Shopify overestimated consumers’ appetite for ecommerce: The company cut 10% of its workforce to adjust to slowing ecommerce sales and an uncertain economy.
Following the heels of Amazon’s biggest Prime Day ever, our Remaining Retail podcast team discussed what’s next for the retail giant.
There are fewer retail vacancies than any time in 10 years: Retailers are testing new formats and expanding their physical presences to be closer to where consumers live and shop.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss TikTok's available shopping features, its advertising versus commerce priorities, and what brands should be doing on the platform. Then for "Pop-Up Rankings," we rank the top four TikTok communities driving commerce right now. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Jasmine Enberg.
Inflation could be causing streaming subscription fatigue: Two new studies shed light on consumers’ changing preferences.
The partnership will let brands launch digital co-branded cards that operate on Amex’s network and integrate Amex Offers and other perks.
Worker shortages show no signs of easing this summer: Travel and an uptick in COVID-19 cases are straining businesses’ already slim operations.
CPGs adopt pricing and merchandising tactics to keep budget-conscious shoppers loyal: Companies including Colgate-Palmolive and Procter & Gamble are making decisive moves to prevent market share from slipping.
Kohl’s turns to its retail media network for growth: With the future of consumer spending uncertain, ad dollars may help prop up retailers.
The box office has a supply chain problem: Despite the strong launch of “Nope,” there’s nary a hit in sight over the next few months.
The toy category seems to be immune from the struggles others are facing amid inflation, making it a perfect time for Toys R Us to stage a comeback.
Around the world, some 60% of consumer interactions with companies take place online. This figure has risen significantly since the onset of the pandemic, up from about 40% in 2019.
Amazon used Prime Day to grow its ad business: Amazon heavily pushed its ad platform to merchants ahead of the sales event.
Hasbro and Mattel are optimistic about the future: The resiliency of the toy category coupled with strong IP properties should keep both companies in the green, even in the event of a recession.