Just 14% of US adults regularly use cashierless checkout, like mobile scan-and-go and just-walk-out technologies. That figure is higher among 18- to 34-year-olds, at 21%, while only 6% of 55- to 65-year-olds use the tech routinely.
We delve through PayPal’s Q3 earnings report to give you the main takeaways.
Starbucks credits the pumpkin spice latte for helping it beat Q4 earnings expectations: But the company’s growth owes just as much to its robust loyalty, customization, and convenience initiatives.
Consumers can’t get enough of food delivery: Both Uber and DoorDash reported significant growth in their delivery businesses as users keep the orders coming.
When times get tough, people turn to sweets: That’s one reason that the makers of Twinkies, Oreos, and Hershey Kisses have boosted their guidance.
It’s not a good time to IPO: Supply chain technology provider project44 is the latest company to put off its plans to go public.
British firms are capitalizing on consumers and small businesses seeking out more flexible and interest-free payments.
Better-than-expected earnings for Etsy and eBay give retailers a glimmer of hope: But continued losses for Wayfair and Peloton show some categories have a longer, difficult road to recovery.
Consumers say sustainability is important and want to support sustainable brands, but when it comes time to buy, price often trumps other considerations.
Kroger plans to acquire Albertsons, a nearly $25 billion deal that will result in a retail media network capable of reaching 85 million US households, according to the company.
Amazon announces an advertising hiring freeze: Its ad business is growing healthily, but a tepid holiday season is making it slow its roll.
The government may require BNPL providers to carry out affordability checks before approving customers, among other measures.