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Retail Sales in the United States increased 0.60 percent in August of 2025 over the previous month. This dataset provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Value added created by the U.S. retail industry constituted *** percent of the gross domestic product (GDP) of the United States in the fourth quarter of 2023. Over the past four years, the retail industry's contribution to GDP increased by about *** percentage points.
According to our latest research, the global retail market size reached USD 29.4 trillion in 2024, with a compound annual growth rate (CAGR) of 5.1% recorded over recent years. This robust expansion is primarily driven by evolving consumer preferences, digital transformation, and the rapid adoption of omnichannel retail strategies. Based on current growth trends and our comprehensive analysis, the global retail market is forecasted to achieve a value of USD 46.1 trillion by 2033, underscoring the sector's pivotal role in the global economy and its consistent appeal across diverse demographics and geographies.
A significant growth factor for the retail market is the accelerated shift towards digitalization and e-commerce. The proliferation of internet connectivity, smartphone adoption, and advanced payment solutions has fundamentally transformed how consumers interact with retail brands. Retailers are leveraging artificial intelligence, big data analytics, and personalized marketing to enhance the customer experience and drive sales. The integration of online and offline channels, commonly known as omnichannel retailing, allows businesses to offer seamless shopping experiences, enabling consumers to research, purchase, and return products across multiple platforms. This digital evolution is not only attracting tech-savvy younger generations but also expanding the reach of retail businesses to previously underserved markets, thereby fueling overall industry growth.
Another crucial driver is the increasing focus on sustainability and ethical consumption. Modern consumers are becoming more environmentally conscious, demanding transparency in sourcing, production, and distribution processes. Retailers are responding by adopting sustainable supply chains, eco-friendly packaging, and responsible sourcing practices. This trend is particularly prominent in the apparel, food and beverage, and health and personal care segments, where ethical considerations significantly influence purchasing decisions. Retailers who prioritize sustainability are gaining a competitive edge, building brand loyalty, and attracting a growing segment of consumers willing to pay a premium for ethically produced goods. This shift towards responsible retailing is expected to further accelerate market growth in the coming years.
Additionally, the expansion of organized retail formats and the modernization of traditional retail infrastructure are propelling the market forward. Emerging economies are witnessing a transformation from unorganized, fragmented retail landscapes to more structured, organized formats such as supermarkets, hypermarkets, and specialty stores. This transition is driven by urbanization, rising disposable incomes, and shifting lifestyles, particularly in Asia Pacific and Latin America. The entry of international retail giants and the rise of homegrown organized retail chains are enhancing product accessibility, variety, and quality. As organized retail continues to penetrate deeper into rural and semi-urban areas, it is expected to unlock new growth avenues and contribute significantly to the overall expansion of the global retail market.
The concept of Smart Retail is revolutionizing the way businesses operate in the retail sector. By leveraging cutting-edge technologies such as the Internet of Things (IoT), artificial intelligence, and advanced data analytics, retailers are able to create more personalized and efficient shopping experiences for consumers. Smart Retail solutions enable real-time inventory management, predictive analytics for demand forecasting, and enhanced customer engagement through personalized marketing strategies. As retailers continue to adopt these technologies, they are not only improving operational efficiency but also enhancing customer satisfaction and loyalty. The integration of Smart Retail technologies is expected to play a pivotal role in shaping the future of the retail industry, offering significant competitive advantages to early adopters.
From a regional perspective, Asia Pacific remains the dominant force in the global retail market, accounting for the largest share in 2024. The region's growth is underpinned by rapid urbanization, a burgeoning middle class, and high consumer spending, particularly in China and India. North America and Europe continue to exhibit steady growth,
This dataset, identified by the series ID RSXFS, is sourced from the U.S. Census Bureau and is available through the Federal Reserve Economic Data (FRED) system of the St. Louis Fed. It provides a monthly measure of retail sales across the United States. The data represents the total value of sales at retail and food services stores, measured in millions of dollars and adjusted for seasonal variations. It is important to note that the most recent month's value is an advance estimate, which is subject to revision in subsequent months as more comprehensive data becomes available. As a key economic indicator, this series is widely used by economists and analysts to gauge consumer spending and assess the overall health of the U.S. economy.
Suggested Use Cases: - This dataset is highly valuable for economic analysis and can be used to: - Conduct time series analysis and modeling. - Track consumer spending patterns. - Forecast future retail sales. - Analyze the impact of economic events on the retail sector.
License The RSXFS dataset is sourced from the U.S. Census Bureau and is considered Public Domain: Citation Requested. This means the data is freely available for use, but you must cite the source and acknowledge that the data was obtained from FRED. If you plan on using any copyrighted series from other data providers on FRED for commercial purposes, you would need to contact the original data owner for permission.
Data Fields: The dataset primarily contains two columns: - observation_date: The date of the monthly data point, recorded as the first day of each month from January 1992 to July 2025. - RSXFS: The value of advance retail sales in millions of dollars.
