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Latin America will be the fastest-growing retail ecommerce market this year Download Share The pandemic has had a profound impact on Latin America’s retail industry. Mandated stay-at-home orders in several countries forced retailers to close physical stores, wreaking havoc on many companies’ bottom lines. Still, retailers’ and consumers’ warm embrace of ecommerce has been a silver lining. Retail ecommerce sales will grow 36.7% this year to $84.95 billion, nearly three times more than the 12.5% growth we estimated in our Q4 2019 forecast—and almost double the 19.4% growth in our May...

China’s retail market will not overtake the US market in 2020 after all. Here’s why. Download China’s retail market will not overtake the US market in 2020 after all. Here’s why. Share Take heart, US retail salespeople: Despite premature calls to the contrary, it turns out the US will remain the most lucrative retail market in the world this year and for some years to come. For a while, though, we saw things differently. Back in Q2, during the height of the coronavirus-driven economic collapse in the US, it became clear that China’s economy would likely come through its recessionary...