The top two reasons shoppers worldwide buy directly from brands are a better price (53%) and free delivery (49%), followed by fast and convenient delivery and free returns (both 36%), according to Wunderman Thompson.
From improving in-store inclusivity to taking advantage of Bed Bath & Beyond’s closure, here are three examples of how back-to-school’s biggest players are delivering value through discounts and enhanced shopping experiences.
Unilever, Nestlé, Keurig Dr Pepper signal slowing price hikes: But that may not be enough to win back market share from private labels.
US shoppers prefer to make their luxury purchases abroad: Spending from American tourists in Europe helped offset sales declines in the Americas for LVMH, Kering, Prada, and more.
On today's special episode, we continue our monthly show where we discuss the biggest trends of the moment and the newest research, sprinkle in some analysis, and bundle it up into a quiz. Every month, three of our analysts representing their respective coverage area teams compete against each other. (We also encourage you to play along at home.) We keep a running score and will crown a winning team at the end of the year. Today, we cover how much the world is traveling again, how Amazon Prime Day did, the staying power of Threads, and more. Tune in to the discussion with this month's contestants: our analysts Carina Perkins, Max Willens, and Yory Wurmser.
The solutions should help the networks attract and retain more clients
The Clearinghouse’s RTP Network and Nacha’s Same Day ACH network face steeper competition in Q3 from FedNow
Treasury will reportedly table its BNPL regulations in light of economic headwinds—here’s what that means for Klarna
In-store retail media initiatives are gaining momentum: Loblaw, Macy’s, and Schnucks Markets are the latest retailers to invest in the channel.
Gen Z shoppers are driving resale’s growth: Roughly three in five Gen Z consumers look for an item secondhand before buying it new.
Amazon offers to change UK business practices to avoid further antitrust investigation: The changes would ensure equal treatment for sellers on its marketplace and prevent the retailer from using seller data to inform its own retail business.
The case focuses on claims of abusive App Store commissions. Poor developer relations could be a roadblock to the company’s long-term mixed-reality pivot.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss what's most important this back-to-school season, how much Amazon Prime Day might have stretched out the shopping period, and where coolness comes from. Then, for "Pop-Up Rankings," we rank the things you need to do to be better than OK and in an OK market. Join our analyst Sara Lebow as she hosts vice president of content Suzy Davidkhanian and analyst Zak Stambor.
Apparel and consumer electronics could get a boost from the back-to-school and holiday seasons. But home improvement may have a ways to go before the category rebounds.
US consumers pull back on discretionary purchases: Despite real wage and consumer sentiment gains, a wide array of retail companies have reported a shift in spending patterns.
TikTok will launch its ecommerce platform in August: The platform will sell goods made in China to US consumers, following in the footsteps of Shein and Temu.
UPS, Teamsters narrowly avoid a strike: Workers wrung significant concessions from the delivery company, including pay increases and more union jobs.
Grubhub+ rewards members for picking up their orders: That’s one of the new features for the revamped program that Grubhub estimates will save members an additional 20% per month.
Albertsons hit its marks in Q1: The company is leaning into private labels, growing its loyalty program, and boosting its digital sales.
On today's episode, we talk about the top three banking trends for the second half of the year that are identified in Insider Intelligence's latest report, Banking Trends to Watch for H2 2023. We discuss in detail banks' renewed focus on customer acquisition, how mergers and acquisitions have returned to the space, and in what ways banks have begun rolling out generative AI tools. Join the discussion with host Rob Rubin and our analysts Eleni Digalaki and David Morris.