Even as it contracts, Snap looks to the future: The company is planning layoffs but has major long-term ambitions.
As classrooms fill up, we’re checking the trends on children’s apparel.
Retailers need to ensure their ecommerce sites are accessible: Taking some simple steps can position merchants to better serve disabled Americans.
Discount stores ranked among the fastest-growing retailers in the US last year: But low prices, not customer loyalty, is driving that growth.
BigCommerce sees ecommerce as “mission critical”: The ecommerce platform’s strong Q2 growth reflected businesses’ continuing investment in online retail, even as growth slows.
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.
7-Eleven invests in rapid delivery with latest acquisition: The convenience store chain hopes to use delivery startup Skipcart’s expertise to challenge Gopuff, but the costs could outweigh the benefits.
The REI Co-op Mastercard lets users earn 5% cash back for REI purchases and 1.5% cash back for all other purchases.
Nearly a third of Gen Z consumers will prefer to use apps for online payments in five years, according to Logica.
When it comes to online shopping, 61% of US consumers begin their product hunt on Amazon, close to half on a search engine like Google, and 32% on Walmart.com.
Retailers in Latin America will face a slew of macroeconomic challenges this year as rapidly changing market conditions weigh heavily on consumers’ minds—and wallets.
Rising labor costs cause retailers and restaurants to pause hiring: Fifty-seven percent of retailers and 38% of small restaurants have implemented hiring freezes because of inflationary pressures.
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.
Block’s gross payment volume surged 23% YoY in Q2—but total net revenues dropped 6% YoY as a result of Bitcoin losses.