Better-than-expected earnings for Etsy and eBay give retailers a glimmer of hope: But continued losses for Wayfair and Peloton show some categories have a longer, difficult road to recovery.
Consumers say sustainability is important and want to support sustainable brands, but when it comes time to buy, price often trumps other considerations.
Kroger plans to acquire Albertsons, a nearly $25 billion deal that will result in a retail media network capable of reaching 85 million US households, according to the company.
Amazon announces an advertising hiring freeze: Its ad business is growing healthily, but a tepid holiday season is making it slow its roll.
The government may require BNPL providers to carry out affordability checks before approving customers, among other measures.
Google makes it easier for holiday shoppers to score a deal: The search giant is helping retailers attract price-conscious consumers with new promotional labels and price comparison tools.
UPS is the latest to turn to logistics-as-a-service to bolster flagging revenues: As shipping volumes fall, the delivery company looks to diversify its business.
BigCommerce merchants can now set up shop on Snapchat: The move grants sellers access to a much wider—and younger—audience, while giving the social platform a much-needed ad boost.
In a year plagued with rising prices and supply chain constraints, many retailers are hoping the holiday season will signal a return to normal. But according to Adobe, that may not be the case.
Sainsbury’s takes a short-term hit to build long-term loyalty: The UK grocer ate some of its rising costs to limit price increases for cash-strapped shoppers.
Amazon pauses corporate hiring: The freeze is the latest in a series of moves to cut costs in the wake of slowing sales.
US ecommerce holiday sales will increase by 2.5% this year, an underwhelming figure compared with 8.6% growth in 2021 and a 33.0% surge in 2020.
Here’s the bad news: Over half (56%) of consumers say they’re more likely to buy from a brand with a loyalty program even though only 36% redeem their rewards more than once a month, according to a study by Salesforce.
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