The 2025 holiday shopping season is approaching, punctuating the end of a year filled with economic uncertainty. As a result, businesses should be preparing for a consumer landscape shaped by equal parts optimism and caution. Findings from several recently published studies indicate that shoppers are expected to be highly intentional, balancing value and convenience as they navigate economic pressures. Understanding these behavioral shifts will be key for businesses aiming to capture attention and loyalty in a competitive and fickle marketplace.
Economic uncertainty has pushed consumers to become far more selective with their spending, resulting in ongoing sales declines and reduced foot traffic for many retailers. This weakening demand has forced even the most established brands to close stores as they grapple with declining customer demand and the continued rise of online shopping. However, while many long-standing retailers struggle to stay afloat, a newer contender has emerged as a significant player in the industry.
Amazon.com Inc. ( NASDAQ: AMZN) has been one of the stock market's biggest success stories ever. The company had its initial public offering in May 1997 and traded for an astonishingly low split-adjusted price of just seven cents per share. Since then, the stock has gained over 299,600% as the company has grown into the linchpin of e-commerce. Since its inception, Amazon has become a mainstay in the Magnificent 7 and now commands the fourth-largest market cap of any publicly traded company.