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
Payment providers aren’t backing down from crypto payments despite minimal adoption
The payments network is trying to grow in the market, but UPI’s popularity will prove difficult to overcome
This year, mobile commerce has not only broken records, but also continued to solidify itself as a driving force behind ecommerce growth. More than two-thirds (67.4%) of the US population will be mcommerce buyers this year, spending $534.8 billion on their mobile devices, per our July 2024 forecast. Here are five key stats that underscore the expanding mcommerce opportunity, plus ways for brands and retailers to capitalize.
Shopping has spread across the entire social ecosystem. Our survey of social shoppers found that the kinds of goods and services people buy differ meaningfully across the platforms.
While travel media networks aren’t new—Marriott has had one for years—the burgeoning commerce media landscape is ripe for travel and hospitality brands to secure their share of ad dollars.