Charts & Data | Digital Commerce 360 https://www.digitalcommerce360.com/type/charts-data/ Your source for ecommerce news, analysis and research Tue, 23 May 2023 20:17:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://www.digitalcommerce360.com/wp-content/uploads/2022/10/cropped-2022-DC360-favicon-d-32x32.png Charts & Data | Digital Commerce 360 https://www.digitalcommerce360.com/type/charts-data/ 32 32 The environmental cost of ecommerce deliveries https://www.digitalcommerce360.com/2023/05/23/sustainable-ecommerce-fulfillment/ Tue, 23 May 2023 20:13:18 +0000 https://www.digitalcommerce360.com/?p=1045295 Sustainability — or practices that support ecological, human, and economic health and vitality — is top of mind for many small and medium-sized businesses. But a new survey shows that many small businesses face obstacles on the path to achieving sustainability. Meanwhile, another research report shows that left unchanged, the ongoing environmental impact from last-mile […]

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]]> Sustainability — or practices that support ecological, human, and economic health and vitality — is top of mind for many small and medium-sized businesses.

But a new survey shows that many small businesses face obstacles on the path to achieving sustainability. Meanwhile, another research report shows that left unchanged, the ongoing environmental impact from last-mile ecommerce deliveries will be harmful.

Sustainable ecommerce fulfillment comes at a cost many won’t pay

Delivery and logistics services provider DHL conducted a survey of 2,500 small and medium-sized businesses. It finds that 95% of companies say sustainability is important to their business. And almost half (48%) believe it’s extremely important. But when asked about the biggest challenge to achieving sustainable goals, 42% said the overall investment is the main obstacle. 11% said they had no clue where to start.

Sustainability is important to almost every respondent, DHL says. But “nearly half (47%) are willing to invest only 1%-3% of their operating budget into sustainability practices,” according to the DHL survey. “And 26% are not willing to invest anything” into sustainable ecommerce fulfillment.

If left unchanged, the environmental impact of the rising number of ecommerce deliveries globally will also cause more air pollution and human health issues.

A new report by Clean Mobility Collective and Stand.earth Research Group claims ecommerce and the associated emissions from last-mile delivery will continue growing exponentially. The report predicts global annual parcel volume could increase from over 315 billion parcels in 2022 to up to 800 billion parcels a year in 2030.

Without any greener changes to how these parcels are packaged and delivered, global ecommerce deliveries will emit up to 160 megatons of carbon dioxide per year by 2030, according to the report. That’s equivalent to yearly CO2 emissions of up to 44 coal plants.

“Approximately 1 billion trees would need to be planted and allowed to grow for 10 years to sequester the emissions of a single year of current last-mile parcel deliveries,” the report says.

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]]> Manufacturers push for more digital technologies to improve supply chains https://www.digitalcommerce360.com/2023/05/16/manufacturers-push-for-more-digital-technologies-to-improve-supply-chains/ Tue, 16 May 2023 18:45:09 +0000 https://www.digitalcommerce360.com/?p=1044679 Manufacturers are moving down the road, implementing new digital technologies to improve their supply chain efficiency. But they’re implementing some digital applications and services faster than others, says new data from PwC. Most manufacturers (53%) have achieved “full adoption” of cloud-based data platforms, Internet of Things (IoT) technologies and connected services. Meanwhile, just over a […]

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]]> Manufacturers are moving down the road, implementing new digital technologies to improve their supply chain efficiency. But they’re implementing some digital applications and services faster than others, says new data from PwC.

Most manufacturers (53%) have achieved “full adoption” of cloud-based data platforms, Internet of Things (IoT) technologies and connected services. Meanwhile, just over a third (35%) have fully adopted scanning and intelligent data capture (OCR), says PwC in a new survey from 300 supply chain executives.

Manufacturers still on their way to more digital supply chain processes

But adoption of digital technologies that help drive predictive insights or cross-enterprise efficiency are in the early stages. Just one in four (24%) manufacturers have applied artificial intelligence to their supply chains, according to our survey. Even fewer have adopted blockchain (18%), robotics/robotic process automation (RPA) (16%) and augmented reality (14%).

“Given the relatively lean adoption rates of these technologies, manufacturers expect to make investments to increase them,” PwC says. “Nearly three-quarters (73%) report that they plan to make investments in AI/ML, robotics/RPA and blockchain over the next two years.”