Citation and Provenance:
Source: U.S. Census Bureau
Release: Advance Monthly Sales for Retail and Food Services
FRED Link: https://fred.stlouisfed.org/series/RSXFS
Citation: U.S. Census Bureau, Advance Retail Sales: Retail Trade [RSXFS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RSXFS, September 8, 2025.
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Graph and download economic data for Advance Retail Sales: Retail Trade (RSXFS) from Jan 1992 to Aug 2025 about retail trade, sales, retail, services, and USA.
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Key information about France Retail Sales Growth
In 2020, global retail sales fell by 2.9 percent as a result of the COVID-19 pandemic, bouncing back in 2021 with a growth of 9.7 percent Global retail sales were projected to amount to around 27.3 trillion U.S. dollars by 2022, up from approximately 23.7 trillion U.S. dollars in 2020.
American retailers worldwide
As a result of globalization and various trade agreements between markets and countries, many retailers are capable of doing business on a global scale. Many of the world’s leading retailers are American companies. Walmart and Amazon are examples of such American retailers. The success of U.S. retailers can also be seen through their performance in online retail.
Retail in the U.S.
The domestic retail market in the United States is a lucrative market, in which many companies compete. Walmart, a retail chain offering low prices and a wide selection of products, is the leading retailer in the United States. Amazon, The Kroger Co., Costco, and Target are a selection of other leading U.S. retailers.
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The Retail Trade sector has undergone significant developments over the past few years, shaped largely by the COVID-19 pandemic and consequent shifts in consumer behavior. Online shopping trends, omnichannel strategies, automated processes and product and service diversification have helped boost retail trade despite volatile economic conditions. The Retail Trade sector has ultimately proven resilient, and is expected to have expanded at a CAGR of 3.2% over the past five years to reach $7.6 trillion in 2024, including an expected bump of 3.5% in 2024 alone. Retailers benefited from a spending boom as the height of the pandemic subsided, which was quickly muted by inflation and supply chain disruptions. Still, inflated spending drove a 12.0% hike in retail sales in 2021. While COVID-19 lockdowns boosted e-commerce sales, the preference for in-store shopping reemerged once lockdowns lifted, forcing retailers to adopt omnichannel strategies to balance demand for both. Heightened competition led many retailers like Walmart to adopt automation measures, while others expanded their offerings into sectors like health and wellness to hedge against declining sales in traditional retail spaces. Looking ahead, the performance of the Retail Trade sector will be driven by consumer confidence, technological advancements and sustainability trends. An anticipated decrease in inflation over the next five years is likely to spur spending on high-margin products, boosting sector profit. As consumer tastes shift, omnichannel commerce will expand, with retailers leveraging technology – particularly AI – for sophisticated inventory management and personalized advertisements. Brands will invest in extended reality technologies to attract younger demographics and blend online and in-store shopping experiences. In response to growing environmental consciousness, brands will also aim to minimize their carbon footprint through strategies like reverse logistics. Ultimately, revenue will rise at an estimated CAGR of 3.3% over the next five years, reaching an expected $8.9 trillion in 2029.
According to estimates, between 2021 and 2026, the fashion and apparel sector within the global retail industry is expected to grow at a CAGR of 8.7 percent, making this the world's fastest growing retail product category. Following fashion and apparel, electricals are forecast to be the second-fastest growing product category based on CAGR.
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Key information about Georgia Retail Sales Growth
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Key information about Colombia Retail Sales Growth
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Retail Sales in Argentina increased 19.60 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Argentina Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Overview with Chart & Report: Retail Sales m/m reflect a change in the US retail sails in the reported month compared to the previous one. The indicator is calculated based on statistics received from 5,000 retail stores of
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E-Commerce Retail Market Size 2025-2029
The e-commerce retail market size is forecast to increase by USD 4,833.5 billion at a CAGR of 12% between 2024 and 2029.
The market is experiencing significant growth, driven by the advent of personalized shopping experiences. Consumers increasingly expect tailored recommendations and seamless interactions, leading retailers to integrate advanced technologies such as Artificial Intelligence (AI) to enhance the shopping journey. However, this market is not without challenges. Strict regulatory policies related to compliance and customer protection pose obstacles for retailers, requiring continuous investment in technology and resources to ensure adherence.
Retailers must navigate these challenges to effectively capitalize on the market's potential and deliver value to customers. By focusing on personalization and regulatory compliance, e-commerce retailers can differentiate themselves, build customer loyalty, and ultimately thrive in this dynamic market. Balancing the need for innovation with regulatory requirements is a delicate task, necessitating strategic planning and operational agility. Fraud prevention and customer retention are crucial aspects of e-commerce, with payment gateways ensuring secure transactions.
