Retail & Ecommerce

Ferragamo wants to reach Gen Z and younger millennial consumers: That’s why the luxury brand is partnering with Farfetch to upgrade its ecommerce and omnichannel capabilities.

Our Retail Reimagined podcast team talked connected fitness this week. Here are the highlights.

Payments firms may see this as an opportunity to snap up companies, which may help boost business efficiency.

Our 2022 US Retail Mobile App Features Benchmark report analyzes the most in-demand retail mobile app features and ranks the top 10 leading multicategory retailers based on their mobile apps.

Building on momentum from a significant pandemic bounce, mcommerce sales continue to grow, albeit at the lowest rate in years.

Emily Hosie, founder and CEO at Rebelstork, created a resale platform for gently used baby gear and products.

In our 2022 US Cash-Back Credit Card Emerging Features Benchmark report, we analyze the most in-demand features an issuer can offer to attract customers.

Finally, some good inflation news: The US consumer price index didn’t increase in July, which could restore some faith in ad spending.

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.

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.

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.

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.