The fintech is focused on expanding in foreign markets like India and improving products at home with higher-rate savings accounts.
Prime Day’s performance will be an early predictor of holiday season ecommerce demand—at the product category level and for specific merchandise. Retailers and brands should pay close attention.
TikTok takes aim at Shein and Amazon: The social app’s parent company tests selling products through the viral video app, which one executive describes as ‘a billion-person focus group.’
Amazon’s Prime model is under scrutiny: The retail giant faces a FTC lawsuit that could threaten its positioning as the ‘Earth's most customer-centric company.’
Chinese consumers’ cautiousness extended to 618 promotions: Sales growth slowed to its slowest rate since 2020, while JD.com, Alibaba, Pinduoduo, and others declined to release exact figures.
Target is expanding its next-day delivery radius: The move should allow the retailer to stay competitive with Amazon and Walmart.
Free returns are becoming more elusive: Retailers are turning to final sales more often to get rid of unwanted inventory and eliminate the possibility of returns.
Uber's in-app video ads rollout: Play to rake in retail media ad revenues could leave users and privacy advocates concerned.
Nearly half of US adults said last month that they’re buying more brands on sale due to inflation, while 43% reported buying fewer products overall, according to Ipsos.
Amazon’s health, personal care, and beauty sales soar: Our forecast expects sales in the category will grow 24.1% this year.
Everyone is feeling the impact of rising food prices: SNAP recipients are buying less food, while higher-income shoppers are shifting spend to lower-priced options like Walmart and Dollar General. (This article was written with the assistance of ChatGPT.)
UK grocery prices are finally coming down, to consumers’ relief: Inflation expectations are also ebbing as warm weather and pay hikes drive sales.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the current retail media era, the partnerships that make the most sense, and how social media plays a role in this space. Then for "Red-Hot Retail," our analysts give us four spicy predictions about the future of retail media. Join our analyst Sara Lebow as she hosts vice president and analyst Andrew Lipsman and analyst Max Willens.
The neobank launched the Ultra card, which offers travel, lifestyle, and investment perks. But stiff competition will pose a challenge.
The holiday season could be tough: Despite better-than-expected retail sales in recent months, 43% of merchants are ordering less to avoid getting stuck with excess inventory.
Google joins Amazon’s crusade against fake reviews: Both platforms are going after fake review brokers to protect their reputations and preserve consumer trust.