Target’s sales growth stalled and profits fell in Q1: Consumers pulled back on the impulse buys that fueled Target’s pandemic-era growth.
Understanding payments innovation in the region could help Visa beat back mounting threats from homegrown players
Amazon plots an upgrade to its search capabilities, with help from generative AI: The retailer is planning to incorporate an AI chatbot to help shoppers with queries, recommendations, and product comparisons.
Retailers can use digital wallets to speed up the checkout process both online and in-store and reward repeat customers. But creating a standalone wallet may not be the best solution for most retailers, and that’s where partnerships with existing providers can help out.
Shein’s latest $2 billion funding round came with a significant drop in valuation: The fast-fashion retailer is now worth one-third less, as it faces difficult economic conditions and government scrutiny.
TJX Companies had a mixed Q1: The off-price retailer saw strong demand for apparel and accessories, but its home goods business dragged down growth.
Startup M-Kopa’s $250M raise shows the growth potential for firms that can widen financial inclusion in Sub-Saharan Africa.
Record-high debt and record-high card interest rates are leading to missed payments
The streamlined payment platform can make cross-border B2B payments easier and cheaper.
Convenience and dining present a large opportunity for Amazon One to grow without stoking competition concerns
The home improvement market bubble has burst: Home Depot expects sales to decline this year for the first time in over a decade as consumers pull back on home-related purchases.
Amazon Prime will make up 53.1% of US paid retail membership fee revenues this year, according to our estimates.
Magazine Luiza’s 3P marketplace sales surpassed its physical stores in Q1: The company’s online sales rose 11% amid a challenging time for the Brazilian retail market.
Tapestry brings its D2C and wholesale teams together to create a consistent brand experience across channels, while Hollister enables teens to fill their carts and send to a parent for purchase. Instacart and eBay find ways to offer customers more value.
US retail sales rose in April: But plummeting consumer sentiment and declining spend from high-income households could constrain growth for the rest of the year.
Regulators are diverging on Big Tech acquisition and opening opportunities for blockbuster mergers despite mounting antitrust concerns.
Total media ad spending in the US will pass the $350 billion mark this year, but growth is slow at just 3.8%, according to our forecast. “That is not great compared to almost anything in recent memory; however, there is a U-shape to this line,” our analyst Ethan Cramer-Flood said during our “US Digital Ad Spend Outlook” webinar. Connected TV and retail media will prove to be bright spots, but social media could be a challenge.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss how many Americans have a mobile wallet, which ones are most popular, and what's happening with retailers' branded wallets. Then for "Red-Hot Retail," our analysts give us four spicy predictions about the future of mobile wallets. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Jaime Toplin.
On Running’s sales soared 78% in Q1: The Swiss running shoe brand also increased its margins by 6.5 percentage points and is bullish on the year ahead.
Meta strategically opening up WhatsApp’s chat payments functionality in Brazil and Singapore is the next step in creating a super app for over 2 billion global users.