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June 9, 2020

ACI Worldwide: Global retail eCommerce sales grew 81% in May

A research conducted by electronic payment service company ACI Worldwide has revealed that global retail eCommerce sales rose by 81% in May compared to the same period last year.

A research conducted by electronic payment service company ACI Worldwide has revealed that global retail eCommerce sales rose by 81% in May compared to the same period last year.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
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The analysis shows that sales in certain sectors grew triple-digit year-on-year.

Sportswear and sporting goods recorded the highest sales with 216%, while housewares and DIY supplies reported 190% and gaming 84% growth.

The continuous rise in eCommerce transaction volumes was driven by the wide-ranging Covid-19 restrictions during the period that prompted consumers to opt for online purchases.

Despite easing of lockdown restrictions in many countries, certain sectors have continued to see growth with gaming purchases increasing by 126% over the previous year in April, compared to 84% in May.

ACI Worldwide executive vice-president Debbie Guerra said: “While many of the trends in eCommerce purchasing behaviour that emerged in March and April have continued, we are starting to see the impact that the gradual easing of restrictions is having on retail activity.

“People working from home are now set up, and we see spending shifting from home office supplies back toward consumer goods like sporting goods and home improvements.”

Furthermore, the research also revealed that fraud attempt rates decreased from 5.3% and 4.4% in March and April, respectively, to 3.4% in May.

Guerra added: “The vigilance and adaptability displayed by merchants as they evolve their fraud strategies in light of Covid-19 appears to have been rewarded by decreasing fraud rates.”

Free Report
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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.