Retail Predictions for 2020
2019 was exciting, but 2020 is one to look out for. According to Internet Retailer’s 2020 Predictions, advancements in fraud protection and robotic automation in fulfillment centers will be the difference in retailers’ success.
Take a look at some staggering statistics:
- Online retailers of physical goods with sales over $10 million suffer an average of 365 fraudulent transactions per month.
- With an update to the Free Trade Agreement, cross-border shipments from US online retailers to Canada and Mexico are expected to increase by about $423.6 million dollars.
- 50,000 warehouses are expected to incorporate robotics by 2025.
Download the full report to take a look at the year ahead.