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This model, dubbed “value commerce,” is proving surprisingly adaptable across diverse markets, from developed economies to.

Online retail has grown steadily as a share of overall retail throughout the 21st century, spiking by nearly four percentage points from 2019 to 2020 during the pandemic The share briefly dipped in 2022, but is currently higher than ever How big is the retail industry? Explore how brands can innovate across digital and physical retail in the year ahead.