Retail media will be a $45 billion market this year and will continue to grow by about $10 billion in 2024, according to our forecast. Currently, the majority of retail media ad spend is driven by search. But the next phase will be driven by upper-funnel formats and in-store ad opportunities.
Klarna is about more than BNPL: Its Kosma open banking platform is growing as the company creates new revenue streams on the back of its banking and payments infrastructure.
It plans to focus on integrating its newly-acquired startup, Power Financial, and improving business efficiencies.
Consumers have shifted more their spending to dining out: But while restaurant industry sales are expected to rise 6.4% this year, the industry faces several challenges.
Amazon is reassessing its office needs: With the retail giant in cost-cutting mode, it is pausing construction on its second headquarters near Washington, DC.
Instacart taps ChatGPT to further streamline online grocery shopping: The delivery platform is launching a new feature that lets customers “Ask Instacart” for assistance during their shopping journeys.
Brands were abuzz at eTail West 2023 in Palm Springs this week, talking about tech, loyalty, and integration. Here are our top five takeaways from brands like GNC, Poshmark, and Spanx.
Business cards and money links can help address cross-border payment challenges.
Ad spending is increasing across all transaction types, but growth rates are higher for programmatic direct and private marketplaces (PMPs).
Not everyone is a fanatic about livestream shopping: Fanatics Inc. looks to expand in sports memorabilia, but the US live commerce market remains underdeveloped.
Instacart’s revenues and profits spiked in 2022, helped by its growing ad business: That could speed up the timeline for the grocery delivery company’s long-awaited IPO.
Dollar Tree plans to keep prices low in 2023 at the expense of profits: But that may not be enough to offset increased competition from Target and discount grocers.
Macy's and Best Buy are seeing a drop in sales of nonessential goods: Economic uncertainty, inflation force consumers to focusing on necessities like groceries.
Headline inflation across the Eurozone remained high at 8.5% in February: The European Central Bank could keep up interest rate hikes in an attempt to solve the malaise.