While consumer spending remains strong, the issuers face an industry-wide trend of rising delinquencies and net charge-off rates
The launch of the real-time payments system could disrupt the US payments landscape, but it may be a couple of years before its real ramifications are clear
The fee was supposed to help Toast become more profitable, but given widespread backlash, the provider will need to find new ways to bump up profits
On today's episode, we discuss whether Threads can keep up its momentum, if TikTok Music can compete in the music streaming world, how engagement with the Women's World Cup will look, what to make of the Burger King rebrand, whether US consumers actually shop on social media platforms, who invented the first-ever hybrid car, and more. Tune in to the discussion with our analysts Ross Benes, Blake Droesch, and Max Willens.
More fines for Apple and Amazon: Spain’s CNMC fines Amazon and Apple $218M for colluding to restrict online sales. Regulation against monopolies is becoming more aggressive, but can it change how companies do business?
Lowe’s expands same- and next-day delivery options: The home improvement retailer is leaning on a partnership with OneRail to offer shoppers faster fulfillment.
Grocers face no shortage of challenges: Retailers ranging from Walmart to Costco to Dollar General are chipping away at supermarkets’ share of food dollars by focusing on value.
Warm weather and promotions gave UK retail sales volumes a boost in June: Department stores, home goods retailers, and grocery stores saw the biggest increases, although shoppers continue to be highly price-conscious.
Costco wants to build a store 65% larger than its typical warehouse: The Fresno, California, facility would combine ecommerce and traditional retail under one roof.
Walmart aims to help customers with sensory disabilities shop its stores: The retail giant will launch ‘sensory-friendly’ hours on designated days throughout the back-to-school shopping season.
NBCUniversal and Roku experiment with shoppable ads to reach viewers in their homes, while Netflix courts customers in the real world. Here’s how each company is leaning into commerce to diversify revenue streams.
Every Whole Foods store will soon offer Amazon One: The biometric payments technology is already available at over 200 Whole Foods stores, as well as other merchants such as Panera Bread.
Airlines can’t keep up with booming travel demand: With more travelers heading overseas and paying for premium seats, United, Delta, and American Airlines are reaping the rewards.
TikTok is using creator payouts to boost Shop adoption: The platform is offering some influencers cash incentives for reaching sales or livestream goals.
And credit card application rejections could make it harder for consumers to keep up this spending
It claimed in a lawsuit that the card networks conspired to inflate the fees
Indian tourists can now use the UPI in France, which will help boost the payment method’s worldwide volume
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss data, campaigns, and non-Amazon retailers that captured our attention during this year's Amazon Prime Day. Then for "Red-Hot Retail," our analysts give us some spicy predictions about what changes to Prime Day we may see in the future. Join our analyst Sara Lebow as she hosts analyst Blake Droesch and vice president and analyst Andrew Lipsman.
Walmart taps B2B to grow its margins: The retail giant is adding new products and tools to Walmart Business to attract more B2B customers and drive loyalty.