“Amazon is in such a unique position to give us an idea of broader consumer sentiment because of their scale and reach,” our analyst Sarah Marzano said on an episode of the “Behind the Numbers: Reimagining Retail” podcast. This year, nearly three-quarters (72.7%) of all US households will be Prime members, according to our July 2024 forecast. “If we examine the behaviors that emerge from Prime Day, we get a good sense of how consumers are feeling.”
The last-mile delivery market is in flux: Retailers' desire to curb ballooning costs presents an opportunity for companies like DoorDash to grab share from UPS and FedEx.
Skechers, Deckers capitalize on Nike’s missteps: Both companies saw healthy growth in their wholesale and DTC businesses as shoppers responded positively to their assortments.
Walmart+ Week member participation rose thanks to popularity with wealthy shoppers: While Amazon’s Prime Day sale attracted twice as many participants, its lead is narrowing.
Last week, EssilorLuxottica, parent company of Ray-Ban and other eyewear brands, announced the acquisition of streetwear brand Supreme from VF Corporation. It’s a strange move for EssilorLuxottica.
Are millennials pulling away from Amazon? While they were the one demographic group whose Prime Day spending dropped year over year, they continued to spend on other retailers’ sites.
They helped boost growth as card volume moderated. Revenues missed expectations, but we think Visa is primed for growth
The fee bump likely won’t scare many cardholders away as many view the cards as status symbols and are willing to pay upfront to get value in the end
Looking through the noise, we think Capital One is still set up for long-term growth
The US economy is in good shape: Consumers keep spending, inflation is returning to normal, and the Fed may soon cut interest rates.
CPGs stick with price hikes despite private label pressures: Unilever and Nestlé were the latest companies to report disappointing Q2 sales as shoppers seek value.
Hasbro and Mattel smell opportunity despite category headwinds: Both companies expect performance to improve in the second half of the year, driven by kidult demand and their IPs.
On today’s podcast episode, we discuss this years Prime Day. Was Amazon's ad platform breaking on the day a big deal, how other retailers event day behavior is changing, and how the shopping holiday is impacting the back-to-school season. Listen to the conversation with our analyst Sara Lebow as she hosts analysts Sarah Marzano and Zak Stambor.
50% of US shoppers use retail apps to get the best prices, according to a May 2024 SPAR Group report.
Best Buy looks to distinguish itself from the competition: The struggling retailer refreshes its online and offline presences to turn around its two-year slump.
Retail foot traffic is bouncing back, especially in malls, thanks to diverse tenant mixes and engaging experiences that attract shoppers, Ethan Chernofsky, senior vice president of marketing at Placer.ai, said during a recent EMARKETER webinar. The pandemic’s lasting influence has also changed how we shop, with more people visiting multiple grocery stores for the best deals and quality, while small-format stores are helping retailers meet local needs.
Office furniture demand grows as RTO pushes gain intensity: The increase in “office busyness” is also benefiting surrounding restaurants and retailers.
Saks makes San Francisco store appointment-only as part of focus on luxury consumers: While the move will make it harder for shoppers to wander in, it could deter theft and reduce operating costs.
EV sales growth slowed significantly in the first half of the year: Many consumers remain skeptical about the technology, driving Tesla, GM, and Ford to shift gears.
“Google will account for over half of search ad spending this year, but Google's not the perfect fit for every query that every person could ever ask,” our analyst Evelyn Mitchell-Wolf said on a recent EMARKETER webinar. “It never has been, and now consumers are also going elsewhere to satisfy their search needs.”