But as the economy continues to soften and cut back on their spending, some manufacturing companies may slow how much they will spend on digital supply chain applications. For example, nearly half (47%) cite budget constraints as the top challenge of digitizing their supply chains, followed by insufficient capabilities of supply chain hardware and software systems (31%) and a misalignment of supply chain goals and the business’ overall strategic goals (31%).

“Despite some success in adopting digital technologies — and plans to invest in areas that are lagging — many manufacturers are encountering systemic obstacles and other challenges in getting the most out of digitizing the supply chain,” PwC days. For example, few tools yield “out of the box” benefits, requiring more time and digital know-how to make an impact.”

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]]> Trends and data on the leading online retailers in North America https://www.digitalcommerce360.com/2023/05/16/trends-and-data-on-the-leading-online-retailers-in-north-america/ Tue, 16 May 2023 14:11:17 +0000 https://www.digitalcommerce360.com/?p=1044548 The largest online retailers in North America Amazon.com has been and still is the largest online retailer in North America with over $372 billion in web sales in 2022, according to Digital Commerce 360 estimates. Walmart, Apple, Home Depot and Target round out the five largest ecommerce companies in North America, but even if you […]

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]]> Top 5 online retailers in Sporting Goods https://www.digitalcommerce360.com/2023/05/09/top-5-online-retailers-in-sporting-goods/ Tue, 09 May 2023 21:47:24 +0000 https://www.digitalcommerce360.com/?p=1044357 Top 5 sporting goods retailers ranked by annual ecommerce sales: Bass Pro Shops – 2022 ecommerce sales – $3.01 billion Dick’s Sporting Goods – 2022 ecommerce sales – $2.72 billion Peloton – 2022 ecommerce sales – $1.96 billion REI – 2022 ecommerce sales – $1.52 billion MidwayUSA – 2022 ecommerce sales – $1.17 billion Favorite

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]]> Sporting goods online retailers’ category snapshot [Next 1000] https://www.digitalcommerce360.com/article/sporting-goods-online-retailers-category-snapshot-next-1000/ Tue, 09 May 2023 21:05:36 +0000 https://www.digitalcommerce360.com/?post_type=article&p=1044337 Trends and Facts from the Next 1000 Sporting Goods online retailers: Next 1000 Sporting Goods online retailers grew online sales 2.9% in 2022. Next 1000 Sporting Goods online retailers sold over $1 billion online in goods in 2022. Total retail sales for Sporting Goods in the U.S. grew 1.7% in 2022. Total retail sales for […]

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]]> Distributor sales in Q1 grow just under 1% year over year https://www.digitalcommerce360.com/2023/05/09/distributor-sales-q1/ Tue, 09 May 2023 20:03:53 +0000 https://www.digitalcommerce360.com/?p=1044304 Total sales for U.S. distributors and wholesalers grew in the first quarter. But just barely. For the first three months of the year, sales totaled about $2.00 trillion. That’s just under a 5.1% increase  from $1.985 trillion in Q1 2022, based on data U.S. Department of Commerce data that Digital Commerce 360 compiled. In comparison […]

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]]> Total sales for U.S. distributors and wholesalers grew in the first quarter. But just barely.

For the first three months of the year, sales totaled about $2.00 trillion. That’s just under a 5.1% increase  from $1.985 trillion in Q1 2022, based on data U.S. Department of Commerce data that Digital Commerce 360 compiled.

In comparison and with one exception, the sales of the biggest public distributors of maintenance, repair, and operations (MRO) and industrial supplies grew much faster. W.W. Grainger, Fastenal and MSC Industrial all increased total sales for the first quarter of the previous year. Only Global Industrial lost ground. For the three months ended March 31, Global Industrial posted sales of $273.8 million. That’s a 5.1% decrease from sales of $288.6 million in the first quarter of 2022.

Year-over-year distributor sales Q1

All the big public companies noticed some gathering weakness in some aspects of their business in the first quarter.

“Customer demand was generally in line with expectations for the quarter and continues to remain resilient as a whole despite certain areas of softness,” Grainger chief financial officer Dee Merriwether told analysts on the company’s Q1 earnings call.

Global Industrial says a weaker economy resulted in a year-over-year drop in revenue.

“The first-quarter performance reflects a continuation of the recent demand environment, with average daily sales declining 3.7%,” CEO Barry Litwin told analysts on the company’s first quarter earnings call. “Price was neutral in the period and volume remained muted, reflecting cautionary purchase behavior, specifically within our core, small and medium business customer base.”

But even with a tougher overall economic environment in the first quarter, all the biggest MRO distributors will continue to move out more aggressively on digital commerce.

