Digital media formats are poised for growth in US and Canada: Total media consumption will decrease this year as pandemic-inspired habits calm.
On today's episode, we discuss what to expect from Prime Day 2022, Instagram's projected growth, what Americans watch on TV, the latest social commerce moves, movie theater ads 2.0, an unpopular opinion about comparing TV and digital video, how much time we spend doing meaningless work tasks, and more. Tune in to the discussion with our analysts Blake Droesch and Paul Verna and senior director of Briefings Stephanie Taglianetti.
Retailers experiment with the role of the store: Gap, Jonathan Adler, and others are testing new retail concepts and tech to determine the best way to leverage their physical presences.
Online beauty sales are booming: Thanks to evolving consumer behavior and a proliferation of distribution channels, cosmetics and beauty is set to become one of the fastest-growing ecommerce categories of 2022.
Brands are bullish on ecommerce: More than half of companies are ramping up investment for ecommerce initiatives, per a survey by Yottaa.
Retailers struggle with macroeconomic challenges: Rising interest rates, a tight labor market, and slowing discretionary spending drove Revlon and Enjoy to file for bankruptcy, and StockX to lay off staff.
Pinterest’s co-founder & CEO is departing: Ben Silbermann’s departure and Bill Ready’s arrival as chief signals the platform’s commerce ambitions.
Adyen helped Oracle launch a new point-of-sale system that lets restaurants accept and better manage contactless payments.
Consumers shift their spending from goods to services: US household spending rose at its slowest pace this year in May as inflation dragged on people’s purchasing power.
Amazon looks for another way to monetize its physical stores: The retailer’s new data tracking service for its physical grocery stores mines data on shoppers' behaviors.
Purpose-driven ads fall short in attracting audiences: A new study reveals that purpose-driven ads are underperforming, especially as consumers prioritize lower prices in an uncertain economy.
Direct integration into PayPal’s platform improves interoperability while providing financing. Here’s how it helps PayPal compete with banks.