Many are willing to go into debt to get through the season. This could become a problem for payment providers
Like many other payment providers globally, Alibaba is opening up its walled garden to fight off antitrust scrutiny
It plans to launch a dedicated A2A service next year with more protections and controls as adoption of the payment method is much further abroad than in the US
A truncated holiday spending period with fewer days between Thanksgiving and Christmas and the election will throw a curveball to retail sales this season, our analyst Sky Canaves said on an episode of the “Behind the Numbers: Reimagining Retail” podcast. In-store retail will see healthy growth, consumers will continue holding back on splurges, and mobile will uplift overall ecommerce. Here are three trends we’re predicting for the upcoming holiday season.
Amazon and Walmart scoop up beauty sales as shoppers search for convenience: Our Industry KPIs data shows that the two account for the majority of purchase intent clicks in the beauty and personal care category.
Biden administration puts airlines’ loyalty programs under the microscope: The probe, which examines how carriers devalue points that consumers have earned, could send ripple effects across other industries.
The Chinese luxury market is in a slump: Tiffany’s giving up about half the space in its flagship store in Shanghai is the latest sign of the industry’s challenges.
The strong rewards proposition can grow PayPal’s debit volume, but the cost could hurt the company in the end
The innovative cross-sell play can tie customers closer to the brand, but the card faces steep competition
Non-traditional retail spots with smaller and simpler transactions where time is of the essence can help the tech take off
When it comes to retail memberships, Amazon is the leader, boasting 97.2 million household Amazon Prime members across the US, nearly three-quarters of the country’s total households, per our forecast. Taking a page from Amazon’s playbook, retailers like Walmart, Best Buy, and Target are using their own members-only sales events to build out their retail memberships.
Volvo and Ford pump the brakes on their EV ambitions: The industrywide shift to EVs isn’t happening as quickly as one would have thought just a few years ago.
Walmart’s digital ad revenue grew 26% in Q2 2024, ahead of Amazon’s 20% growth, according to the company’s earnings.
On today's podcast episode, we discuss the main factors that will impact this year's holiday sales, why shopping in-stores will be more of a priority, and how last year's mobile commerce tipping point trend will continue. Listen to the conversation with our analyst Sara Lebow as she hosts analysts Sky Canaves and Zak Stambor.
While luxury sales are slowing as consumers flock to cheaper retailers for apparel, beauty, and other goods, luxury retailers with off-price brands, like Neiman Marcus Last Call and Nordstrom Rack, are seeing store visits climb.
Nordstrom family teams with Mexican retailer Liverpool to take Nordstrom private: The move would enable Nordstrom to make long-term bets that may not pay immediate dividends.
Dick’s Sporting Goods hit a home run in Q2: While the retailer’s comparable sales and bottom-line results soar past expectations, the company is cautious about the back half of the year.
Mcommerce spending hit a record $280.4 billion in the first seven months of 2024: The channel steadily gained share this year as shoppers turned to their phones more frequently to make purchases.
Can vintage sneakers help Walmart change consumers’ perceptions of its brand? That’s the question it aims to answer after it partnered with StockX in its latest move to grab share from Amazon.
They’re supporting candidates on both sides of the aisle to secure favorable regulations next year