Focusing on non-payments use cases is part of Amazon’s larger strategy for the POS system, which is still small in scale
Adding support for its branded cards on Apple Pay is further proof payments providers’ walled gardens are collapsing
Kroger’s sales sag as grocery prices stabilize: That new state of play could drive the grocer to look to high-margin retail media to drive growth.
Zalando scraps customer reviews: While the move frees the platform from having to police fake or misleading reviews, it also deprives shoppers of a valuable source of information.
TikTok Shop copies Temu’s playbook as it looks for rapid growth: But its haste to onboard sellers has created an opening for counterfeiters and other disreputable brands, which could hurt its long-term prospects.
Overstock finds Bed Bath & Beyond has plenty of brand equity: Since rebranding in August, the retailer improved its top-line performance and attracted new customers.
Instacart rolled out several updates to its Instacart Storefront platform: It added AI-powered conversational search and an in-store mode to its omnichannel digital commerce platform.
Retail stores experiment with loss-prevention strategies as thefts take their toll: Walmart, Dollar Tree, and Lowe’s are among the companies leaning on police protection, locked displays, and high-tech solutions to curb shrink.
On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss what we are paying close attention to this holiday season, how much more the holiday season has been pulled forward, and besides being earlier than everyone else, which holiday strategies will work? Then, for "Pop-Up Rankings," we rank one projected winner and one retailer that needs help this holiday season. Join our analyst Sara Lebow as she hosts director of Briefings Jeremy Goldman and analyst Zak Stambor.
But it faces competition from other mPOS providers and the boom in softPOS demand
The solution brings what has become a security expectation to all transactions after India mandated tokenization for card-on-file transactions
The payments network added USDC settlement capabilities for acquirers as stablecoins gain payments momentum
Mcommerce is driving most of the growth in online sales. Of the $96.87 billion extra spent on ecommerce in the US this year, mcommerce will contribute 61.4%. The channel hasn’t escaped the wider slowdown in ecommerce, but sales via mobile devices are still growing at twice the rate of sales via desktop devices.
Amer Sports pursues IPO as demand for performance athletic gear soars: The company’s three flagship brands, Wilson, Salomon, and Arc’teryx, are all on track to generate $1 billion in sales this year.
B2B merchants have a significant opportunity to drive growth: By addressing some low-hanging fruit such as improving their checkout processes, they can gain share in the rapidly growing space.
Eurozone consumers pulled back in July: Rising prices and elevated interest rates are causing shoppers to think twice before they open their wallets.
Ulta expands in-store ecommerce fulfillment to 400 locations: Stores fulfilled nearly 40% of the retailer's digital orders.
Mobile wallet integration makes checking out more convenient, while composable commerce gives brands the ability to customize and alter their tech stacks to fit their specific needs. Generative AI helps to enhance personalization and product recommendations, and one-click checkout buttons speed up the payment process.
Key stat: Ads for products on sale are the most effective form of retail media advertising, with 51% of US digital shoppers saying they pay attention to them and 44% of digital shoppers saying they purchase from them, per Integral Ad Science.
The number of high-net-worth people in India is rapidly growing: Luxury brands such as Hermès and Christian Louboutin see the region as a significant growth opportunity.