Payments firms may see this as an opportunity to snap up companies, which may help boost business efficiency.
Finally, some good inflation news: The US consumer price index didn’t increase in July, which could restore some faith in ad spending.
Building on momentum from a significant pandemic bounce, mcommerce sales continue to grow, albeit at the lowest rate in years.
The RealReal’s worker shortage is hurting its ability to grow: The resale platform missed Q2 revenue expectations due to lack of inventory, while its labor-intensive model could complicate its efforts to break even by 2024.
Self-scanning stores are about to get a lot more common: 7-Eleven, Dollar General, and Best Buy are among the US merchants that are bullish on self-checkout services.
As classrooms fill up, we’re checking the trends on children’s apparel.
Even as it contracts, Snap looks to the future: The company is planning layoffs but has major long-term ambitions.
It expanded its Visa Direct integration so US customers can send payments to eligible Visa cardholders in six countries.
Digitally native brands focus on physical expansion, but costs are mounting: Allbirds, Warby Parker, and Glossier are shedding workers and expanding retail partnerships to grow sales and stay afloat.
Retailers need to ensure their ecommerce sites are accessible: Taking some simple steps can position merchants to better serve disabled Americans.
Just 7% of US consumers who exercise expect to work out entirely at a gym or studio for the next year. By comparison, 42% plan to exercise only at home, while the rest anticipate using some combination of the two.
Inflation eased slightly in July, but consumers still feel the pinch: Gas prices are falling, but steadily rising food prices are eroding shoppers’ buying power.
Lyft creates media unit to expand ad business: While the move should diversify its business model, this hardly makes the company as differentiated as Uber.
Amazon’s Roomba acquisition is a data privacy nightmare: Regulators are worried that Amazon, which already has eyes and ears in consumers’ homes, will now be able to map and monitor those homes.
The REI Co-op Mastercard lets users earn 5% cash back for REI purchases and 1.5% cash back for all other purchases.