Abercrombie & Fitch turns to new store formats to appeal to younger audiences: The retailer’s new “getaway” concept aims to capitalize on millennial and Gen Z affinity for travel.
Our forecast shows that the increasing cost of living and fears of recession will drive greater usage. Banks that rise to the opportunity could win customer loyalty.
Studies show that paying in cash leads to spending less—if it’s easily accessible.
Some state governments are penalizing them for not supporting the fossil fuel industry.
Discount stores ranked among the fastest-growing retailers in the US last year: But low prices, not customer loyalty, is driving that growth.
BigCommerce sees ecommerce as “mission critical”: The ecommerce platform’s strong Q2 growth reflected businesses’ continuing investment in online retail, even as growth slows.
Lyft creates media unit to expand ad business: While the move should diversify its business model, this hardly makes the company as differentiated as Uber.
7-Eleven invests in rapid delivery with latest acquisition: The convenience store chain hopes to use delivery startup Skipcart’s expertise to challenge Gopuff, but the costs could outweigh the benefits.
The REI Co-op Mastercard lets users earn 5% cash back for REI purchases and 1.5% cash back for all other purchases.
Kargo’s doubling down on the future of rich media: The ad tech firm is buying Ziggeo to enhance its video capabilities.
Nearly a third of Gen Z consumers will prefer to use apps for online payments in five years, according to Logica.
When it comes to online shopping, 61% of US consumers begin their product hunt on Amazon, close to half on a search engine like Google, and 32% on Walmart.com.
EV credits or EV crisis? The Inflation Reduction Act moves forward, but automakers think its requirements are bad for the industry. Without robust domestic battery manufacturing, EV adoption could falter.
The deal would broaden CVS’ physician network and help it establish home care services.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss which four companies are shaping the connected fitness space, why there's so much at stake in commanding a leadership position, and what the lifestyle brand flywheel is. Then for "Pop-Up Rankings," we rank the top three most interesting acquisition possibilities in connected fitness. Join our analysts Blake Droesch and Andrew Lipsman.