The region’s revenues and transaction volume increased 13% YoY and 8% YoY, respectively, despite the firm’s total 6% YoY revenue decline.
Musk says Twitter will share ad revenue with creators: There’s a catch—they have to subscribe to Twitter Blue first.
Uber reports record quarter, sees no signs of consumer spending slowdown: The company’s mobility and delivery businesses grew in Q4 as users remained willing to shell out for convenience.
Under Armour’s inventory struggles reflect industry-wide challenge: The sportswear brand is the latest retailer to report bloated inventories as consumer spending slows.
The rise of delivery platforms could help smaller retailers better compete with Amazon: Our recent report delves into the nuances and drawbacks for retailers leveraging the likes of Instacart, Doordash, and more.
CPG brands keep raising prices: That’s helped companies like Unilever, PepsiCo, and Kellogg’s grow sales. But it isn’t clear how much longer shoppers will continue to spend.
Walmart’s pickup- and delivery-only stores failed to deliver: That’s why the retail giant is shuttering its two concept locations.
Partnering with StepChange will help support struggling customers, but it raises questions around the harm BNPL can cause.
Pinterest’s shopping strategy addresses many social commerce pain points: But sluggish user growth may hinder its ability to increase its share of the market.
More than two-thirds of US consumer credit card revenues came from consumers themselves in 2022, per our estimates. Interest made up the biggest chunk at about 56% of total revenues.
2023 has been a rocky year for retail, with layoffs, inflation, and a potential recession dominating headlines. Despite all that, footwear sales are doing quite well. “People wear shoes. That’s as simple as that,” said Romy Samuel, founder of digital sneaker marketplace Common Ace.
Despite delays, Apple can benefit from its extensive user base and merchant acceptance to build BNPL success.