Warehouse clubs thrive as shoppers look for deals: BJ’s, Sam’s Club, and Costco are seeing increased traffic as consumers of all income levels prioritize value.
Amazon pauses its UK grocery store expansion: Disappointing sales and stiff economic headwinds at its 19 Amazon Fresh locations drove the retail giant to halt its plans to open hundreds more sites.
Inflation is causing shoppers to pull back on spending: Roughly two-thirds of consumers have taken steps in the last month to save money in the wake of persistent inflation.
Tesla founder Elon Musk made headlines last week for once again proposing to buy a company he had no intention of purchasing—soccer club Manchester United. But while celebrity gossip-style speculation swirls around the richest man on earth, what’s going on back at Tesla?
Everything you wanted to know about TikTok but were afraid to ask: Not a TikTok user? Not advertising on the platform yet? This quick explainer tells you what you need to know.
This week, our Reimagining Retail podcast crew talked about which retailers had the biggest opportunity in terms of sustainability as a follow up to our newly released “US Retail Sustainability Perceptions Benchmark 2022.”
The US is becoming more multihued and multicultural: Demographic changes make it imperative that companies devote more attention to the needs and opportunities for highly diverse younger age cohorts.
Hot inflation and a tougher climate for startups is giving BNPL firms a new opportunity with new risks.
Inflation is changing how shoppers will spend this holiday season: With more consumers on the hunt for deals, retailers will have to focus on offering value and convenience across an extended shopping period.
Supply chain disruptions fade into the rear-view mirror: Several indicators suggest that the supply chain is returning to some semblance of normal just in time for the holidays.
For most internet users in the US, online orders typically come in two to three days—a delivery time popularized by Amazon’s Prime program. Just 3% of internet users are used to same-day delivery, which is increasingly offered by nongrocery retailers as well.
The cost of school supplies is weighing heavily on US parents. Between May and June, 40% of those planning to do back-to-school shopping considered it a significant concern in their budget, compared with 30% last August. Meanwhile, 19% said they could not afford it, up from 14%.
AtoB, Super Payments, and Pomelo each recently raised funding to build out their businesses.