Retail & Ecommerce

The government will spend $318.4 million to encourage more banks and payment providers to support the domestic solutions.

Gen Z is slightly less concerned than any other generation about buying from brands that reflect their social values, according to December 2022 data from Morning Consult.

For the first time in a while, workers chalk up wins: Amazon lost its appeal to the union victory, Apple store employees begin collective bargaining, and Home Depot scraps timesheet rounding.

After experiencing a surge in growth in 2021, US retail sales growth began to slow last year, a pattern which will continue into 2023. According to our forecast, sales will rise by less than 3% this year, reaching over $7.3 trillion.

Beware of the ‘retailpocalypse’ narrative: While retailers such as Gap and Macy’s shutter stores, there’s no sign that a broader bust is imminent.

Click-to-door time was as low as 4.4 days in July 2022 for non-Amazon digital retailers in the US, according to NielsenIQ. But Amazon has them beat by a lot, with an average click-to-door speed of 1.9 days.

Instacart’s grocery sales growth is slowing: With investors souring on app-driven delivery startups and a deceleration in its grocery sales, the company cut its internal valuation by 20%.

Babies R Us is coming back: But it isn’t clear whether consumers are looking for, or want, a dedicated baby concept.

Supply chain operators struggle with worker shortages and strikes: Cost-of-living struggles continue to spur labor activity at ports worldwide, driving companies to offer higher wages and improve benefits.