Ecommerce Industry News
Online sales on Black Friday (November 24, 2023) reached nearly $10 billion, according to data from Adobe Analytics: spending rose 7.5% compared to last year’s shopping holiday to reach a record $9.8 billion. Eighty percent of […]
Online prices in September 2023 fell 4.6% year-over-year, a 41-month low, according to Adobe, which tracks data through its the Adobe Digital Price Index (DPI). It said the decline marked the 13th consecutive month of year-over-year price […]
It may feel like everything is more expensive than it was a year ago, but data from Adobe shows there’s a big difference between the cost of essential goods versus nonessential items compared to last […]
Here’s a word you haven’t heard in a while: deflation. But the devil is in the details, and Adobe came supplied with plenty in its Adobe Digital Price Index for the month of July. Sellers […]
Amazon said Prime members purchased over 300 million items worldwide during this week’s 2-day Prime Day 2022 shopping event (held on Tuesday and Wednesday) and saved over $1.7 billion. In a press release issued on […]
Adobe released data on Thursday showing online prices increased 2% in May year-over-year. That compares to April’s 2.9% increase and March’s record 3.6% increase. But Adobe found significant differences category by category. Online prices for […]
Prices rose significantly for the items people buy for daily living, according to the US Bureau of Labor Statistics, which reported numbers on Thursday that showed the largest 12-month change for the period ending January […]