Fintechs are better off cutting costs and scaling back expansion plans until the finance climate improves.
The IMF is pushing for global regulations, Coinbase is angry, and pan-European crypto rules are coming.
Launching a white-label mobile BNPL solution reinforces its push into installments as a service.
New features that meet business' needs could improve satisfaction, tighten loyalty, and grow business.
Cross-border and B2B payments pushed up the network’s payments volume during fiscal Q2.
Bed Bath & Beyond’s iconic coupons get a second life: The Container Store and Big Lots are temporarily accepting the bankrupt retailer’s coupons.
Consumer spending rose 3.7% in Q1: People continue to spend, even as high interest rates are take their toll on the broader US economy.
Amazon’s ad business powered the retailer to a better-than-expected Q1: A 21% increase in ad revenues helped offset flat sales growth in its ecommerce business.
Gen Zers value authenticity; male beauty consumers ask marketers to keep it simple; and Black, Indigenous, and people of color (BIPOC) beauty consumers want representation. Here are tactics to reach three different beauty consumers across #beautytok.
Consumers are weary of stowing banking products across several providers. Embracing super apps could help banks tackle their problem.
Paying interest on multicurrency accounts could add value to Wise’s suite of services, helping tighten loyalty
EPI wil pilot a digital wallet and instant payments system after axing its plans for a pan-European payments network
The overhaul introduced a flood of features, like AI-powered shopping feeds and live shopping assistants—cementing its pivot from pure-play BNPL.
2022 ended with nearly 3.5 times more brands operating resale programs than in 2021, per an analysis by thredUP. And 2023 continues to bring new resale initiatives from major names in fashion, such as H&M, J.Crew, and Kate Spade.
Carrefour grows sales, market share as more shoppers trade down to private labels: The grocer’s value proposition is resonating with consumers across Europe and Latin America.
US fashion online resale platform sales will increase 15.8% this year, totaling $14.14 billion, according to our forecast. Sales will continue to grow by double-digit rates through 2026, when they will reach $23.92 billion.
The majority of Americans plan to prioritize leisure travel spending: Hilton, Delta, and United are among the travel-related companies that are bullish about the rest of the year.
Uniqlo, Primark eye US expansion: Both retailers are counting on their affordable offerings to win price-conscious shoppers. (This story was written with the assistance of ChatGPT.)
Kering's lackluster Q1 earnings show the luxury market’s strength may be starting to wane: The share of luxury shoppers planning to spend the same or more on luxury goods fell six percentage points between September and January.
As apparel retailers grapple with consumers’ pullback in discretionary spending, a few common themes are emerging. Some are refocusing on core consumers while others are experimenting with cutting-edge technologies.