TAXABLE RETAIL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Taxable Retail Market, By Product Type (Food & Beverage, Apparel & Footwear, Consumer Electronics, Home Improvement, Personal Care & Beauty, Toys & Games, Others), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores & Departmental Stores, Specialty Stores, Others (Warehouses, etc.)), By Location (Standalone, Malls, Strip Centers, Power Centers, Lifestyle Centers, Factory Outlets, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments:

Key Developments:

In January 2022, Amazon launched Alexa-enabled smart glasses called Echo Frames, allowing hands-free access to Alexa. This expands Amazon's wearables portfolio.
In June 2021, Target, is an American retail corporation that operates a chain of discount department stores and hypermarkets, launched owned food and beverage brands Good & Gather, Favorite Day, and others. This strengthens its competitive positioning in groceries.
In May 2020, Walmart, is an American multinational retail corporation introduced Walmart+, a new membership program offering unlimited free delivery and other benefits. This helps Walmart better compete with Amazon Prime.

Key Strategy Initiavtives:

In January 2022, CVS, is an American retail corporation. A subsidiary of CVS Health, acquired Signify Health, Building trusted relationships to make people healthier. for around $8 billion. This expands CVS' healthcare services offerings.
In October 2020, Walgreens, is an American company that operates the second-largest pharmacy store chain partnered with VillageMD, the nation's second largest pharmacy chain to open 500-700 doctor-staffed clinics in its stores over the next 5 years. This expands its healthcare services.
In June 2021, Nike, is an American athletic footwear and apparel corporation acquired Datalogue, proprietary machine-learning technology a data integration platform. This enhances Nike's data analytics capabilities for personalized e-commerce experiences.