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.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss how shoppers and retailers use Google and why the company's previous investments in the ecommerce space haven't worked out so well. Then for "Pop-Up Rankings," we rank the top three winning Google shopping features and discuss one feature we expect to fizzle out. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Yory Wurmser.
The last three months of the year used to be a make-or-break period for retailers, but consumers in Latin America are now spreading out their digital purchases over the entire year.
Bed Bath & Beyond’s early-pandemic inventory revamp had unforeseen consequences: The decision to reduce its in-store SKU count and launch private-label brands left the retailer vulnerable to supply chain disruptions.
Retailers launch accelerator programs to help guard against empty shelves: Kroger, Whole Foods, and DoorDash are some of the retailers looking to diversify their product assortment.
Learn how first- and third-party data segmentation can improve a brand’s strategy, targeting, and personalization efforts. In this video, Jonathan Drost, senior manager, consulting services at Neustar, a TransUnion company, shares how consistency, precision, and measurement can help marketers deploy the right message, on the right channel, and at the right time to engage with target consumers.
Cannes notebook: Social media platforms discussed new products, the metaverse, and creators at the June festival.
It launched the Autograph card, which lets customers earn 3X points on top spending categories like restaurants and travel.
Despite rapid grocery’s well-documented struggles, companies continue to invest in the space: Retailers see value in quick commerce even as Gorillas, Jokr, and others scale back their ambitions.
Bad news for retailers is good news for shoppers: 49% of consumers plan to buy more online in the next six months as retailers mark down excess inventories.