Shein embraces resale: But allowing US shoppers to buy and sell previously owned items will do little to counter serious critiques of the company’s labor practices and environmental policies.
Apple and Goldman Sachs teamed for the new high-yield savings feature.
Lowe’s teams up with Yahoo to enhance retail media network: The partnership lets advertisers run off-site omnichannel campaigns and improves measurement and attribution.
Gen Z shoppers have high standards for brands, but limited spending power: That’s why they’re gravitating toward value-oriented retailers like Amazon, Walmart, and Target.
During last week’s Prime Early Access Sale, households spent about 40% less than Amazon’s Prime Day event in July, noted data analysis from Klover.
Insider Intelligence spoke with Riy Edoo, senior director of product management at Pacvue, an enterprise software that works with brands, sellers, and agencies to manage their ecommerce businesses. Edoo shared insight into Pacvue’s recent partnership with Sam’s Club and the future of retail media networks.
Supply chain congestion is easing: That’s bringing down retailers’ costs, which may (eventually) help reduce inflation.
Inflation creates a roadblock for plant-based meat companies: Beyond Meat and Impossible Foods are cutting employees as high prices cause sales to fall.
As the cost of living rises, the range of different industries accepting BNPL is diversifying.
Among US adults, 16% pay for a Walmart+ membership. Those subscribers skew younger: 23% of 18- to 34-year-olds pay for the premium, versus just 10% of those ages 55 to 65.
Consumers kept pace with inflation in September: But there are signs that they may not be able to do so much longer.
Amazon is at a grocery inflection point, battling Walmart and Instacart for ecommerce dominance in the US. While each has its own strengths, Amazon’s ecommerce background gives it a leg up in tech.
TikTok enters the streaming music arena: TikTok is timing its streaming super app and services takeover at a time when key player Spotify’s value is declining and ByteDance is on the rise.
Roku’s smart home play: It’s leaning on its installed base of connected TVs as hubs for affordable smart home cameras, doorbells, and lights.