Junior Scott Pence, CMO of Peace Out Skincare, talked with Insider Intelligence about the marketing opportunities within TikTok.
The apparel resale market heats up: We expect annual average sales per buyer via online fashion resale marketplaces will more than double between 2021 and 2025.
Investors continue to pour millions into ecommerce tech solutions: Salsify is the latest platform to reach a multi-billion dollar valuation as brands and retailers look for ways to improve their omnichannel capabilities.
Bed Bath & Beyond’s struggles put the success of its turnaround plan in doubt: The retailer blamed inventory issues and slowing consumer demand for its disappointing Q4 results.
Open banking eliminates many of A2A payments’ pain points, making them an even more attractive option for merchants.
Consumers demand sustainability from brands: A new campaign by Anheuser-Busch InBev—and a new feature by Yelp—hope to tap into that trend.
Rent the Runway believes the conditions are ripe for growth: Inflation could drive more consumers to rent, rather than buy, as people return to spending on experiences.
Rising prices drove retail sales to increase 0.5% in March: Despite sharp price increases, consumer sentiment hit a three-month high in early April due to strong job and wage numbers.
Zara’s massive new Madrid storefront leverages digital-led and immersive shopping experiences: The fast-fashion retailer debuts its largest location to date, merging elements of physical and digital to set the tone for the future of stores.
The card lets customers earn unlimited 2% cash back and may signal a broader move into general-purpose cards.
Brooklinen and Parachute push to gain market share: The two D2C home goods brands are opening stores and expanding into new channels to drive sales growth.
Cash is on the decline everywhere, accounting for at most 44% of point-of-sale (POS) transaction value regionally and just 18% globally in 2021. Its share will drop to 10% worldwide by the end of 2025, with North America, Asia-Pacific, and Europe leading the charge away from physical money.
Meta’s Horizon Worlds features can monetize VR: Creators will be able to sell items “in-world,” with Meta taking up to 47.5%. Will creators balk at the cost of business in the metaverse?