Delivery isn’t as essential as it was early in the pandemic: That’s creating a challenging environment for pandemic-era winners such as Deliveroo and Getir.
Retailers struggle to find a balance between growth and sustainability: Efforts to reduce environmental footprints often run counter to the desire to grow sales.
Moving across the US-Canada border can be the first step toward international expansion for retailers. Canadian brands like lululemon athletica and Aritzia are thriving in the US. Meanwhile, US-based companies Lowe’s, Nordstrom, and Bed Bath & Beyond recently announced they were leaving Canada. And let’s not forget Target’s famous Canadian failure. Here’s a look at how brands on both sides of the border have fared, and the lessons you can learn from them.
Travel and food propped up spending in Q1, but consumers are pulling back amid record-high credit card debt and inflation.
The UK’s cost-of-living crisis shows no signs of easing: Inflation remained in the double digits in March, even as price increases in the EU and US eased.
Malls are struggling to stay profitable as consumer behaviors change and shopping moves even more online. While foot traffic and occupancy rates are down, there are some opportunities for growth. By changing up their retail mix and mastering the omnichannel experience, malls can regain relevance among shoppers.
Disney and Kroger team up to enhance targeting, measurement capabilities: The partnership gives CPG advertisers the ability to better connect ad exposures to sales or their KPI of choice. (This article was written with the assistance of ChatGPT.)
Just Eat Takeaway touts higher profits even as order volumes decline: North American orders fell by 17% YoY in Q1, further complicating the company’s efforts to offload Grubhub.
Declining demand and rising costs are taking a toll. Samsung and Apple dominate the premium segment, leaving room for budget brands to thrive in emerging markets.
Network International is mulling a $2.6B acquisition bid, which reflects the widespread payments digitization in the region.
Consumers flex their financial muscles: Retail sales in Q1 grew 5.8% YoY and online sales rose 8.6%.
Lululemon looks to sell Mirror after just three years: After purchasing the connected fitness brand in 2020, lululemon is pivoting to an app-based fitness model it rebranded as Lululemon Studio.
Despite bankruptcy rumors, Carvana will be the fastest-growing retail ecommerce company in the US both this year and next year, according to our forecast. In second place this year is Chewy, signaling the strength of category-focused retailers.
Wedding demand is returning to prepandemic levels: But that won’t be enough to save David’s Bridal, even as jeweler Signet prepares for a wave of engagements.
“Over 50% [of users] say they view Pinterest as a place to shop,” said Pinterest CEO Bill Ready. “Yet we haven’t made it easy for them to shop historically, as shoppable content was not integrated into core experiences.”
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss why US home improvement company Lowe's didn't work out in Canada, why Canadian athletic apparel retailer lululemon athletica succeeded in the US, and which Canadian brands would prosper in the US if they chose to fly south. Join our analyst Sara Lebow as she hosts analyst Paul Briggs and vice president of content Suzy Davidkhanian.