Pinduoduo plans US expansion as China’s economy slows: The ecommerce platform hopes to follow Shein’s blueprint for success, but Amazon’s dominance could stifle growth.
Gap turns to logistics as its retail business falters: The retailer is offering other brands its supply chain capacity and know-how to offset declining sales.
eBay’s growth depends on its ability to dominate narrow niches: That’s why it is buying TCGplayer, an online marketplace for collectible trading card games such as Pokémon.
China’s slowing economy is taking its toll on retail companies: While JD.com topped expectations in Q2, it still posted its slowest year-over-year revenue growth on record.
Instacart’s IPO appears on track: The company’s Q2 revenues reportedly grew 39% and the number of orders placed on its app rose 25%.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the major takeaways from the latest retail earnings, the expectations versus reality, and what key performance indicators to watch going forward. Then for "Pop-Up Rankings," we rank the keys to second-half success for three major retailers. Join our analyst Sara Lebow as she hosts analysts Suzy Davidkhanian and Andrew Lipsman.
The FCA warned BNPL firms over “misleading adverts” and threatened breachers with criminal action.
Foot Locker forges a path forward without Nike: The retailer hopes new CEO Mary Dillon will help it compete more effectively for ecommerce dollars and keep shoppers from defecting.
BeReal’s rise is knocking Facebook out of the US App Store’s Top 10: As younger users gravitate to authenticity, they’re getting new phones—and not downloading Meta’s flagship app.
TikTok and Pinterest make it easier to shop: Both platforms launched social commerce features to appeal to brands and enhance the consumer path to purchase.
Warehouse clubs thrive as shoppers look for deals: BJ’s, Sam’s Club, and Costco are seeing increased traffic as consumers of all income levels prioritize value.
Amazon pauses its UK grocery store expansion: Disappointing sales and stiff economic headwinds at its 19 Amazon Fresh locations drove the retail giant to halt its plans to open hundreds more sites.
Inflation is causing shoppers to pull back on spending: Roughly two-thirds of consumers have taken steps in the last month to save money in the wake of persistent inflation.