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Evolving Trends In Retail And The Connected Economy 

The online marketplace Jane aims to meet the needs of smaller boutiques in the rapidly evolving apparel market. In international retail, consumers in Australia still seek out the physical shopping experience, but in very different ways than they have before. And in digital trends, Zoom provides lessons about the connected economy, while in payment methods, contactless payments in the Nordics have continued to increase in popularity. All this, Today in Data.

Data:

2007: Year of the iPhone’s introduction, followed by the birth of the apps ecosystem a year later.

67.1%: Share of Australians who still identify as primarily brick-and-mortar shoppers.

59%: Portion of U.S. consumers who would choose instant payments due to their convenience.

27%: Segment of payors who believe they will lose business if they don’t offer instant payments.

14.5%: Amazon’s estimated share of the apparel market.

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