On today's episode, we discuss why Amazon is slowing down, its Buy with Prime initiative, and how Amazon's advertising business is getting on. "In Other News," we talk about whether Walmart+ is actually competing with Amazon Prime and what Target's strategy has been to compete with Amazon. Tune in to the discussion with our analyst Andrew Lipsman.
Plastic waste or precious commodity? The Gigabot X 3D printer can transform waste plastic into goods without recycling. It could be pivotal for on-demand manufacturing.
Amazon combats fake review brokers: The retailer’s ongoing push to shut down fake review brokers demonstrates the importance of trust on its platform.
US inflation cooled slightly in April: However, US consumer prices rose by more than forecast, which is hurting a number of retailers, including fast-food companies.
PayPal launched a softPOS solution that lets merchants accept contactless payments and can help PayPal gain more in-store volume.
TikTok’s makes a play for more ad dollars: Its Foursquare Attribution partnership could help advertisers optimize how they drive traffic to brick-and-mortar locations.
Unilever and Coca-Cola take a pared-down approach to D2C: Both companies are looking to smaller retail initiatives to test customer demand and gather data.
Best Buy broadens its focus beyond electronics as consumer spending shifts: The retailer is adding outdoor furniture, beauty, and e-transportation to its stores in a bid to maintain pandemic-era gains.
Ikea focuses on ecommerce with a €3.0 billion investment: The furniture retailer plans to add more distribution centers to stores and expand its urban footprint.
Retailers that thrived during quarantines are struggling as restrictions dissipate: Peloton, Gopuff, and Delivery Hero are among the retail companies that have seen sales plummet as people look to venture out rather than remain in their homes.
Party City falls short of analysts’ expectations in Q1: Like many retailers, the party supplies merchant is struggling to deal with COVID-19 spikes, supply chain issues, and inflation.
Online grocery order volume drops 5.8% in April: With inflation driving up food prices, many consumers are shopping in-store to hunt for deals and to avoid delivery fees.
Agencies spy an opportunity in the metaverse: WPP is partnering with Epic Games on a new initiative for that very reason.
Block’s gross payment volume increased 31% YoY, aided by strong Cash App engagement.