Salesforce Predicts AI Will Drive $194 Billion In Online Holiday Sales

Online retailers are advised to use discounts, customer-friendly return policies, and AI tools to capture sales during the upcoming holiday season as global online sales are predicted to reach $1.19 trillion, with the US accounting for $273 billion, according to Salesforce's holiday forecast.

forbes.com

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9/13/2023

Holiday Sales Growth Slowest in 5 Years as Shoppers Face Budget Pressures

Holiday sales in the United States are expected to grow at their slowest pace in five years, as consumers are cautious due to dwindling savings and concerns over the economy, with online shopping expected to be a bright spot.

9/18/2023

Holiday Retail Sales to Grow Slower in 2023 as Inflation Moderates

Holiday retail sales are expected to increase in 2023 despite slowing growth, with inflation moderating and e-commerce playing a significant role.

9/19/2023

Retail Holiday Sales Slow but Steady as Shoppers Splurge on Electronics and Dining Out Despite Economic Pressures

US retail sales, excluding automotive, are expected to rise by 3.7% over the holiday shopping season, indicating a return to pre-pandemic levels of holiday spending, driven by a more normal inflation environment and consumers' willingness to spend on experiences, electronics, and dining out.

9/19/2023

Amazon to Hire 250,000 Seasonal Workers for Holidays, Far More Than Other Retailers Amid Delivery Network Growth

Amazon plans to hire 250,000 U.S. workers for the holiday shopping season, a significant increase compared to previous years, as it focuses on expanding next-day delivery for shoppers, contrasting with other retailers who are expecting reduced consumer spending and will hire fewer workers.