysed the relationships between retailers' websites and marketplaces alongside service providers responsible for selling their advertising inventory in programmatic mode. E-retail media continues to grow at a significant rate 2 years after the pandemic. Online shopping and associated advertising are now a seamless fact of life for consumers. According to the latest GroupM report in September 2022, retail media is expected to reach US$101 billion in 2022 worldwide, up by 15% year-on-year. This segment accounted for 18% of global digital advertising revenue in 2021. Although the trend is growing, there remain few retailers who are involved in programmatic advertising sales. We read this as a sign of a relative maturity in the market. Out of a study of 100 e-commerce sites, only 22 offered an ‘ads.txt’ file.
