It’s been a resurgent season for retailers according to data from Mastercard and its SpendingPulse research service. According to Mastercard, holiday retail sales excluding automotive increased 8.5% year-over-year this holiday season, running from November 1 through December 24. Notably, online sales grew 11.0% compared to the same period last year, preliminary insights show. Mastercard SpendingPulse
If you look far enough back in history, you will find the literal definition of a linchpin to be an item which kept the wheels from falling off wooden carts. During the recent COVID-19 crisis, we have all experienced firsthand the consequences of the wheels falling off global supply chains, resulting in shortages in items ranging from cleaning
In an analysis of the largest 100 U.S. industrial & logistics leases by square footage for 2019, Los Angeles-based industrial real estate firm CBRE reported this week leases inked in the food & beverage industry, as well as in e-commerce and logistics led the pack, with some varying shifts. CBRE’s research paper, entitled “Dealmakers: E-Commerce
Several anticipated advancements, including 5G wearables, quantum computing and self-driving trucks will likely not happen in the first year of the new decade, according to global tech market advisory firm, ABI Research. In its new whitepaper, 54 Technology Trends to Watch in 2020, ABI Research’s analysts have identified 35 trends that will shape the technology
The robotics market is set to transform over the next 10 years, based on the most comprehensive robotics tracker yet released by global tech market advisory firm, ABI Research. There will be enormous growth across all subsectors, highlighted in a total market valuation of US$277 billion by 2030. That growth will not be distributed evenly,