Retailers need to clear their inventory glut ASAP: Those excess goods are eating into their bottom lines, which is why Amazon, Walmart, and others have already launched their holiday sales.
On today’s episode, we discuss the headwinds of economic uncertainty facing two constituents of the credit card ecosystem: issuers and merchant service providers. In our “Headlines” segment, we focus on the tensions between merchants and card issuers/networks. In “Story by Numbers,” we break down the challenges the industry is currently facing. And in a new segment called “Pretend CEO,” our analyst David Morris gives his best guidance to credit card companies and merchant service providers on concrete steps to take during these uncertain times. Tune in to the discussion with host Rob Rubin and analyst David Morris.
The ecommerce boom has been powered almost entirely by a few innovations: Mobile and retail media are two of the largest contributors. But what are the others?
Twitter’s edit feature paves its super app path: Paid subscribers can now edit tweets, and the feature could open up a new revenue stream and payments backbone necessary to fuel super app aspirations.
Amazon abandons Scout: The last-mile delivery robots have been decommissioned as Amazon grapples with slowing profits. The setback could slow down innovation and competition in the delivery automation space.
Insider Intelligence spoke with Lilian Rincon, senior director of product for Shopping at Google, about the tech giant’s newest features, ranging from personalized suggestions to showcasing products in 3D.
Supply chains snafus are easing, but retailers aren’t out of the woods yet: More investment in supply chain management and automation is needed to futureproof operations as climate change disrupts logistics networks.
While many US adults report not using cash most weeks, just how much cash you use depends on who you are.
Digitally native D2C brands’ ecommerce growth is decelerating: That’s forcing these retailers to adopt new strategies such as opening stores and selling wholesale.
Expect a transformation at Twitter over the next few years: We outline where the platform will and won’t change once Elon Musk’s purchase goes through.
Shein’s expanding its US distribution centers in an effort to expand its American market. That’s good news for US customers, who currently wait up to 15 days for deliveries from the Chinese brand.
Even Black Friday and Cyber Monday deals may not be enough to spur spending: Shopkick’s latest survey finds fewer consumers plan to shop those days, despite increased price sensitivity.
He wants to create the US version of WeChat. Twitter can help him do this, but there could be regulatory hurdles ahead.
Consumers want ESG initiatives, but the expense is steep: An increasingly likely recession has industries backing off their ambitious ESG projects.