What does 2023 have in store for retailers? The answer is a bit of a mixed bag.
November retail sales in China fell well short of expectations: Retail sales fell 5.9% YoY during the last month of China’s strict zero-COVID policy.
Amazon will account for 38.2% of all US ecommerce sales this year, per our estimates. In addition to dominating the books, music, and video category, Amazon will capture 50.3% of computer and consumer electronics ecommerce sales and 47.0% of office equipment and supplies ecommerce sales in the US.
Zara parent Inditex is poised to benefit from shoppers’ cost concerns: The retailer saw double-digit sales growth across the first nine months of the year as consumers across all markets bought more cheap clothes.
Inflation eased in November: Slowing grocery inflation and falling energy costs are giving consumers and businesses a reason for optimism heading into 2023.
Cost challenges associated with a new reimbursement policy have spooked community banks—but customers’ love for the service could make it hard to shed.
UK inflation eased in November: However, there is no shortage of challenges facing UK merchants and consumers, including a recent rail strike.
After experiencing a boom during the pandemic, the subscription frenzy has begun to fade as consumers grow weary of the Stitch Fixes and Blue Aprons of the world. Has the category lost its way? Or is there hope on the horizon? Let’s take a look.
Visa has recorded double-digit increases in global friendly fraud incidents so far in 2022—a concerning trend for merchants and issuers.
The digital advertising landscape is shifting and it’s every person for themselves in a fight to the top. Let’s get to know the players and place our bets on who will win the battle royale for ad dollars.
Which BNPL features most valued by consumers does Klarna offer–and which ones does it lack? A snapshot from our dedicated report provides the answer.
Amazon struggles to rein in its corporate headcount: The retail giant is delaying new hires’ start dates in its latest attempt to reduce costs.
Shipt’s delivery orders rose 11% this year: The Target-owned service has had to adjust to consumers returning to in-store shopping this year.
Grubhub partners with Kiwibot to expand its robot delivery service on college campuses: The move could help the food delivery company win more Gen Z signups to its platform, but a broader rollout looks unlikely.