What will be the Size of the E-Commerce Retail Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic market, shopping carts and checkout processes streamline transactions, while sales forecasting and marketing automation help businesses anticipate consumer demand and optimize promotions. SMS marketing and targeted advertising reach customers effectively, driving sales growth. Warranty claims and customer support chatbots ensure post-purchase satisfaction, bolstering customer loyalty. Retail technology advances, including sustainable packaging, green logistics, and mobile optimization, cater to environmentally-conscious consumers. Legal compliance, data encryption, and fraud detection safeguard businesses and consumer trust. Product reviews, search functionality, and personalized recommendations enhance the shopping experience, fostering customer engagement.
Dynamic pricing and delivery networks adapt to market fluctuations and consumer preferences, respectively. E-commerce software integrates various functionalities, from circular economy initiatives and website accessibility to email automation and real-time order tracking. Overall, the e-commerce landscape continues to evolve, with businesses adopting innovative strategies to meet the needs of diverse customer segments and stay competitive.
How is this E-Commerce Retail Industry segmented?
The e-commerce retail industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Apparel and accessories
Groceries
Footwear
Personal and beauty care
Others
Modality
Business to business (B2B)
Business to consumer (B2C)
Consumer to consumer (C2C)
Device
Mobile
Desktop
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
APAC
China
India
Japan
South Korea
Rest of World (ROW)
By Product Insights
The apparel and accessories segment is estimated to witness significant growth during the forecast period. The market for apparel and accessories is experiencing significant growth, fueled by several key trends. Increasing consumer affluence and a shift toward premiumization are driving this expansion, with the organized retail sector seeing particular growth. Influenced by social media trends, the Gen Z demographic is a major contributor to this rise in online shopping. This demographic is known for their preference for the latest fashion trends and their willingness to invest in premium products, making them a valuable market segment. Machine learning and artificial intelligence are increasingly being used for returns management and personalized recommendations, enhancing the customer experience.
Ethical sourcing and supply chain optimization are also essential, as consumers demand transparency and sustainability. Cybersecurity threats continue to pose challenges, requiring robust strategies and technologies. B2C and C2C e-commerce are thriving, with influencer marketing and e-commerce analytics playing significant roles. Customer reviews are essential for building trust and brand loyalty, while reputation management and affiliate marketing help expand reach. Sustainable e-commerce and b2b e-commerce are also gaining traction, with third-party logistics and social commerce offering new opportunities. Augment
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United States Retail Sales: Book Stores data was reported at 1.320 USD bn in Aug 2018. This records an increase from the previous number of 661.000 USD mn for Jul 2018. United States Retail Sales: Book Stores data is updated monthly, averaging 1.022 USD bn from Jan 1992 (Median) to Aug 2018, with 320 observations. The data reached an all-time high of 2.425 USD bn in Aug 2008 and a record low of 523.000 USD mn in Apr 1992. United States Retail Sales: Book Stores data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.H001: Retail Sales: By NAIC System.
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Retail Sales in Finland increased 0.90 percent in August of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Finland Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about Germany Retail Sales Growth
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Key information about Azerbaijan Retail Sales Growth
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The global retail market size reached USD 30,092.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 48,867.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.26% during 2025-2033. There are various factors that are driving the market, which include the rising focus on personalized user experience, technological innovations, and various collaborations and partnerships among key players to expand their market reach and increase user engagement.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
| 2019-2024 |
Market Size in 2024 | USD 30,092.3 Billion |
Market Forecast in 2033 | USD 48,867.9 Billion |
Market Growth Rate (2025-2033) | 5.26% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product and distribution channel.
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The Mexico retail market was valued at USD 329.28 Billion in 2024. The industry is expected to grow at a CAGR of 4.80% during the forecast period of 2025-2034 to reach a value of USD 526.23 Billion by 2034. The market growth is attributed to the booming online retail sector due to the rising internet penetration across the country.
According to data from the Center for Strategic and International Studies (CSIS), e-commerce accounted for 15 percent of total retail sales in 2023, up from just 1% a decade ago. Online sales reached USD 74 billion in 2023, with projections estimating approximately USD 100 billion in 2024 and USD 176.8 billion by 2026, highlighting the rapid scale and potential of the sector, propelling the Mexico retail market value.
This growth is underpinned by multiple factors. Digital platforms such as Amazon, Mercado Libre, and emerging Chinese players, such as Shein, Temu, and AliExpress, which offer consumers unparalleled convenience, product variety, and competitive pricing.
In addition to this, omnichannel retailers, including Walmart, Coppel, and Liverpool, are expanding their online and logistics capabilities, ensuring healthy competition across physical and digital channels. For instance, Walmart’s online revenue in Mexico grew by 21.7% in 2023, supported by a 129% increase in product assortment and a 78% rise in sellers.
CSIS analysis also emphasizes that small- and medium-sized enterprises (SMEs) are leveraging these digital channels to expand their reach, improve operational efficiency, and access previously untapped markets. By 2024, tens of thousands of Mexican SMEs are expected to rely on e-commerce platforms to generate significant employment and economic value, reflecting the sector’s role in promoting inclusive growth and strengthening Mexico retail market competitiveness.
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Retail Sales in the United States increased 0.60 percent in August of 2025 over the previous month. This dataset provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news.