Economic uncertainty is making it hard for some to keep up: Prolonged inflation, financial stress, and rising debt are making for a challenging environment.
Trader Joe’s small, curated stores and limited footprint sets it apart. Between its branding, product choice, and customer experience, there are a lot of lessons other retailers beyond grocery can learn from the Trader Joe’s model. Here are four takeaways from Trader Joe’s.
Cutting costs is the least of Gap’s problems: The retailer’s plans to lay off 1,800 employees may not be enough to revitalize growth as its relevance wanes.
Fintechs are better off cutting costs and scaling back expansion plans until the finance climate improves.
Launching a white-label mobile BNPL solution reinforces its push into installments as a service.
New features that meet business' needs could improve satisfaction, tighten loyalty, and grow business.
Cross-border and B2B payments pushed up the network’s payments volume during fiscal Q2.
Consumer spending rose 3.7% in Q1: People continue to spend, even as high interest rates are take their toll on the broader US economy.
Amazon’s ad business powered the retailer to a better-than-expected Q1: A 21% increase in ad revenues helped offset flat sales growth in its ecommerce business.
Bed Bath & Beyond’s iconic coupons get a second life: The Container Store and Big Lots are temporarily accepting the bankrupt retailer’s coupons.
Gen Zers value authenticity; male beauty consumers ask marketers to keep it simple; and Black, Indigenous, and people of color (BIPOC) beauty consumers want representation. Here are tactics to reach three different beauty consumers across #beautytok.
The IMF is pushing for global regulations, Coinbase is angry, and pan-European crypto rules are coming.
Paying interest on multicurrency accounts could add value to Wise’s suite of services, helping tighten loyalty
EPI wil pilot a digital wallet and instant payments system after axing its plans for a pan-European payments network
The overhaul introduced a flood of features, like AI-powered shopping feeds and live shopping assistants—cementing its pivot from pure-play BNPL.
Carrefour grows sales, market share as more shoppers trade down to private labels: The grocer’s value proposition is resonating with consumers across Europe and Latin America.
2022 ended with nearly 3.5 times more brands operating resale programs than in 2021, per an analysis by thredUP. And 2023 continues to bring new resale initiatives from major names in fashion, such as H&M, J.Crew, and Kate Spade.
US fashion online resale platform sales will increase 15.8% this year, totaling $14.14 billion, according to our forecast. Sales will continue to grow by double-digit rates through 2026, when they will reach $23.92 billion.
Uniqlo, Primark eye US expansion: Both retailers are counting on their affordable offerings to win price-conscious shoppers. (This story was written with the assistance of ChatGPT.)
Kering's lackluster Q1 earnings show the luxury market’s strength may be starting to wane: The share of luxury shoppers planning to spend the same or more on luxury goods fell six percentage points between September and January.