Aldi’s Winn-Dixie acquisition marks a departure for the discount grocer: The deal will allow Aldi to experiment with larger stores, but it could force a shift in its private label strategy.
Buy Buy Baby and Harmon still have strong brand equity: That’s why both brands, which were owned by Bed Bath & Beyond, are set to reopen.
Amazon implements new seller fee as FTC antitrust case looms: The retailer will take an additional 2% cut on sales from merchants not using its fulfillment services.
Though growth is slowing, digital grocery will continue to fuel overall ecommerce growth in the US. “Growth is no longer driven by new adopters, but heavy digital grocery users,” our analyst Blake Droesch said on a recent “Reimagining Retail” podcast episode. Here’s how retailers like Instacart, Amazon, and Walmart can capitalize on frequent buyers.
Gen Z shoppers expect multiple payment options: 27% of them won’t click the buy button if a merchant doesn’t offer buy now, pay later.
PayPal said Alex Chriss will take over as CEO from Dan Schulman, while Discover CEO Roger Hochschild abruptly resigned
The tools will help developers more easily launch embedded finance solutions, a key benefit of modern card issuing
Mastercard sees growth in Africa’s mobile money business: The card network purchased a minority stake in the fintech division of MTN Group as electronic payments take off in Africa
Uber gets its fintech license in Mexico: Now the ride-hailing platform can compete with its rival DiDi in offering virtual wallets and debit and credit cards, as another nonbank holding consumers’ money.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the changes in how US consumers buy groceries, strategies for building future growth in grocery, and who has the best shot at winning. Then in a newish segment, "Loyalty Point, Counter Point," we present arguments both in favor of and against Uber and DoorDash being able to push even further into grocery. Join our analyst Sara Lebow as she hosts analyst Blake Droesch and director of content Becky Shilling.
Target’s struggles continued in Q2 as discretionary spending stays under pressure: The retailer suffered its first revenue drop in six years as shoppers shifted more spending to essentials.
JD.com and Alibaba’s strong Q2s offer some relief from China’s economic malaise: But the environment is looking increasingly difficult for the majority of retailers, as China’s rebound stalls and shoppers grow more price-conscious.
TJX is thriving as more consumers turn to off-price retail: The company’s “treasure hunt” experience is resonating with Gen Zs and millennials, as well as driving repeat visits from bargain seekers.
DoorDash’s grocery business is booming, and Instacart is leaning on advertising to tide it over as its delivery volumes are down. Perhaps taking a cue from both, Uber Eats continues to add non-restaurant delivery partners while also building out its advertising platform.
Instead of trying to compete with Amazon, Barnes & Noble is changing to appeal to consumers looking for the experience of an independent bookstore with the resources of a large chain. Leaning on local inspiration and a store layout that optimizes discovery, Barnes & Noble is revamping its 596 locations, as well as its membership program.
Amazon Ads remains the torchbearer for the fast-growing retail media industry. Despite nearly every major retailer launching their own retail media network (RMN) in recent years—with several beginning to scale—Amazon’s No. 1 position will be secure well into the future.
The tough housing market weighed on Home Depot’s Q2: The company’s sales fell as consumers displayed limited appetite for big-ticket purchases and falling home sales dampened renovation demand.
On Running is firing on all cylinders: The performance footwear company grew D2C and wholesale revenues—as well as market share—in Q2.
Walmart, Target poised to be big winners this back-to-school season: Four in five shoppers plan to shop at a mass retailer as price considerations and convenience take precedence.
Packaged craft beer sales are down 3% YoY: The industry is struggling to deal with a host of challenges, including consumers’ shifting preferences and inflation.