Retailers take a page from Walmart's playbook: Aldi, Ikea, and Michaels are among the large retailers cutting prices to convince consumers to open their wallets and spend.
45,000 retail stores may close in the coming years: Sam Ash, Rite Aid, and Express are among the retailers shuttering stores in recent weeks.
Bad weather takes its toll on UK retail sales: Footfall and sales slumped in April as shoppers avoided the rain, but deflationary trends could boost spending in warmer months.
“We've seen tremendous resilience from the consumer and that's driving a lot of success for retailers in the brick and mortar space,” said Ethan Chernofsky, senior vice president of marketing at Placer.ai, during our virtual summit. Despite rising inflation and pullbacks on discretionary spending, consumers are still eager to treat themselves and participate in unique retail experiences. We break down three trends influencing shopping behavior for the rest of the year, each paired with a retail opportunity.
Shoppers are overwhelmed by choice, but retailers believe genAI can help: Etsy, eBay, and ThredUP are investing in AI-powered search to help customers cut through the noise.
V makers are expanding production into more affordable models and acquiring autonomous driving technologies while hybrid sales help traditional carmakers through the transition.
US households with heads of households aged 21 to 34 are the biggest malt seltzer drinkers, according to March 2024 data from Circana.
“There's a big change in the luxury market. The consumers are still there, but they're being more selective about what they buy and when they buy it,” our analyst Sky Canaves said on an episode of the “Behind the Numbers: Reimagining Retail” podcast. Expanding into new markets and raising prices isn’t always an option for luxury brands, but there are other areas of opportunity. Here are three ways luxury brands can fuel discovery, spark engagement, and develop loyalty.
Patients’ health journeys begin online: Here’s what healthcare and pharma marketers need to know about how online-acquired information influences patient action.
FTC challenges drug patents: The Commission argues “junk” patent listings stifle competition and keep drug prices high. We explore what consumers stand to gain via the FTC’s challenge—and its likelihood of success.
Moderna prepping for RSV vaccine launch this fall: We explore how, if approved, the vaccine could open up a new market for the company—and the competitive edge its shot could hold in the entrenched RSV space.
Data hasn’t persuaded the Fed to lower interest rates: But Jerome Powell thinks it’s unlikely that its next move will be a rate hike. Here are our takeaways from his press conference.
Roku in talks for exclusive MLB Sunday broadcasts: A shift from NBC to Roku could reshape sports streaming landscape.
Fubo calls for Congressional oversight on a major streaming venture: claims it monopolizes 80% of US sports broadcasts.
As iPhone sales dip, expansion into services is creating a resilient profit source, fostering user loyalty and broadening Apple's ecosystem.
Google faces a new challenge as OpenAI prepares to unveil search: The startup could launch a search engine prior to Google’s I/O AI updates. But its revenue model remains unclear.
On today's podcast episode, we discuss what to make of Google delaying the deprecation of third-party cookies (again), what was behind its most recent ad revenue growth, if it can defend its search business from a wave of AI, and what stands out about YouTube's recent performance. Tune in to the discussion with our analyst Evelyn Mitchell-Wolf.
Food or merchandise at in-person events was the most popular purchase category for mobile wallet users worldwide in January 2024, purchased by 29% of users, according to Kantar.
For August, a digitally native direct-to-consumer brand of period care products, TikTok gives more than it takes down. For example, in January 2020, its launch video was immediately removed by the platform. “I still get videos taken down for what the app believes is graphic content,” said August co-founder Nadya Okamoto. Still, Okamoto credits TikTok for helping her cultivate a community of nearly 4.5 million followers across her personal and brand TikTok accounts, as well as allowing her to open a dialogue for authentic marketing.
Usage of the internet, smartphones, and tablets is comparatively high in Canada due to the pervasive digital infrastructure.