US Retailers Boost Tech Investments Amid Cautious Growth Outlook for 2025
2025-01-27
Talk Business
Despite facing challenges from inflation, high interest rates, and shifting consumer behaviors in 2024, the US retail sector demonstrated resilience, achieving a combined $5.28 trillion in sales - a 3.6% increase from the previous year. As retailers look to 2025, many are investing in digital transformation and e-commerce technologies to drive growth and stay competitive in a rapidly evolving market, where terms like omnichannel retail and retail analytics are becoming increasingly important. This strategic move aims to enhance customer experiences and improve operational efficiency, ultimately contributing to the sector's long-term sustainability.
