Composable commerce—a modular approach to the technology that underpins ecommerce—has become a buzzword in retail circles over the past few years, following on earlier hype around its precursory “headless” architecture
Eurozone retail sales volumes fell 2.9% YoY in May: Inflation, along with high interest rates, caused consumers to pull back.
US employers added almost 500,000 jobs in June: The still-hot labor market is creating problems for retailers as customer and worker expectations remain high.
The RealReal is looking for cost savings: The online luxury reseller will begin charging sellers a fee for items they no longer wish to sell.
Computer and consumer electronics purchased during the pandemic are due for an upgrade, which is good news for Amazon and retail as a whole. But besides that possible bright spot, this year’s Prime Day event will likely be “unremarkable” as other retailers steal Amazon’s spotlight.
Google Pay QR support in Brazil could spur growth globally: This could expand the wallet’s ambit for both consumers and merchants—and send a warning signal if it expands in developed markets, too.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss big brands going out of business: what happens to the brand, the opportunity for competitors, and whether a brand’s bankruptcy can change consumer behaviors surrounding life milestones. Then, for "Pop-Up Rankings," we rank retailers or brands that are innovating really well and brands that are at risk. Join our analyst Sara Lebow as she hosts vice president of content Suzy Davidkhanian and analyst Carina Perkins.
Biometric tech adoption picks up momentum: A pending new patent on palm recognition will help AntGroup’s Alipay stay apace with rival WeChat Pay and advance global acceptance of the tech.
Diversity gives strength to FedNow’s initial roster: In advance of the much-anticipated instant payment service’s launch later this month, the Fed shared a list of certified early adopters.
Cosmetics and beauty make up a nearly $100 billion industry in the US, and next year more than one-fifth of those sales will come from ecommerce, according to our forecasts. In order to win over beauty shoppers, and Gen Z ones in particular, brands need to pay close attention to where their digital ad dollars go. Here are five charts to help you out.
TikTok aggressively courts sellers: The company aims to grow its social commerce sales by offering merchants free listings and shipping, along with zero commissions.
JD.com, Alibaba bet on grocery as China’s economic recovery stalls: Both companies hope demand for necessities will offset slowing ecommerce sales.
New vehicle sales grew between 12% and 14% in the first half of 2023: By exceeding analysts’ expectations, the auto sector is providing more evidence that the US economy remains fairly strong.
The FTC gets serious about cracking down on fake reviews: A new rule would punish companies that attempt to deceive customers using fake or misleading reviews.
On today's episode, we discuss how time spent on smartphones is changing, what people do on different devices, and what digital time spent in your car might look like. "In Other News," we talk about the significance of Amazon's Sidewalk network and what to make of two new pieces of potential AI legislation. Tune in to the discussion with our analyst Yory Wurmser.
Pride Month draws business support despite anti-LGBTQ+ sentiment: 2023 brought hard lessons for some brands.
A growing share of parents is looking for back-to-school deals: As consumers are generally resigned to spending more this year, 69.5% are hunting for sales and coupons.
Shoppers really hate waiting in lines: Eighty-two percent of consumers avoid going to businesses with lines, while longer waits are making both shoppers and employees unhappy.
Some 29% of US adults are taking less expensive trips this summer due to inflation, according to Bankrate. Slightly fewer (28%) are engaging in cheaper activities as inflation, which has cooled slightly, wears on.
Adding Tap to Pay functionality will help PayPal attract more SMBs and better compete against other providers that are doing the same