Physical retail is the leading channel for product discovery, while digital channels complement it by influencing decisions after discovery. To convert shoppers, prices must be competitive, but reviews also heavily influence purchases, especially in apparel and shoes.
Target’s comparable sales rose for the first time in five quarters: While the retailer’s value-oriented focus hit the mark in Q2, Target took a “measured approach” with its outlook ahead.
Macy’s is in a rut: The retailer cut its full-year sales forecast due to shoppers growing increasingly reluctant to spend.
Walmart’s divestiture of JD.com stake is a sign of confidence in its China strategy: The retailer’s decision to go it alone reflects the progress in its ecommerce business, as well as booming demand from deal-seeking shoppers.
TJX keeps its momentum going as consumers seek value: The retailer’s comparable sales rose 4% YoY in Q2, driven entirely by transaction growth.
The ecommerce giant wants to capitalize on India’s huge digital payments growth, but it has to play major catchup to win UPI share
The layoffs aren’t a sign that the company is struggling. The network is reorganizing to push into high-growth areas
The one-click checkout experience rolled out to merchants earlier this month. Adding Adyen as a partner sets it up for growth
More than 181 million people in the US will be Amazon Prime members this year, representing nearly 7 in 10 (73.7%) US internet users, according to our July 2024 forecast. Many of them turn to influencers before checking out; others can be won over by better discounts from competitor retailers; while some favor Amazon for fashion over groceries.
As the Asia-Pacific region experiences profound demographic and economic shifts, the pet economy is emerging as a vibrant and rapidly growing sector.
Walmart opens its ocean shipping network to marketplace sellers: The service is the latest way Walmart aims to make it easier for sellers to operate and bolster its high-margin services business.
Lowe’s joins Home Depot in warning of sales pressure amid difficult market conditions: The home improvement retailer lowered its FY sales forecast as skyrocketing prices, limited supply, and high borrowing costs weigh on the housing market.
ThredUp tests peer-to-peer marketplace model as losses pile up: The resale platform is in need of a reset as it struggles to navigate an uncertain economic environment.
Amazon tests removing product reviews and ratings from search: The retailer claims it will enhance the browsing experience, but it creates friction for the majority of shoppers who rely on customer feedback.
Digital shelf labels are small screens that attach to retail shelves, enabling retailers to update prices and product information in real time.
Lowe’s retail media network rebrand isn’t signaling a new identity, but a confirmation of the relationship it's built with its advertising partners.
Beauty brands experience stiff headwinds as Chinese consumers pull back: Estée Lauder, L’Oreal, and La Prairie maker Beiersdorf need to find new ways to drive growth amid the challenging landscape.
Circle K’s owner makes a major play to broaden reach: Alimentation Couche-Tard’s bid to buy 7-Eleven’s parent would create a retail colossus with more than 100,000 stores.
Digital grocery sales growth accelerated in July: Promotions from Walmart, Instacart, and Amazon pushed delivery sales up 22% YoY, but consumer interest may dry up as the discounts do.
Walmart's ad business drives 26% revenue growth: Walmart Connect leads with 30% increase, outpacing Amazon's ad unit.