37% of US Gen Zers and 32% of millennials have used a buy now, pay later (BNPL) service to make at least one purchase recently, according to Morning Consult.
As Cyber Monday rages on, let’s take a look at what’s already happened over the course of the Cyber Five weekend and what it means for both retail media networks and advertisers alike.
UK Black Friday sales fall as shoppers tighten their belts: Transactions and footfall were down YoY, although online sales were a bright spot.
Amazon is cementing its status as the US’ top delivery company: The retailer is on track to deliver more packages than UPS for the second year running.
Steep discounts drove record Black Friday online sales: Ecommerce sales surged on the day after Thanksgiving, while brick-and-mortar sales grew just 1.1% YoY.
On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss whether TikTok Shop will face the same challenges as Instagram's social commerce efforts, how much Amazon's partnership with Meta's social media platforms will affect TikTok, and if TikTok Shop is ruining TikTok. Then in a newish segment, "Loyalty Point, Counter Point," we discuss whether Instagram or TikTok has a better overall ecommerce experience. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Blake Droesch.
’Tis the season for a deluge of holiday ads, as everyone tries to score a piece of the $1.317 trillion holiday sales pie (per our June 2023 forecast). To break through the noise, brands need to zero in on what resonates with consumers—and maybe even have a little fun.
Brand loyalty vs. brand backlash: Consumers want companies to support social causes despite the corporate dilemmas that could result.
Open banking has propelled the growth of alternative credit, but the model isn’t risk-free
This could make it harder for riskier consumers to get approved for credit cards in the future
The approval is a potential sign of thawing geopolitical tensions; Mastercard was approved after a summit between Xi and Biden
Cyber Monday will top $13 billion in US online sales, while Black Friday will crack $10 billion for the first time, according to our June 2023 forecast.
The parcel industry is ready for the holiday surge: Carriers like the US Postal Service, FedEx, and UPS should have more than enough capacity to handle the holiday peak.
Shein and Temu have a long way to go before they can truly threaten Amazon: While their aggressive ad strategies are successfully driving site visits, conversions are proving more elusive.
Roughly one in seven self-checkout users has purposely shoplifted: Rampant theft is causing Target, Walmart, and others to rethink their uses of the technology.
On today's podcast episode, we discuss whether Humane's new AI pin is about to become as ubiquitous as the smartphone, just how much ground brick-and-mortar retail will give to online shopping, the next big social media app, if folks will start shopping on Amazon right from their Facebook and Instagram feeds, how news consumption on social media is changing, which airlines carry the most passengers, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian and analysts Max Willens and Yory Wurmser.
The arrangement cuts Android app store fees and stokes regulatory scrutiny over selective, anticompetitive practices. Intensifying regulation and developer fallout could follow.
As Gen Zers grow up and their purchasing power expands, they’re redefining the relationship between brand and consumer, expecting brands to be community-focused, authentic, and culturally relevant.
TikTok's marketing influence grows: The platform is becoming pivotal in holiday campaigns and consumer engagement.
Turning around Kohl’s fortunes won’t be easy: The retailer is the latest department store to struggle to convince middle-class consumers to spend.