A US TikTok ban may happen in the near future, but brands that sell on TikTok Shop shouldn’t abandon it until they have to.
Amazon working conditions are back in the spotlight: A potential strike looms, and a Senate investigation found the retailer manipulates workplace injury data.
Temu, Shein, and TikTok Shop are winning this holiday season: Sales growth for all three outpaced larger players like Amazon and Target in November.
Chinese consumers kept a tight lid on spending in November: Retail sales fell short of expectations despite Singles Day promotions, pushing Beijing to promise stronger stimulus.
This will solidify Walmart’s role as a major payments player and can be a large revenue generator for the retailer
Despite the remittance industry’s digital transformation, Western Union is banking on stores remaining a key component of its business
A large addressable market for secured cards makes them a key growth segment for issuers—as long as they can appropriately mitigate risk
Almost half of adults worldwide (49%) have cut back on nonessential purchases over the last three months due to increasing prices for goods and services, per October data from Boston Consulting Group.
In response to rising costs, retail in 2024 was dominated by consumers’ desire for deals and discounts. And as President-elect Donald Trump’s proposed tariffs will raise some prices even higher in 2025, consumers may turn to in-person shopping to control their spending.
RH expects Q4 revenues to grow 18% to 20% YoY as furniture industry turns a corner: The retailer’s brand-elevation efforts and hospitality concepts are also resonating with shoppers.
The FTC’s case against Southern Glazer’s could have profound implications for large retailers like Walmart and Costco: A successful suit could limit their ability to negotiate lower prices with suppliers, narrowing their advantage over smaller retailers.
US retailers have closed more than 7,100 stores this year: That’s up 69% YoY, and more are coming as retailers like Macy’s and Advance Auto Parts struggle to convince cautious consumers to spend.
UK retailers face a challenging holiday season: The UK economy has grown in just one of the four months since Labour took power, exacerbating shopper gloom.
The card’s unique waitlist promotion can help the card gain a sizable user base
The faster payments scheme is now a true real-time payments competitor on par with The Clearing House’s RTP Network and FedNow
Target’s net sales grew just 0.9% in Q3 2024, well below Walmart’s growth of 5.0% and Amazon’s 8.7%, according to company earnings releases.
Lowe’s has a blueprint to drive long-term growth: The home improvement retailer plans to expand its physical footprint and lean on a marketplace to broaden its online product assortment.
The tie-up can bring in a large new stream of payments volume for the BNPL player, boosting growth ahead of going public next year
UK budget spells trouble for retailers, warns Currys: The electronics chain says tax hikes will push costs onto consumers and limit its ability to hire more workers.
Mall traffic jumped in November as shoppers’ search for deals brought them back to stores: Efforts to turn shopping centers into lifestyle destinations are also resonating, but long-term challenges remain.