According to a Euromonitor report, local independent restaurants account for 61% of all US restaurants. Within these small restaurants, takeout accounts for a big share of revenues—nearly $67 billion were spent on takeout by Americans in 2013.
According to an eMarketer report published earlier this year, 55% of US Internet users aged 18 and above will redeem digital coupons at least once this year. The number of digital coupon users is expected to grow 8% this year. Within digital coupons, mobile coupons are rising sharply with more than 70% of US adult
Analysts estimate that today nearly 20%-30% of the traffic to US e-commerce sites comes from international IP addresses. The growing importance of international consumers is forcing US-based companies to expand their e-commerce options to global locations. Companies are exploring options of international shipping along with the ability to transact in multiple currencies. Recently-listed Borderfree is
An eMarketer report released earlier this year estimates US retail sales to have recorded a 4% growth this year to $4.53 trillion. The researcher revealed that brick and mortar sales still amount to a major proportion of the retail sales in the country and contributed $4.23 trillion of total sales. E-commerce transactions grew 17% in 2013 to
Many analysts believe that flash sales sites are a passing fad. But, if one looks at players like Zulily and Gilt Groupe, that may not be true. By identifying a niche market space, addressing the target demographic and carefully selecting products to put on sale, both Zulily and Gilt Groupe have become the poster children
An eMarketer report released earlier this year estimates the business-to-consumer e-commerce sales in Latin America to grow 20% this year from $48.14 billion to $57.69 billion. The market is expected to grow to $74.5 billion by the year 2017, translating to a 12% annual growth over the period 2013 through 2017.
An IBISWorld research report published earlier this year pegs the US home goods market which includes furnishings, furniture, and décor products to be worth $30 billion this year. The industry is estimated to have grown 2% annually over the period 2009 through 2014. While the industry is dominated by the traditional brick and mortar stores,
Nomura’s India Internet Research Report released last month projects the Indian e-commerce market to grow from $10 billion to $43 billion in the next five years. Other researchers estimate the Indian e-commerce market to grow to $76 billion by the year 2020. Within the market, Accel Partners estimates that revenues from marketplace revenues or product sales