Between May and June, we noticed another abrupt shift in the category of purchases, as airline and ticketing declined while increases in other areas like outdoor equipment and sports took over consumer spending.
Panic buying and competition for consumer attention between in-store and online transactions have created a brave new world of retail that is bound to continue into a post-pandemic reality. The E-Commerce Times reached out to several firms that guide brands on how to prepare for, and adapt to, changes in consumer behavior and product demand -- and what this means for the future of retail.