Toys R Us’ revitalization continues with Mexico launch: The toy company is partnering with retailer El Puerto de México to open standalone stores and operate an ecommerce venture to capitalize on local toy demand.
Aldi will soon have more US stores than Albertsons: The grocer plans to open 120 locations this year as more consumers trade down to discount retailers.
Executives at Klarna and Block argue the legislation would add too much friction and create an unlevel playing field
New travel features will help Amazon better compete in the co-brand space and rack up volume.
Both emerging technologies can help Mastercard stay ahead and avoid disintermediation
Day one of the writers strike loomed over NBCU at NewFronts: There was no mention of the strike at Peacock’s advertising event while major shows are postponed.
Roku tries to keep up its Q1 momentum at NewFronts: The CTV service boasted higher reach than primetime network TV amid record cord-cutting.
The Container Store embraces resale: Its partnership with thredUP will allow shoppers to resell gently worn items for shopping credit at The Container Store.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss why retailers should be paying attention to generative AI and how brands and retailers can prepare for it. Then for "Pop-Up Rankings," we rank the top four most interesting examples of how retail is using generative AI. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Yory Wurmser.
Simon Property Group’s strong Q1 earnings and bullish outlook underscore strength of top-tier malls: But economic turmoil could lead to a spate of class B and C mall closings as capital dries up.
GM cancels its best-selling EV, the Chevy Bolt, while Tesla slashes prices to accelerate sales. Intensifying competition could be the opportunity for consumers to switch to EVs.
Marketplaces are fighting for the crown in US ecommerce. Though Amazon remains solidly atop ecommerce sales, Walmart and Shopify are attempting to carve into Amazon’s revenues. Here are the latest updates in ecommerce, advertising, and partnerships from these major players.
Banks and payment providers shouldn’t ignore consumers increasingly using cash to combat cost-of-living pressures.
Economic uncertainty has slashed small and medium-sized business (SMB) satisfaction with their payment service providers (PSPs). This is intensifying competition between acquirers and processors, banks, fintechs, and the vendors that serve them. Providers must enhance and simplify access to cutting-edge solutions that solve key pain points—or risk losing share.
Investors can’t afford to ignore employee-related issues: Amazon, Walmart, and Kroger feel the heat to improve work conditions or else face serious violations from OSHA.
China faces a winding path to economic recovery: Despite consumer spending’s rebound, a manufacturing slowdown and high youth unemployment could preclude a full recovery this year.
Walmart wants to grow its share of the lucrative B2B ecommerce market: The retailer is following Amazon’s lead in search of high-margin revenues to bolster flagging profits.
More rapid grocery consolidation could be on the way: German startup Flink is in talks to be acquired by Getir, despite the latter’s sinking valuation.