The holiday retail season keeps getting longer: Nearly two in five consumers plan to start shopping for gifts by September, well before retailers launch their fall sales events.
US inflation dipped below 3% in July—the first time since March 2021: While price increases are slowing, consumers feel little relief, fueling pessimism about the state of the economy.
Both cards are set up for success despite the lackluster rewards they offer compared with the US versions
The fintech will no longer be held to a transaction cap, which will let it capture higher value remittances and expand into business payments in the country
The $15 million can help repair customer relationships, but Block still faces other legal troubles ahead
Home Depot expects sales to weaken as economic uncertainty weighs on consumers: The home improvement retailer lowered its FY forecast as high interest rates cause households to think twice about moving or renovating.
DoorDash is the latest delivery platform to turn to streaming to boost membership sign-ups: The company will offer DashPass subscribers free access to Max’s ad-supported tier in a bid to boost sign-ups and grow sales.
Nearly two-thirds (66%) of US data and ad professionals have adopted data clean rooms as a result of privacy legislation and/or signal loss, according to February 2024 data from the Interactive Advertising Bureau (IAB) and BWG Strategy. Since data is at the core of retail media success, enabling brands to target and measure campaigns more accurately, it’s not surprising that data clean rooms have come into play.
Digital ad spend grows in Q2 2024, says Skai: Retail media leads with 21% YoY increase, despite higher CPC and CPM across channels.
German grocer Lidl leans into home improvement: The discount retailer opens two dedicated locations for its DIY private label as consumers gravitate toward store brands
Retail theft is on the rise, say 42% of retailers: That leads merchants to lock up inventory, which frustrates shoppers and drives some to Amazon or other online retailers.
A potential East and Gulf Coast port strike in October adds to retailers’ supply chain challenges: That’s increasing the pressure—and cost—for companies to bring in holiday inventory early.
Commerce media is knit together by the use of first-party commerce data to power targeted advertising. But beyond that foundation, the strengths, use cases, and challenges can vary depending on the vertical.
China’s EVs outsell gas cars for the first time, VW slashes ID.4 lease prices, and Sen. Warren pushes for answers on Musk’s use of Tesla resources for his other companies
But competition is intensifying as major payment players launch restaurant-specific POS solutions. Toast needs to do more to keep up its momentum
It has a much smaller market cap than the likes of USDT. The entire asset category is still far from mainstream
This can help fuel growth as Stripe prepares for an IPO
CNN and Roku want to thrive in the FAST lane: Both are launching free ad-supported streaming channels to lure price-conscious consumers.
Another strong quarter for The Trade Desk: International growth and CTV surge, boosted by data-driven advertising and the new Kokai platform.
As ecommerce grows in back-to-school shopping (34.9% of total back-to school sales this year versus 33.5% in 2023), content creators are playing a pivotal role in how consumers find school supplies. This shift is driven by younger parents buying classroom supplies for K-12 children and college students outfitting their dorm rooms. Both groups favor online shopping for its convenience and the ability to compare prices, our analyst Sarah Marzano said in a recent edition of our “Behind the Numbers: Reimagining Retail” podcast.