Victoria’s Secret turns to acquisition to bolster its inclusivity push: The lingerie retailer plans to buy Adore Me, a D2C intimates brand known for inclusive sizing and body positivity.
Pinduoduo, ByteDance pose threat to Amazon: China-based companies are getting into international ecommerce for an expanded customer base. If the prices are right, they could give Amazon more Q4 worries.
Despite setbacks, the unionization movement keeps chugging along: But anti-union rhetoric from executives may cause many to prioritize job security over collective bargaining.
Balances returned to pre-pandemic levels in September. Card issuers should keep an eye on spending as economic storm clouds form.
Shein takes on Zara and H&M: The fast-fashion company owes its astronomical rise to cheap clothes and a unique manufacturing model, but concerns over its environmental and labor practices could bring it back down to earth.
In 2024, robots will be used by just under half of medium to large operators of warehouses and fulfillment centers in the US. That’s up slightly from 44.9% this year and significantly from 28.0% in 2019.
Visa’s payments volume grew 10% YoY, and Mastercard’s increased 11% YoY. Both firms benefited from strong travel spending, among other factors.
Amazon’s Q3 earnings are a mixed bag: Strong sales and ad growth helped return the retailer to profitability, but the company’s retail business continues to lose money.
Pinterest is bright light in dim Q3 for social platforms: Company delivers better-than-expected revenue and notes deeper engagement with users.
Shopify exceeded expectations for the third quarter, reporting higher-than-expected revenues and a smaller-than-expected loss.
Insider Intelligence spoke with Julie Van Ullen, Managing Director, Rakuten Rewards about the current shift in consumer behavior as a result of inflation and the recent challenges many brands have been facing.
Apple’s 30% payments fee condemned: Meta, Spotify, and Elon Musk rail against Apple’s App Store policy changes. It signals a need for diversification amid Big Tech’s declining ad revenues.
In-store retail media’s power isn’t dependent on personalization: That makes it significantly easier to deploy.
Amazon broadens advertising appeal with latest ad updates: The retailer is adding new formats and expanding the verticals that can advertise on its platform.
A railroad strike is looking increasingly likely: Two unions have rejected the tentative agreement brokered by the Biden administration over concerns about inadequate sick leave.