Its growth and cost-cutting measures brought the BNPL fintech its second straight profitable quarter. And it’s projecting full-year profitability for FY 2024
The bank is moving away from the consumer market where the GM program is its last big partnership
Following TrueLayer’s partnership with Stripe, the two tie-ups will propel the company’s growth
Many advertisers see retail media solely as a performance marketing channel. But 7-Eleven’s retail media network, Gulp Media, is aiming higher up the funnel.
Singles Day sales reportedly fell 9.75%: The sluggish results are the latest data to suggest Chinese consumers continue to tighten their purse strings.
German retailers expect to find coal in their stockings: The country’s retail trade association expects sales to fall 5.5% in November and December after taking inflation into account.
TikTok is turning Gen Alpha consumers into skincare experts: Skincare sales among the cohort are soaring, prompting brands and retailers to take notice.
Gen Zs plan to splurge this holiday season: The cohort is more likely than any other generation to increase spending this year, according to new research provided exclusively to Insider Intelligence.
Consumer desire for sustainability isn’t reflected in their buying habits: Concerns over price and quality are limiting sales of eco-friendly goods, while Gen Z shoppers can’t quit fast fashion.
Frictionless online checkouts allow consumers to click, pay, and complete purchases for exactly what they were looking for—but less so for what they weren’t necessarily expecting to find. For retailers, encouraging impulse purchases online requires a different strategy than at brick-and-mortar stores that capitalize on physical displays to prompt low-consideration additions to shoppers’ carts.
As the top two retailers in the US, Walmart and Amazon are battling for holiday success by rolling out the best deals, the fastest delivery, and the best in-store experience. Here’s who we expect will come out on top in each of those areas, plus a post-holiday outlook.
Amazon will offer grocery delivery to non-Prime members nationwide: The retail giant also plans to resume opening Amazon Fresh stores next year.
On today's podcast episode, we discuss the likelihood that news influencers will replace traditional media, whether in-store sampling can make a comeback, how many ads are enough ads, what the science says about social media being addictive, why more brands don't encourage consumers to recycle, where daylight savings time actually comes from, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian and analysts Bill Fisher and Carina Perkins.
Tapestry sees speed bumps ahead: After delivering relatively flat growth in Q1, the parent company of Coach, Kate Spade, and Stuart Weitzman lowered its guidance.
Shoppers’ trade-down behaviors are extending to jewelry: While demand for diamond jewelry is falling, more accessible brands like Pandora and Swarovski are thriving.
The partnership can help PayPal grow its processing volume as it leans on the platform for growth
Innovations to increase the UPI’s utility have fueled growth, but credit card integrations could take away credit card market share for Visa and Mastercard in the country
The BNPL’s strong Q3 performance, thanks to user growth and lower credit losses, puts the company in a good spot as it preps for a potential IPO early next year
Getir pivots to grocery with FreshDirect acquisition: But that may not be enough to win shoppers over, especially as delivery platforms like DoorDash and Uber Eats push deeper into quick commerce.
Instacart leans on advertising to bolster its bottom line: The company’s advertising revenues grew 19%, significantly outpacing the 4% growth in the number of online orders on its platform.