CPG brands keep raising prices: That’s helped companies like Unilever, PepsiCo, and Kellogg’s grow sales. But it isn’t clear how much longer shoppers will continue to spend.
Walmart’s pickup- and delivery-only stores failed to deliver: That’s why the retail giant is shuttering its two concept locations.
Partnering with StepChange will help support struggling customers, but it raises questions around the harm BNPL can cause.
Pinterest’s shopping strategy addresses many social commerce pain points: But sluggish user growth may hinder its ability to increase its share of the market.
More than two-thirds of US consumer credit card revenues came from consumers themselves in 2022, per our estimates. Interest made up the biggest chunk at about 56% of total revenues.
2023 has been a rocky year for retail, with layoffs, inflation, and a potential recession dominating headlines. Despite all that, footwear sales are doing quite well. “People wear shoes. That’s as simple as that,” said Romy Samuel, founder of digital sneaker marketplace Common Ace.
Eurozone retail sales fell in December, underscoring the pressures European consumers face: But better-than-expected GDP growth makes a recession unlikely.
There are reasons to be bullish about malls: Foot traffic grew in January, while the number of vacancies continues to decline.
While UK retail sales rose 4.2% in January, volumes fell: The cost-of-living crisis is putting a damper on retail sales—a trend we expect to continue throughout this year.
Getir and Jokr have very different approaches to rapid grocery: Getir is focusing on expansion at the expense of profits, while Jokr is narrowing operations to a few key markets to achieve profitability.
Hashtag ‘#deinfluencing’ tops 68 million views on TikTok: The trend involves telling consumers what not to buy, pushing back against overconsumption and inauthentic creators.
Despite delays, Apple can benefit from its extensive user base and merchant acceptance to build BNPL success.