Generative AI helps brands distill consumer insights to create personalized products while AR virtual try-on solutions give customers the ability to try before buying. Beauty brands like Ulta Beauty and Sephora are finding ways to draw consumers into their apps with exclusive content or services.
Amazon is the biggest retail media network in the US, accounting for three-quarters of retail media revenue share, per our forecast. But its limited grocery footprint leaves an opportunity for competition. Here are recent updates in grocery retail media, and a prediction on the future of in-store retail media.
Domino’s customers are particularly price sensitive: That explains why small price increases can have an outsize impact on sales.
Walmart is reaping the benefits of Walmart+: And it has clear opportunities to unlock even greater growth.
On today's episode, we discuss whether Threads can keep up its momentum, if TikTok Music can compete in the music streaming world, how engagement with the Women's World Cup will look, what to make of the Burger King rebrand, whether US consumers actually shop on social media platforms, who invented the first-ever hybrid car, and more. Tune in to the discussion with our analysts Ross Benes, Blake Droesch, and Max Willens.
Grocers face no shortage of challenges: Retailers ranging from Walmart to Costco to Dollar General are chipping away at supermarkets’ share of food dollars by focusing on value.
Chipotle pushes into smaller US markets: It also announced its first international franchising deal, which could lead to hundreds of Middle Eastern locations.
UK food price inflation declined for the fourth straight month: While Britain may be over the worst phases of the cost-of-living crisis, it may be some time before consumers can breathe a sigh of relief.
US cosmetic and beauty sales are expected to grow over 10% this year—more than three times the 2.9% rate of the overall retail market, according to our forecast. It’s a sign of the “lipstick effect,” said our analyst Sky Canaves on our “Behind the Numbers: Reimagining Retail” podcast.
Kroger Precision Marketing’s secret sauce: Achieving equivalent sales impacts with 51% fewer impressions, enhancing ad intelligence with in-house platforms, and recruiting top-tier talent, according to Cara Pratt.
How shoppers buy groceries online is changing: As consumers grow more cost-conscious, pickup’s share of digital grocery orders rises.
Price increases caused PepsiCo, Conagra sales volumes to drop: CPG companies have to tread carefully as private label sales gain share.
The IPO market is beginning to thaw: A years-long freeze is starting to change as Liquid Death and Skims look to go public.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss why beauty is doing so much better than the rest of retail, how we've seen the "lipstick effect" play out, and how beauty shopping habits are changing. Then, for "Pop-Up Rankings," we rank our top four beauty brand marketing strategies other retailers can learn from. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Carina Perkins.
High food prices push shoppers to buy private labels: Store brands accounted for a record share of grocery purchases in the first half of the year.
Bud Light’s popularity plummets: The brand’s multiple missteps related to transgender influencer Dylan Mulvaney have driven consumers to other brands.
Influencer brands like Prime and Feastables are thriving: Consumers are willing to pay a premium for brands by creators like MrBeast, Logan Paul, and KSI.
Gen Z’s buying power is rapidly growing: Food and beverage companies looking to cater to the demo’s unique tastes can’t do so without incurring some risks, however.
Cosmetics and beauty make up a nearly $100 billion industry in the US, and next year more than one-fifth of those sales will come from ecommerce, according to our forecasts. In order to win over beauty shoppers, and Gen Z ones in particular, brands need to pay close attention to where their digital ad dollars go. Here are five charts to help you out.
JD.com, Alibaba bet on grocery as China’s economic recovery stalls: Both companies hope demand for necessities will offset slowing ecommerce sales.