Zara joins the ranks of sellers on TikTok Shop: UK shoppers can now satisfy their fast-fashion cravings without leaving the social platform.
A record 182 million consumers will shop Black Friday and Cyber Monday sales: That’s due in part to steeper discounts, as retailers try to entice cost-conscious shoppers.
US retail media ad spend will more than double between 2023 and 2027, reaching a total of $109.40 billion, according to our forecast.
Scaling the debit card is one of Affirm’s main goals as it tries to drive in-store growth and snag interchange revenues
Showing card account info takes away an important touchpoint for banks and puts Apple at the center of the relationship
It can use the tie-up to tap $65 billion in annual payments volume—and use open banking to transform the sector
It’s an ideal time for retailers to bolster their store brands: A growing share of consumers are regularly buying private label products.
Gap is beginning to turn its fortunes around: Strong sales at Old Navy boosted the retailer’s Q3 performance, although Athleta and Banana Republic continue to struggle.
Target says shoppers are giving the retailer ‘a big thank you’ for locking merchandise away: But most consumers find the tactic deeply frustrating—and a reason to shift spending online.
31% of US internet users will shop this Black Friday. The same amount will also shop Cyber Monday, according to Deloitte.
While consumer outlook is more positive than when inflation reached a 40-year high last year, the impact that shoppers face—higher retail prices, interest rate hikes, and depleted savings—may push cautious spending patterns into 2024. The key to having customers coming back in the new year is investing in unique value propositions, according to our analysts.
Retail’s revolving door slows: Nearly a third of retailers say turnover among hourly workers is down at least 10% year-over-year.
Shein is on pace to become the top fast-fashion brand in the world this year: The retailer’s revenues soared by over 40% in the period between January and September.
Macy’s Q3 beat expectations, but department stores are under pressure: Shoppers’ search for value and cautious behavior is dragging sales down for the entire sector.
Walmart’s grocery, ecommerce business powered it through another solid quarter: The retailer’s emphasis on value and convenience are helping it win market share, even as shoppers exhibit more signs of price sensitivity.
US grocery ecommerce sales will grow 17.4% in 2024 to total $219.04 billion, according to our forecast. Meanwhile, UK grocery ecommerce sales will grow only 5.1% to total $37.06 billion in 2024. “At the end of the day, consumers in the US enjoy the conveniences of delivery, but they’re not necessarily willing to pay an exorbitant fee,” said our analyst Blake Droesch, emphasizing the perceived value of Walmart+ and Amazon Prime memberships to these shoppers.
On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss the differences between how US and UK consumers shop for groceries. Then, for "Pop-Up Rankings," we rank two grocery stores doing digital well, two taking an alternate approach, and why both can work. Join our analyst Sara Lebow as she hosts analysts Blake Droesch and Carina Perkins.
Despite Meta’s strong year, ByteDance is close behind: TikTok owner’s $29 billion in Q2 revenues rivals US giant, which lags far behind in growth.
The P2P platform faced scrutiny from lawmakers and the media about fraud, which has been a major pain point for adoption