• 2017 Retail Trends Report

  • December 21, 2016

As 2017 is quickly approaching, it’s important for retailers to look at the trends that will take shape in the New Year. Check out just a few of the hot trends you can expect to continue to grow in 2017.

Online spending is skyrocketing

While in-store spending remains steady, most retail growth is coming from online sales. We’ve seen huge online shopping days this year, with Cyber Monday hitting its biggest spending day at $3.45 billion.

Social commerce will become bigger

With Facebook, Instagram, and Pinterest all offering mobile shopping options, shoppers are able to interact with their brands on social AND buy directly from their posts.

The Prime Effect

Amazon Prime is creating higher expectations on quick payment options and faster shipping. Shoppers will expect retailers to give them the same experience they have with Amazon.

To check out the rest of the trends you can expect next year, check out our 2017 Retail Trends Report.

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About Holly Pels

Holly Pels is the Content Strategy Manager at RICS. When she isn't planning out the awesome content you see on the RICS site, you can find her playing soccer, baking, or drinking champagne.