But as it gets closer to a rollout, it will face its biggest hurdle—getting consumers to use it
Lowe’s looks to expand the reach of its retail media network: The home improvement retailer rebranded the service Lowe’s Media Network and plans to launch four new channels this year.
Under Armour sees a brighter road ahead: While the company’s sales continue to fall, it is confidently embarking on a strategy of positioning itself as a premium brand.
US travel demand weakens as lower-income consumers pull back: Airbnb, Disney, and Hilton are among the companies expecting headwinds as uncertainty keeps more people rooted in place.
Walmart’s total US retail sales reached $533.96 billion in 2023, growing 6.9% YoY, according to the National Retail Federation and Kantar.
As consumers become increasingly cost-cautious, competition for dollars is fierce. Halloween costumes, decor, and party supplies may not be a top shopping priority, but specialty retailers such as Spirit Halloween still find a way to engage consumers and attract their dollars.
Instacart makes long-term bets on retail media: We expect the company’s advertising business to grow 16.1% this year and to continue expanding as it diversifies its offerings.
The RealReal’s revenues rose 11%: The luxury secondhand marketplace is on much firmer ground than ThredUp, which is exiting Europe and exploring strategic alternatives for Remix.
Shopify is bullish as merchant acquisition accelerates: The company credited its strong Q2 performance to more enterprise clients, strength in Europe, and offline growth.
Prestige beauty outperformed mass brands in the first half of the year: While consumers are happy to pay more for premium products, the category is not immune to economic uncertainty.
On today's podcast episode, we discuss standout data points from this year’s back-to-school season, creators' role in this shopping period, and what back-to-school is trying to tell us about this year's upcoming holidays. Listen to the conversation with our analyst Sara Lebow as she hosts analysts Sarah Marzano and Zak Stambor.
Over three-quarters (77%) of US parents plan to visit mass merchant retailers for their back-to-school shopping, per a May 2024 survey from Deloitte.
Young people are on Marketplace and Groups: The challenge for Meta is to direct those users to more monetizable areas of the app.
Retailers and QSRs drive strong demand for brick-and-mortar spaces: The availability rate for retail nationally in Q2 was 4.7%—the lowest rate since CBRE began tracking the figure in 2005.
UK, eurozone consumers are reluctant to spend: But there are reasons to expect an improving landscape ahead.
Flipkart launches rapid-delivery offering in India as Amazon struggles to find its footing: The latter’s reluctance to invest in quick commerce could cost it market share as Walmart, Zepto, and others try to win over customers with speed.
Secured cards haven’t always had robust rewards offerings. That’s starting to change as issuers try to capture viable credit invisibles
Chase argued it already goes above and beyond to refund fraud—and is willing to prove it in court
This funding will help the company build economies of scale as questions over its financial health loom
European etailer Zalando’s Q2 earnings surge: The business broke a streak of flat quarters thanks to faster delivery times, a more relevant product assortment, and a focus on quality.