More card programs are innovating with a subscription model to bolster revenues without raising interest rates or late fees
It makes splitting group payments more convenient and can help invigorate digital wallet activity
Travel industry recovery is complete: Sales, bookers, and ad spending will reach or exceed pre-pandemic levels by end of 2023.
US retail sales growth slowed in October: That’s despite Amazon, Walmart, and others hosting high-profile sales in attempts to pull holiday sales forward.
JD.com’s low prices, services business powered it to a Q3 earnings beat: But the overall economic environment in China remains difficult, causing consumers to pull back on big-ticket purchases.
TJX reaps the rewards as cost-conscious shoppers search for deals: The off-price retailer reported comparable sales growth across all divisions, including its HomeGoods business.
Target’s sales fell for the second straight quarter: The retailer expects that sales slump to continue in the crucial fourth quarter as consumers pull back on discretionary spending.
On today's podcast episode, we discuss whether Amazon's online sales business glass is half full (or half empty), if you should advertise on Amazon without selling there, and how much offering primary care to Prime members can move the needle. "In Other News," we talk about Bed Bath & Beyond's marketing, its comeback, and why Pinterest beat everyone's expectations. Tune in to the discussion with our director of Briefings Jeremy Goldman and analyst Zak Stambor.
HomeGoods shut down its ecommerce business because in October it was unable to recreate the in-store treasure-hunting experience customers know and love online. Meanwhile, Amazon is struggling to master brick-and-mortar because it doesn’t know what in-store shoppers want.
Gen Z is ready to spend this season. Millennials may be a bit cautious. YouTube is the place to go if brands want to get on Gen Alpha’s radar. And for older consumers, trust is the key to getting them to spend. Here’s how retailers can appeal to each generation as the holiday season readies for Cyber Five.
Meta unveils shopping feature with Amazon for Facebook and Instagram: Strategic partnership aims to combat Apple's iOS privacy changes and boost Meta's ad revenues.
On Running’s revenues grew 46.5% in Q3: The company’s burgeoning direct-to-consumer channel, along with its expanding offerings, helped drive those gains.
Inflation’s downward trajectory continued in October, but consumers aren’t convinced: Despite the clear strength of the US economy, consumer sentiment fell for the fourth straight month.
Home Depot’s comparable sales fell 3.1% YoY in Q3: While consumers are reluctant to splurge on big-ticket, discretionary purchases, they’re starting to embark on modest projects.
Amazon turns to Meta, Snap partnerships to keep TikTok at bay: As the retailer moves in on social commerce, TikTok is beefing up its supply chain.
Its growth and cost-cutting measures brought the BNPL fintech its second straight profitable quarter. And it’s projecting full-year profitability for FY 2024
The bank is moving away from the consumer market where the GM program is its last big partnership
Following TrueLayer’s partnership with Stripe, the two tie-ups will propel the company’s growth
Many advertisers see retail media solely as a performance marketing channel. But 7-Eleven’s retail media network, Gulp Media, is aiming higher up the funnel.
Singles Day sales reportedly fell 9.75%: The sluggish results are the latest data to suggest Chinese consumers continue to tighten their purse strings.