Gen Zers make up about 20% of the US population, and they’re growing up. The digitally native generation has unique shopping habits after going through the pandemic during their formative years. From TikTok to the creator economy to payments trends, here’s how our analysts predict Gen Z will change shopping.
It’s trying to mitigate the growing threat that card networks face at the online point-of-sale from open banking.
FedEx announces massive consolidation plan in a push for greater efficiency: The company will combine its Ground and Express units to eliminate redundancies and improve the customer experience.
A year in, Buy with Prime is struggling to attract retailers: Opposition from Shopify and UX limitations are keeping merchants away, despite the opportunity to reach Amazon Prime users.
Levi Strauss’ revenues grew 6% in Q1: But its gross margin declined thanks to high transportation costs and increased promotions to move excess inventory.
Latin American luxury sales growth is expected to decelerate this year: Mounting inflation and sluggish economic growth are at play.
Is India the next China? Retailers from Apple to Dior to Levi’s are looking to expand in the world’s fastest-growing retail market, but success isn’t guaranteed.
The company is shedding dozens of jobs while giving employees a chance to be rehired, revealing it is far more resilient than other Big Tech companies.
From the explosion of ChatGPT to confusing economic indicators, the first quarter of 2023 has proven to be a mixed bag for retail. We break down major developments from the past few months and what they mean for the year ahead.
L’Oréal’s Aesop purchase is the company’s biggest yet: The beauty giant is spending $2.53 billion to stake a larger claim to the highly profitable luxury skincare category.
It added Apple Pay as a payment option for Advanced Checkout and introduced new features to streamline customer checkout.
Secondhand shopping is soaring: We expect resale volumes will grow more than twice as fast as total US retail sales through 2026.
Gen Zs are more likely to start their shopping journey on TikTok than Google: They’re also less likely to cut back on discretionary spending, despite inflation.
Through a multiyear agreement, PayPal will become Live Nation’s preferred payment partner.