Marcia Savage

4 weeks ago | the-future-of-commerce.com | Marcia Savage

With consumer confidence plummeting this year, shoppers are cutting back on all sorts of purchases—even those normally irresistible sweet and salty treats. Snack food sales are dropping as consumer products companies grapple with shifting consumption patterns. Major companies in the CPG industry are experiencing declining snack sales, including General Mills, which reported a 5% drop in net sales for its third quarter and lowered its outlook for the year.

1 month ago | the-future-of-commerce.com | Marcia Savage

0 shares Listen to article Five years after COVID upended everyday grocery shopping, nothing’s gotten any easier for grocers. Inflation-weary consumers, tariffs, and growing competition factor into the top grocery retail trends 2025. Any hope for a semblance of a return to normal after the pandemic chaos was quickly dashed by rising prices that had consumers cutting back on spending and searching for deals.

1 month ago | the-future-of-commerce.com | Marcia Savage

COVID had everyone talking about supply chains. Five years later, volatile business conditions with sweeping tariff changes are putting supply chain risk back in the spotlight. We started the year with US tariffs threatened or imposed on geopolitical friends and frenemies alike, for reasons ranging from countering trade imbalances to applying pressure to stop of the flow of migrants and fentanyl. There’s the potential end of duty-free treatment of a billion low-cost packages a year.

2 months ago | the-future-of-commerce.com | Marcia Savage

President Donald Trump’s tariffs sent shockwaves through the global e-commerce market by targeting a trade loophole, known as the de minimis exception, used by Chinese online retail giants. The tariffs against China, Mexico, and Canada include a provision to eliminate the Section 321 de minimis trade exemption on small packages coming into the US worth less than $800. In September, the Biden Administration proposed limits on overuse of the de minimis exemption.

2 months ago | the-future-of-commerce.com | Marcia Savage

Forget staycations. Travel trends 2025 are all about people getting out of the house to see what the world has to offer. Five years after the pandemic capsized it, the global travel and tourism industry was expected to make a full recovery in 2024 and even surpass pre-COVID levels. In 2025, the industry is projected to reach nearly $956 billion in revenue and grow annually at a rate of 3.9%, according to Statista.