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Akeneo predicts AI, regulatory changes will transform retail
Yahoo Finance· 2026-01-07 12:43
Core Insights - Akeneo's 2025-2026 commerce outlook indicates that reliable product information will be crucial for consumer purchasing behavior across all sales channels, with AI rapidly being adopted in retail [1][2] - A significant shift in shopping habits is anticipated by 2026, with over half of consumers likely to prefer third-party apps over brand websites for purchases [2] - Regulatory changes, including a US Supreme Court ruling on customs duties and new EU regulations, are expected to complicate the retail environment and may promote resale markets and circular shopping [4] AI Adoption and Consumer Trust - Despite the growth in AI checkouts, only 27% of consumers who have used them intend to use them again, highlighting a trust issue [2] - Successful brands during the 2025 holiday season will be those that effectively communicate how AI enhances accuracy, convenience, and value to consumers [2][5] - One-third of US consumers are open to having AI assistants manage transactions, indicating a trend towards delegating purchasing decisions to AI [3] Brand Visibility and Data Integrity - Brands can no longer rely solely on their websites to attract customers, as consumers may discover and purchase products through platforms like Google, Amazon, and ChatGPT [3] - Incomplete or inconsistent product data can lead to brands not appearing in consumer searches, emphasizing the need for comprehensive product information [3] Transparency and Circularity - Many brands are investing in traceability systems to promote circularity, but this information is often not integrated into customer-facing experiences [5] - In the context of AI and Digital Product Passports, transparency and storytelling are becoming increasingly important for brands [5]
ThredUp Report Reveals 40% of Holiday Budgets Will Go to Secondhand Gifts
Businesswire· 2025-10-16 13:15
Core Insights - ThredUp released its 2025 Holiday Report, indicating a significant shift towards circular shopping among consumers [1] - Despite economic uncertainty, holiday spending is expected to remain resilient, with consumers planning to allocate nearly 40% of their total holiday budgets to secondhand gifts, an increase from the typical 30% [1] Company Overview - ThredUp is recognized as one of the largest online resale platforms for apparel, shoes, and accessories [1] Consumer Behavior Trends - The study, conducted by GlobalData, surveyed 2,000 consumers, highlighting a growing trend in secondhand shopping during the holiday season [1] - The increase in budget allocation for secondhand gifts reflects changing consumer attitudes towards sustainability and cost-effectiveness [1]