'Micro-sellers' reshaping US retail

Customers are making an effort to shop with small businesses that support their values. "Solopreneurs." who started online businesses during the pandemic, are reaping the rewards. Yes, a lot more department stores hit the skids last year. But there was also a 77% year-over-year growth in “non-store retail” businesses, or SMBs that sell directly to customers. Shopify saw a whopping 79% jump in online store creation. Do you think this trend will continue once customers get vaccinated and return to physical stores? Will online businesses founded during the pandemic have to get a physical footprint, or will consumers abandon them in favor of old stalwarts? #retailnews #brands https://lnkd.in/gDSTpjv

Shopify is a big driver of the micro-seller trend in the US and everywhere. Total Shopify sellers globally in: 2020: 1.749MM 2019: "Over 1MM" 2018: 820k My question: are these merchants challengers to, or a pipeline for, Amazon ultimately? Shopify revenue by when merchants started on the platform (from their 2020 Annual Report):

Great Saltbox shoutout by Bloomberg CityLab in their analysis of the trends fueling our business.

“Retail isn’t going away--the face is just changing” - Saltbox Member Brea Fullerton, Founder + CEO of Shinery Thank you Bloomberg CityLab and Patrick Sisson for featuring Saltbox in this piece alongside the resilient small retailers emerging in this changing retail environment. We’re excited to continue building the infrastructure to support growth for many more of these entrepreneurs! https://lnkd.in/da5gpDJ #innovation #retail #ecommerce #entrepreneurs

My latest for Bloomberg CityLab — how a pandemic era boost in small, store-free retail—fueled by necessity, plug-and-play e-commerce, and our obsession with the side hustle—suggests bigger shifts for small biz and storefronts https://lnkd.in/gWGk_v6

Glad to see The/Studio’s new marketplace Supplied! featured in a Bloomberg article about the changing e-commerce landscape. https://lnkd.in/giRkWeg