On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss how the resale market is evolving, why some retailers work with a third party instead of developing their own charitable programs, and the role of digital marketplaces in resale. Join our analyst Sara Lebow as she hosts vice president of content Suzy Davidkhanian and Nancy Youssef, chief global business development officer of Soles4Souls.
Affluent consumers feel good about the economy and their own finances: But there’s often a lag between those positive feelings and spending gains.
Can Rufus transform how shoppers navigate Amazon? The genAI-powered tool creates a more engaging experience that could drive consumers to the retail giant for advice and inspiration.
Target announced it will launch a paid membership program April 7, following Amazon and Walmart’s lead.The move comes asTarget struggles to keep up with competitors.
Target will launch a paid membership program next month: It’s also opening new stores, remodeling existing locations, and adding more low-cost private-label items meant to drive shoppers to spend.
Nearly a third (32%) of US consumers plan to celebrate St. Patrick’s Day this year, per Numerator. Of those, 91% say they expect to buy something for their St. Patrick’s celebration, with food and alcohol being the top items purchased.
Biden launches task force to take on unfair pricing: The goal is to push companies to offer greater price relief to consumers as shrinkflation and other tactics take their toll.
France targets Shein with proposed ultra-fast fashion crackdown: The government is looking to impose penalties to offset the company’s environmental impact.
The reported sale is likely in response to growing POS competition as mPOS and softPOS gain traction
Net revenues decreased 42% YoY during the quarter due to new terms from the company’s largest contract
Demand for faster payments is taking off for both businesses and consumers
77% of US advertisers incorporate on-site ads as part of their retail media strategy, according to a February 2024 report by Skai and Path to Purchase Institute.
Since bringing its retail media capabilities in-house, grocery giant Kroger continues to develop its self-service strategy for advertisers, Cara Pratt, SVP, Kroger Precision Marketing at 84.51°, recently told EMARKETER.
The wild economic fluctuations of the pandemic era are receding. Last year reintroduced an air of relative predictability, and the forecast for 2024 and beyond shows smooth sailing. For the next two years, retail sales will grow 4% to 5%, and ecommerce more than 8%.
Whole Foods Market will open small-format stores: But it isn’t clear whether the 7,000- to 14,000-square-foot locations will satisfy consumers’ appetite for healthy groceries.
Sezzle and Klarna made progress toward long-term profitability in 2023—we look at how they’re using subscriptions to help make that happen
It could help make Mastercard a more attractive partner for issuers and boost conversion rates
Replicating this partnership across the BNPL industry would give lenders a clearer picture into consumer’s debts and may help ease overextension
X is losing ground to Threads rapidly: Meta’s Twitter-like platform passed X in daily downloads last month by a wide margin.
Walmart makes a huge acquisition in hopes of taking on Amazon’s retail media dominance, while Amazon keeps churning out generative AI innovations. Plus, Target tries to steal share from Walmart’s prowess on attracting deal-seeking shoppers. Find out who else earned a spot in our Unofficial” Most Interesting Retailers List, a monthly ranking revealed on an episode of the “Behind the Numbers: Reimagining Retail” podcast.