By 2026, 38.9% of US internet users will use a BNPL solution, up from 30.7% in 2022. And the average user will spend $1,371 via BNPL, up more than 43% from 2022.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the reasons Chinese fast-fashion giant Shein has been so successful as of late. Then for "Red-Hot Retail," our analysts give us their very specific—and potentially risky—predictions about the future of Shein. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Jasmine Enberg.
Myanmar was one of the fastest-growing garment exporters: But since the military staged a coup last year, there’s been a lack of consensus over whether to remain.
Mastercard will help Inswitch offer payment solutions and issuing programs to businesses in the region.
Reddit’s a winner when it comes to Google’s new update: The search giant’s new feature will surface relevant message board content more frequently.
Amazon uses the metaverse, celebrity livestreams to grow market share in India: The retailer hopes the buzz will extend its reach into underserved communities and drive lasting sales growth.
As Amazon aggregators struggle, emerging players turn to Shopify: OpenStore, Everstores, and Una Brands—and their backers—see better opportunities to drive growth beyond Amazon’s ecosystem.
Nike’s inventory troubles dent profits: But the brand’s D2C push and strong brand equity put it in a good position to recoup losses after excess stock clears.
Despite slowing sales growth, US ecommerce sales will top $1 trillion for the first time this year. Our “Reimagining Retail” podcast team spoke about the latest ways retailers are trying to streamline their ecommerce operations.
Retail workers have unionized at a rapid pace: But that momentum may slow as companies like Chipotle and Amazon push back aggressively and consumers grow concerned about an economic downturn.
The majority of US adults are not interested in or familiar with buying via livestream or video. Just 17% have made a purchase this way, and only 6% do so regularly. Those shoppers are more likely to be young and male.
Podcasting’s questionable metrics could hurt its ad business: Major podcasters spent millions on mobile game ads that dramatically inflated listenership.
Google’s latest search features streamline the shopping experience.
The Payment Systems Regulator’s proposal could restore trust in P2P payments and mobile wallets—and could serve as a model for US regulators.