As apparel retailers grapple with consumers’ pullback in discretionary spending, a few common themes are emerging. Some are refocusing on core consumers while others are experimenting with cutting-edge technologies.
Consumers are weary of stowing banking products across several providers. Embracing super apps could help banks tackle their problem.
The majority of Americans plan to prioritize leisure travel spending: Hilton, Delta, and United are among the travel-related companies that are bullish about the rest of the year.
Offering instant payouts can help insurers engage customers and prospects.
Fiserv’s Tap to Pay on iPhone rollout and ACI’s expansion into larger merchants open up a big growth opportunity for these providers
China has been ramping up its efforts to boost adoption and solidify itself as a CBDC leader
Rampant fraud could deter adoption of digital payments, which Nigeria is pushing initiatives to expand.
UPS’ Q1 fell short of expectations: The company noted that US retail sales volumes were lower than anticipated and it expects more challenges ahead.
McDonald’s had the most downloaded app of any quick-service restaurant in the US in March, with 3.5 million downloads, about 2 million more than No. 2 Starbucks, according to Apptopia. Taco Bell, Subway, and Domino’s Pizza rounded out the top five.
PepsiCo, Nestle, and Kimberly-Clark all saw sales volumes decline slightly in Q1: But price increases enabled the companies to beat analysts’ expectations.
McDonald’s and Chipotle see sales, visits soar as consumers search for value: Both companies credited digital initiatives with helping boost customer engagement and loyalty.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss points of tension around Trader Joe's and other cult grocery brands. Then for "Pop-Up Rankings," we rank the top four private label grocery brands people go out of their way for—and why. Join our analyst Sara Lebow as she hosts vice president of content Suzy Davidkhanian and analyst Zak Stambor.
While mid-tier retailers like Bed Bath & Beyond and Kohl’s struggle, discount and luxury retailers are seeing success as some consumers trade down amid inflation while others splurge to treat themselves amid tough times, respectively. But these polar opposites are using the same tools and tactics to attract new customers and retain current ones.
The integration lets restaurant owners sync their Wix restaurants sites with Square’s platforms
After an underwhelming Q1 performance, revisiting a Walmart partnership would play to its strengths.
Netflix gets a boost from Latin America in Q1: The region is a vital market for new users and incremental revenue growth, despite the controversial clampdown on password sharing.
As a TikTok ban swirls, Snap tries to lure creators: Content creators don’t want a ban, but Snapchat might.
It’s increasingly difficult for specialty retailers to thrive: Consumers have a nearly endless number of places to shop online, which created a challenging environment for Bed Bath and Beyond.
Walmart’s cost-cutting spree continues with Eloquii sale: The plus-size apparel brand is the latest to be offloaded as the retailer doubles down on its marketplace and Walmart+.