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Nov 20, 2024 | 
forrester.com | Oliwia Berdak |Jitender Miglani |Lauren Cevallos
Next week is Black Friday, a day many consumers wait and save for. But saving is not the only option to make the most of the heavy discounts. Black Friday is part of a big holiday shopping season, which is increasingly funded by Buy Now, Pay Later (BNPL). According to Forrester data, last year, some 33% of US and 41% of UK online adults who have used BNPL as a payment option used it more during the holiday shopping season.
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Nov 15, 2024 | 
forrester.com | Jitender Miglani |Lauren Cevallos |Senem Guler Biyikli
Forrester’s US end of year holiday season forecast for 2024 is live!Forrester defines holiday retail sales as the purchase of durable and nondurable goods that consumers make during November and December. These sales don’t include automotive and gasoline sales or spending on services, such as food and drink services at restaurants. What can retailers and brands expect this year?
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Sep 18, 2024 | 
forrester.com | Sucharita Kodali |Jitender Miglani |Cindy Liu
Back to school is a wrap – which means that the all-important holiday season is already underway. Last year, over one-third of US online adults started their holiday shopping in October or earlier – so some of your customers have already made a list and are looking for inspiration and good value from you. In that vein, retailers are gearing up with events in early October such as Target Circle Week and Amazon Prime Big Deal Days.
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Sep 5, 2024 | 
forrester.com | Jitender Miglani |Naveen Chhabra |Cindy Liu
Walmart is the largest US retailer overall, while Amazon dominates online retail. Over the past several years, Amazon’s revenue growth has significantly outpaced Walmart’s, and its profits have also surged. To understand the factors behind these trends, we analyzed their revenues and profits across business segments, geographic regions, and product/service categories. NOTE – For our analysis, we examined the most recent annual financials of both companies.
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Aug 28, 2024 | 
forrester.com | Alvin Nguyen |Jitender Miglani |Paul Ferron
AMD’s acquisition of ZT Systems is the most recent of multiple acquisitions that are part of a strategic effort to strengthen end-to-end AI capabilities. It comes on the heels of acquisitions of Nod.ai (completed Oct 23) and SILO AI (completed Aug24). The acquisition of Nod.ai provided open-source AI software capabilities, while SILO.AI augmented personnel with experience in developing AI models, platforms, and solutions.
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Aug 27, 2024 | 
forrester.com | Jitender Miglani |Tracy Woo |Cindy Liu
US consumers’ income, spending, and savings provides a picture of their financial health. We analyzed data from the US Bureau of Economic Analysis (BEA), specifically that provided in Table 2.1. Personal Income and Its Disposition. Overall, the Q2 2024 BEA data presents a mixed picture of US consumer financial health.
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May 24, 2024 | 
forrester.com | Stéphane Vanrechem |Thomas Husson |Jitender Miglani
Enterprise Architecture Management Suites Are An Architects’ AllyEnterprise architecture management suites (EAMS) are fundamental to running a successful architecture practice. EAMS tools are being used to help architecture teams to manage architecture risk, reduce cost and support organizations proactively manage their technical debt. AI use cases are flourishing in this market freeing up architects time to allow them to focus on higher value tasks.
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May 22, 2024 | 
forrester.com | Thomas Husson |Jitender Miglani |Peter Wannemacher
Paris will be the center of innovation and technology this week. The 2024 edition of VivaTech in Paris is set to be a great success with more than 150,000 in-person visitors. It has become the largest technology and innovation event in Europe with CEOs, C-leaders, VCs, and startups attending from all over the world.
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May 21, 2024 | 
forrester.com | Jitender Miglani |Peter Wannemacher |Gina Bhawalkar
Global retail e-commerce sales rose to $4.4 trillion in 2023, up from $1.3 trillion in 2014. In short, that means that 20% of global retail sales are now online. By 2028, Forrester forecasts that global retail e-commerce sales will grow to $6.8 trillion and capture 24% of global retail sales. Physical stores will continue to play a significant role: $21.9 trillion of the $28.7 trillion in worldwide retail sales in 2028 will still happen offline.
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Jan 24, 2024 | 
forrester.com | Jitender Miglani |Audrey Chee-Read |Tina Moffett
In June 2022, inflation in the US reached a 40-year high. However, by December 2023, it had significantly decreased, per the latest data from the US Bureau of Labor Statistics (BLS). This decline can be attributed to several factors such as US Federal Reserve interest rate hikes, supply-chain efficiencies, and a decline in gasoline prices. Even though inflation has come down, consumers are still feeling the pinch of higher prices.
