No more blank checks for Amazon India: The retailer is scaling back its ecommerce offerings to cut costs, creating an opportunity for rivals to grow market share.
The Washington Post intensifies its climate coverage: Expansion includes the addition of more journalists and a new account devoted to visual content.
Once again, Cyber Monday has taken the title of the biggest online shopping day of the year. Let’s break down why it may be a sign of a jolly holiday ahead.
Whether shopping online or in physical stores, most US consumers prefer to use mobile devices to engage with loyalty programs, and less than half prefer email, according to Yotpo’s survey.
Washington comes together to prevent a rail strike: Lawmakers plan to pass legislation that would prevent a labor stoppage, preempting a major supply chain disruption during the holiday season.
Warehouse construction pipeline is at an all-time high: Yet the pace of absorption is beginning to slow as retailers’ inventory levels recede.
Amazon Ads fail at the worst possible time: A measurement mishap on Black Friday extended into the weekend and cost some agencies and brands dearly.
On today's episode, in our "Retail Me This, Retail Me That" segment, we talk about some must-discuss companies and what interests us the most about their recent performance. Then for "Pop-Up Rankings: Earnings Awards Edition," we rank the two best and the two most concerning retailer performances of late. Join our analyst Sara Lebow as she hosts analysts Suzy Davidkhanian and Blake Droesch.
A record number of US consumers shopped over the Cyber Five: 196.7 million US consumers shopped over the five-day period, which is 7.1 million more than the previous high.
As economic pressures weigh down on consumers, 20% plan to use BNPL to help stretch their holiday budgets, per TSG and ETA.
The ad downturn isn’t bad news for everyone: Smaller brands are getting extra visibility from ad spend now that big advertisers are pulling back.
Good deals drove consumers to spend big on Cyber Monday: US retail ecommerce sales may hit a record $11.3 billion—5.8% more than last year, per Adobe Analytics data.
Changing channels: Advertisers adjust their approach to TV as linear viewership falls and video-on-demand takes different forms.
A surprisingly strong start to the Cyber Five: Steep discounts drove record sales on Thanksgiving and Black Friday, as US consumers flocked to stores as well as ecommerce sites and apps over the holiday weekend.
Nordstrom reported a loss in Q3 as lower-income consumers steer clear of Nordstrom Rack: But the retailer is optimistic that shoppers will pick up the pace of their holiday spending later in the year.
The etailer is offering signup bonuses on its cards and other incentives to ensure payments volume stays within the company.