More Gen Zers said card-linked plans are better for shopping than fintech offerings.
Its emergency digital card will be a valuable feature as digital wallet acceptance grows. But the network is still years behind Mastercard.
L’Oréal blames weak China sales for slower global growth: While the company sees sluggish premium demand, mass market players are winning over price-conscious consumers.
Proximity mobile payment transaction value will increase by 21.4% this year and by double digits through the end of our forecast in 2028.
Eroding pharmacy margins drive Walgreens to make major changes: The retailer plans to close a “significant” number of stores amid a challenging environment for pharmacies.
Consumers spend cautiously as inflation perceptions, higher debt payments hurt confidence: But we expect retail sales growth to be healthy as buying power recovers.
The network’s BNPL plan just went live on Amazon’s Canadian site. If it goes well, Affirm might not have a future with the retail giant.
Gen Z may be racking up credit card debt, but their credit scores are growing faster than average. We take a deep dive into Gen Z’s debt habits and find reason for optimism.
Albertsons, Costco, and Instacart are enhancing their retail media offerings. TikTok Shop reached a $1 million livestream. And three-time consecutive first place winner Walmart is developing immersive ways to shop and catering product lines to younger shoppers. Here’s our Unofficial Most Interesting Retailers List for June 2024.
The new feature addresses user demand and offers them more content-sharing options, increasing Steam Deck’s competitive edge over Nintendo’s Switch.
The clash between publishers and Big Tech isn’t over: A California bill requiring tech to compensate publishers is advancing. Meta and Google are likely to strike back.
Buying Tock will deal a blow to Chase and puts Capital One’s dining reservation partnership back in play.
Saks Fifth Avenue’s The Fifth Avenue Club is in expansion mode: The personal shopping service will have 20 standalone locations by year-end as the retailer leans into high-touch experiences.
Nike just closed one of its worst years in two decades: That’s the result of missteps including losing ground in the critical running category and leaning too far into D2C.
Latin America retai media ad spending is set to triple by 2028: Our new report unpacks what's driving the growth as well as the opportunity for retailers.
Bosch weighs Whirlpool acquisition as it braces for weaker consumer demand until 2025: The move would enable the German company to grow its share of the market and capitalize on strong sales for smaller appliances like stand mixers.
Almost a quarter of retailers (22%) have already deployed genAI to automate customer service, with a further 25% currently trialing it.
Amazon to launch budget marketplace to compete with Temu, Shein: The retailer is copying their playbook—complete with cheap products and longer delivery times—to stay ahead in the ecommerce race.
Sam’s Club grew its Gen Z membership 68% over the past two years: Younger consumers’ growing focus on value has made warehouse clubs and their high-quality private label brands more appealing.
While intermediaries’ share of ecommerce sales (grocery or otherwise) will remain relatively flat for the next couple of years, they’re still a long-term threat to traditional retail. But there’s an opportunity for retailers to use intermediaries’ strategies against them.