Delinquencies are coming down but are still higher than pre-pandemic levels
The price would set it up for a strong IPO—but we think the firm still has work to do first
The investigation could lead Apple to open up its NFC tech to third parties in the UK, making a similar US move all but inevitable
27% of UK and US adults plan to start buying holiday gifts as early as October, according to an April 2024 survey from Salsify.
Luxury demand weakens: Results from Richemont, Hugo Boss, Burberry, and Swatch Group suggest the industry needs to adjust to a new normal.
Consumers don’t feel great, but they’re still spending: Retail sales blew past expectations in June despite subdued confidence among lower-income households.
TikTok Shop overtakes Alibaba’s Lazada as Southeast Asia’s second-largest ecommerce platform: The company nearly quadrupled regional GMV in 2023 to $16.3 billion, and is expanding into services to bolster its share
US retail and dining foot traffic has grown nearly every month from June 2023 to May 2024, compared with the same period a year prior, according to data from Placer.ai.
Charlotte Observer reduces print editions to three days weekly: The move reflects the shift towards digital content and changing consumer demands.
Retail media networks (RMNs) have a lot of data and a healthy amount of inventory. But selling on-site inventory to advertisers can be complicated. Connecting retail media data with off-site ads on places like social networks and connected TV (CTV) is even more complicated. RMNs can’t do everything related to selling and serving ads on their own, especially if they want to capitalize on off-site placements.
As China’s retail media advertising market begins to mature, off-site channels—including WeChat and Douyin, TikTok's sister app in China—will increasingly drive growth.
Retail mcommerce is a $542.73 billion opportunity in the US this year, growing 11.7%. To maintain that growth and attract mobile shoppers, retailers will have to create seamless smartphone and app buying journeys, invest in loyalty programs to retain users, and prove that the mobile experience stands up against desktop.
Amazon’s pricing and returns policies draw complaints from sellers: Merchants flag lost revenues, higher fees, and inadequate seller support as reasons for their discontent.
Chinese consumers rein in spending: That’s a major problem for companies like Swatch Group, which expects its high-end brands to struggle throughout the rest of the year.
Macy’s rejects buyout offer to focus on turnaround: The retailer believes its plans to reduce and revitalize stores will give it the best shot at reversing its decline.
TikTok fuels demand for Hallyu: Korea’s cultural exports are a $76 billion market that could reach $198 billion by the end of the decade.
On today's podcast episode, we discuss what Amazon has planned for its thirties, the all-AI ad that sparked a debate about the future of marketing, why customer experience is historically low, the most impactful AR feature in retail, what animal can fly backwards, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian and analysts Sara Marzano and Carina Perkins.
Many eyes on the 2024 Summer Olympics spells opportunity for retail: There’s an enticing chance for brands ranging from Nike to Glossier to garner attention by associating themselves with athletes.
Alibaba bets on AI to power international growth: Tools like translation services and content generation are attracting sellers and driving sales.
Credit tightening is partly responsible for this improvement, but delinquencies are still well above pre-pandemic levels