Revolutionizing Luxury Retail, Commerce Gets More Social, Amazon Smokes Walmart in Grocery

By  |  November 22, 2021
 | 
Luxury Retail

Facebook Groups’ shopping upgrade makes social commerce even more social. Plus, all the latest news from Amazon and Walmart, and blending digital and physical experiences will trigger a revolution in luxury retail.

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    Data:

    6.2%: Annual inflation rate as of October 2021, the highest since November 1990.

    33%: Amazon’s share of total online food and beverage sales.

    50: Radius in miles of the Zipline autonomous delivery drones used by Walmart.

    190: Number of countries in which Farfetch allows clients to sell, receive payments and handle logistics.

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    $36B: Projected total of U.S. social commerce in 2021.


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