Off-price retailers have an opportunity to attract customers: US consumers’ confidence slipped in February, driving shoppers to focus on value.
Ecommerce platforms try to avoid liability for counterfeit products: A proposed bill would make companies like Amazon and eBay responsible for policing fake products on their platform.
Rihanna’s inclusive underwear company continues to transform the lingerie industry: The entrepreneur is reported exploring an IPO for Savage X Fenty, which could be worth at least $3 billion.
Twitter expands social commerce offerings to catch up with competitors: The social media platform won’t be a shopping destination anytime soon, but that won’t stop it from experimenting.
The two firms can help each other relieve competitive pressures in their respective industries.
Click and collect is set for a strong year in the US, both in terms of sales growth and increases in total buyers.
Pinterest’s latest social commerce play positions it for strong growth: The social network is adding in-app checkout, personalized shopping pages, and a new seller API.
With inflation on the rise and supply chains in disarray, consumers are checking their grocery lists twice. In the US, 38% of adults are cutting down on how often they buy meat, poultry, or fish, while about one-quarter are purchasing snacks, dessert foods, or prepared foods less.
Learn about the new Amazon Style store, podcasts on Twitter and LinkedIn, advertising at the NBA All-Star Game, who America’s truckers are, and more. Tune in to the discussion with our analysts Peter Vahle and Blake Droesch and director of forecasting Oscar Orozco.
Insider Intelligence spoke with Angelic Vendette, vice president and head of marketing of Alo Yoga and Alo Moves.
The discount retailer launched bank accounts and debit cards with Incomm Payments, a BNPL pilot with Sezzle, and a rewards redemption program with FIS.
Despite JD.com’s strong growth in revenues, issues loom on the horizon: Like Alibaba, China’s second-largest ecommerce operator faces near-term headwinds due to the country’s softening macroeconomic environment.
US consumers’ order volume fell 11% in February, showing inflation’s toll: US consumer price gains accelerated, which is leading shoppers to cut back on their spending.