Target and Walmart post disappointing Q1 results: Both were hurt by a confluence of factors that are unlikely to resolve anytime soon.
The US labor market is a tale of two halves: While retailers with a strong brick-and-mortar presence are intensifying their hiring efforts, startups are taking a more cautious approach to recruitment as VC funding dries up.
Shared electric vehicle company Lime builds brand awareness by demonstrating the value of car alternatives in cities. Hear from Lime’s Carolyn Rosebrough, global head of communications and brand, to learn how its localized marketing approach encourages a greener way to get around.
Consumers want to search visually: A rising number of consumers are using Google to search using its Lens feature.
Inefficiency and environmental impacts make Bitcoin unfit as a payments network, per Sam Bankman-Fried. We think CBDCs pose better chances.
US retail sales grew 0.9% in April: The data suggest that inflation and rising interest rates haven’t dampened US consumers’ desire to spend.
COVID-19 lockdowns slowed JD.com’s growth rate in Q1: However, the retailer still beat expectations as its revenues grew 18% thanks in part to its burgeoning logistics business.
Uber Eats wants to make it easier for customers to order food: The food delivery platform is adding voice ordering, stadium partnerships, and autonomous delivery features to boost convenience.
Klarna Virtual Shopping narrows the gap between online and in-store shopping: Shoppers can now interact with in-store staff to receive personalized recommendations and real-time customer service.
After doubling its transaction volume in its fiscal Q3, Affirm wants to focus on turning a profit.
YouTube again recognized for brand safety in advertising: MRC accreditation shows effectiveness in making sure ads don’t appear alongside inappropriate content.
Noncard crypto payments are increasingly available to consumers and may also be attractive to merchants.
China’s zero-COVID policy hinders retailers at home and abroad: The mitigation measures put the brakes on both retail sales and manufacturing, which could have long-term implications.
Consumers report gas, groceries, and dining as their top inflation pain points: A new report finds that price increases in those three sectors affect shoppers the most.