???? Retail in Europe Is BOOMING by 2029!
What’s driving the €2.7 TRILLION comeback? Let’s break it down ????
????️ Europe-5 (UK, FR, DE, IT, ES) retail sales will hit €2.7T by 2029
???? Online shopping alone? €565B — that’s nearly 21% of total sales!
???? Key Growth Drivers:
✅ Falling inflation & interest rates
✅ Rising incomes & employment
✅ Tourism rebound = more spending ????
✅ Discretionary spending bouncing back
???? Online retail?
???? 2/3 growth = more spent per buyer
???? 1/3 = more online buyers
???? Platforms like SHEIN, Temu, AliExpress gaining traction
???? Offline is NOT dead!
???? Omnichannel retail = stronger in-store + online synergy
???? Click-and-collect, try-before-you-buy, & instant gratification still matter!
????Decathlon & Zalando are expanding physical stores to boost online sales locally
#RetailTrends #EcommerceEurope #Omnichannel #RetailForecast #MarketResearch #MarketRscH
What’s driving the €2.7 TRILLION comeback? Let’s break it down ????
????️ Europe-5 (UK, FR, DE, IT, ES) retail sales will hit €2.7T by 2029
???? Online shopping alone? €565B — that’s nearly 21% of total sales!
???? Key Growth Drivers:
✅ Falling inflation & interest rates
✅ Rising incomes & employment
✅ Tourism rebound = more spending ????
✅ Discretionary spending bouncing back
???? Online retail?
???? 2/3 growth = more spent per buyer
???? 1/3 = more online buyers
???? Platforms like SHEIN, Temu, AliExpress gaining traction
???? Offline is NOT dead!
???? Omnichannel retail = stronger in-store + online synergy
???? Click-and-collect, try-before-you-buy, & instant gratification still matter!
????Decathlon & Zalando are expanding physical stores to boost online sales locally
#RetailTrends #EcommerceEurope #Omnichannel #RetailForecast #MarketResearch #MarketRscH
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