Men’s grooming is a small but growing category to watch: TikTok and new lines from celebrities and influencers like LeBron James and Jake Paul are fueling the boom.
US consumers shop frequently with Temu and Shein, despite trust issues: Both Chinese retailers are winning more repeat customers than established players like eBay and Etsy.
The New York Times Cooking recipes are now shoppable via Instacart: The two companies see the partnership as a win-win given the similar demographics of their customer bases.
We look at why Apple is breaking down its walled garden and adding competition for Apple Pay Later
Tap to Pay functionality is growing for P2P payments. It could help Apple gain more P2P volume
These upgrades help make the mobile wallet a go-to app for consumers, which should drive use and loyalty
Alibaba’s growth initiatives show signs of progress: But stiff competition from PDD, JD.com, ByteDance’s Douyin, and Kuaishou could constrain its growth potential.
Spotify is taking a gamble by charging for a feature competitors already offer at no extra fee
The holiday season will kick off in October: Fifty-three percent of shoppers plan to begin their holiday shopping before Thanksgiving this year.
India’s growing affluent population is an enticing prospect for brands: Companies will have to get a handle on local trends and invest in speedy delivery to win over savvy shoppers.
Retail media is the fastest-growing ad channel we track in the US, growing by 26.0% this year. Its share of total US media spend will reach 14.1% this year, and come 2028, nearly 1 in 5 ad dollars spent in the US will go to retail media. But the channel has the potential to grow even more. Here are four key factors that present challenges to retail media growth right now.
Summer is just getting started, but it’s already back-to-school season for parents. As of mid-June, nearly a quarter (24%) of US adults have already begun back-to-school shopping and another 45% will start sometime before the end of July, according to a March 2024 survey from LTK. As retailers roll out their back-to-school campaigns, here are three tips to keep consumers engaged and spending.
Five Below is using price cuts to appeal to low-income households, while Bath & Body Works is leveraging its loyalty program to keep customers coming back. AI is a valuable tool for Stitch Fix, helping the company to optimize its inventory. Here are three key stats from each retailer’s most recent earnings and what they mean for the industry at large.
Mobile proximity payments—those made in-store via mobile wallets—will grow as they continue building a feature ecosystem that binds payments to users’ daily commerce.
US retail sales soar past our prepandemic forecast: 2024 sales will be 18% higher than we thought in February 2020 as consumers’ resilience shows no signs of slowing.
The market for high-priced EVs is tapping out and EV sales growth is declining. Manufacturers need to slash prices to compete in this stalling market.
Shein’s rapid growth puts it firmly in regulators’ crosshairs: The fast-fashion retailer’s 40% sales growth in 2023 is driving governments worldwide to protect their local apparel industries.
Albertsons adds non-endemic ads: Retail media expands its ambitions as the category matures.
They make it easier to update payment information. The added convenience should prove popular
Millennials and Gen Zers especially demand more customized rewards