For example, MSC Industrial Supply Co. late last year took broad steps to bolster its digital technology and operations. It hired its first chief digital officer and investing in ecommerce improvements. MSC — a prominent distributor of metalworking and maintenance, repair, and operations (MRO) products — is no stranger to strong digital sales, which have routinely accounted for well over half of total sales in recent years. Q1 ecommerce reached nearly 62% of total sales, and, under MSC’s new chief digital officer, John Hill, the company is laying the groundwork for continued growth in digital sales.

“John Hill and his team have completed a comprehensive review of our entire digital offering and have built a roadmap for our evolution in the space,” CEO Eric Gershwind said on a Q1 earnings call.

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]]> Top 5 online retailers in Jewelry https://www.digitalcommerce360.com/2023/05/03/top-5-online-retailers-in-jewelry/ Wed, 03 May 2023 16:55:36 +0000 https://www.digitalcommerce360.com/?p=1043890 Top 5 jewelry retailers ranked by annual ecommerce sales: Signet Jewelers – 2022 Ecommerce Sales – $1599.4 million Jomashop.com – 2022 Ecommerce Sales – $650.5 million Brilliant Earth – 2022 Ecommerce Sales – $439.9 million Fossil Group – 2022 Ecommerce Sales – $362.7 million WatchBox – 2022 Ecommerce Sales – $327.0 million Favorite

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]]> Top 5 online retailers in Health and Beauty https://www.digitalcommerce360.com/2023/05/03/top-5-online-retailers-in-health-and-beauty/ Wed, 03 May 2023 14:56:10 +0000 https://www.digitalcommerce360.com/?p=1043878 Top 5 health and beauty retailers ranked by annual ecommerce sales: Walgreens – 2022 Ecommerce Sales – $6.57 billion iHerb – 2022 Ecommerce Sales – $3.12 billion Amway – 2022 Ecommerce Sales – $2.32 billion The Estee Lauder – 2022 Ecommerce Sales – $2.06 billion Ulta Beauty – 2022 Ecommerce Sales – $1.95 billion   […]

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]]> Customer expectations for digital experiences keep rising https://www.digitalcommerce360.com/2023/05/02/customer-expectations-for-digital-experiences-keep-rising/ Tue, 02 May 2023 19:04:38 +0000 https://www.digitalcommerce360.com/?p=1043838 Customer expectations for digital experiences keep rising, with relevant and personalized content across all channels as the expectation, IDC says. But manufacturers often struggle with increasing content requirements, more channels and touch points to manage, and rapidly changing customer needs, which require a company to be agile, says a new survey of 1,500 manufacturing companies […]

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]]> Customer expectations for digital experiences keep rising, with relevant and personalized content across all channels as the expectation, IDC says.

But manufacturers often struggle with increasing content requirements, more channels and touch points to manage, and rapidly changing customer needs, which require a company to be agile, says a new survey of 1,500 manufacturing companies by IDC.

Moreover, the importance manufacturing companies place on improving their online user experience does vary by industry and world region.

“The industry has historically been averse to changes in how businesses operate,” IDC says. “And while ecommerce is still a distant second for manufacturers as a whole, it is the revenue source expected to continue to grow the largest (with 63.7% expecting growth and only 11.5% expecting decrease).”

Expected changes for digital experiences

The average change manufacturers expected was a 23.8% increase in online sales over the next two years, with an additional 44.2% of respondents expecting growth higher than 25%, IDC says.

“There are variations in the average expected change by region (NA 31.1%, EMEA 18.9%, and APAC 10.9%) and by subsegment (F&B/CPG 30.3%, industrial manufacturing 25.4%, automotive 21.7%, electronics and semiconductors 20.5%, and chemicals 10.2%),” says IDC. “But no matter how the data is sliced, the overall movement in business is shifting toward ecommerce.”

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]]> Jewelry online retailers category snapshot [Next 1000] https://www.digitalcommerce360.com/article/jewelry-online-retailers-category-snapshot-next-1000/ Tue, 02 May 2023 17:35:07 +0000 https://www.digitalcommerce360.com/?post_type=article&p=1043794 Trends and Facts from the Next 1000 Jewelry online retailers: Next 1000 Jewelry online retailers grew 4.5% in 2022 Next 1000 Jewelry online retailers sold over $608 million in goods in 2022 Total retail sales for Jewelry in the U.S. grew 2.6% in 2022 Total retail sales for Jewelry in the U.S. reached $39 million […]

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