Private labels are narrowing the gap with national brands: Nearly five in 10 shoppers prefer store brands due to quality and variety.
The beauty market is poised for strong growth: L’Oréal’s CEO expects industry sales to reach over $425 billion by 2030. But the growth will be concentrated among sustainability-focused brands.
UK consumers are feeling OK, while Canadian shoppers pull back: That’s reflected in August retail sales rising 0.8% in the UK and falling 0.3% in Canada.
ChatGPT use has declined over the past few months, but AI isn’t going anywhere. Retailers are innovating with their own homegrown and acquired AI tools to scale listings, improve search, and enhance personalizations.
Halloween spending is poised to hit a record high this year: NRF’s forecast expects sales to jump over 15% as more consumers participate in holiday-related events.
Uber Eats looks to expand its customer base: It plans to begin accepting SNAP benefits next year, as well FSA Cards, Flex Cards, and relevant waiver payments.
H&M is the latest fast-fashion retailer to charge for online returns: While the move could help cut costs, it could also dampen consumers’ desire to shop.
Darden Restaurants calls out uneven dining demand: While the restaurant chain’s casual brands are thriving, fine-dining sales fell as customers trade down or avoid eating out.
On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss how younger Gen Z consumers are most likely to discover grocery products, whether this new wave of celebrity-backed brands is different from previous ones, and what social media's role in all of this is. Then, for "Pop-Up Rankings," we rank the four elements a celebrity- or creator-led consumer packaged goods (CPG) brand needs to succeed. Join our analyst Sara Lebow as she hosts analysts Blake Droesch and Carina Perkins.
The second-largest employer in the US will hire 250,000 logistics workers, offering higher wages and bonuses despite sluggish retail and past layoffs.
The firm added new payment methods, a dynamic express checkout, and an A/B testing system
The Block CEO’s return to Square could include a crypto push
RFID technology makes Just Walk Out compatible with clothing and other softline shopping categories, opening it up to new use cases
Key stat: 43% of US adults say discounts are the main reason they sign up for subscription services, per May data from SurveyMonkey.
WhatsApp continues its push to become an end-to-end shopping platform: The messaging app is rolling out new features to make it easier to purchase items and services via chat.
Walmart is opening a pet services center: The move positions the retailer to grab a share of some of the most lucrative areas of the pet industry: health and other services.
Quick-commerce companies face shrinking valuations as investor interest cools: Jokr’s valuation fell nearly 40% in its latest funding round, while Getir’s could plunge by as much as 80%.
Google is bringing Bard AI to its suite of apps. The potential for adoption is huge and could minimize reliance on rival services like ChatGPT.
Target moves quickly to grab a share of holiday sales: The struggling retailer’s Q4 push will begin with the launch of its Target Circle Days sale on October 1.
Ikea adds a BNPL option: Letting customers pay for products in four installments removes a barrier keeping them from buying furniture.