Retailers single out retail theft as profitability slides: Target, Home Depot, and Dick’s Sporting Goods blamed increased retail shrink in Q2 for tighter margins, but it’s unclear whether theft is really at fault.
Macy’s maintains conservative outlook as consumers face mounting pressure: The department store retailer is focusing on value and partnerships with top brands like Nike to attract shoppers.
The launch of the international version of its app can attract travelers for its payment capabilities and its travel services
These households may face increased risk as credit card debt keeps breaking records
But this harsh funding environment provides incumbents with opportunities to grab smaller firms on the cheap
Credit card digital account openings are normalizing after pandemic-driven fluctuations. Recessionary factors and Gen Z’s shifting behaviors are slowing growth, but it will stay positive as issuers tap digital innovations—like open banking and alternative credit models—to convert more consumers into cardholders.
Retail media partnerships are the future of TV.
In-store retail media doesn’t have to be limited to the physical. In-store audio ads increase awareness among consumers without disrupting their shopping experience.
Instacart’s gross transaction volume grew just 5% in the first half: That’s a troubling number that can’t be glossed over by the company’s 30% revenue growth.
Panama Canal blockage creates headaches for retailers ahead of the holiday season: Over 200 ships are stuck as low water levels limit the number of vessels allowed to pass.
B2B marketplace Ghost raises $30 million to help retailers solve their inventory problems: The startup offers companies a place to buy and sell excess goods.
Amazon wants to compete with FedEx and UPS: The retailer relaunched its Amazon Shipping service, which delivers products sold on Amazon's marketplace, sellers’ own websites, and other sites and marketplaces.
Holiday retail sales will grow 4.5% to reach $1.317 trillion this year, according to our forecast. Retailers who want to carve out a share of that spend will need strong promotional strategies and a seamless digital-physical experience. It’s also not a bad idea to have a plan ready for when the returns start rolling in.
On today's episode, we discuss whether it's too early to talk about Gen Alpha, delivering things without the box, what's happening on TikTok Live, fast fashion looking to repairs, what websites will look like in the future, the most popular theme parks in the world, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian, analyst Blake Droesch, and forecasting director Oscar Orozco.
The company has been beefing up its BNPL capabilities ever since its exclusivity period with Affirm ended earlier this year
It ramped up its probe against Visa over tokenization practices and amid wider investigations into anti-competitive behavior of Visa’s and Mastercard’s debit practices
Its financial results for the first half of 2023 showed a deceleration of growth and led to a stock tumble
Amazon's Sponsored Products ads now reach beyond its platform: High-performing format could grow retail media's share of market.
Lower-income consumers are feeling pinched: Although inflation is cooling, many are shopping discount stores for everything from basic necessities to groceries.
Estée Lauder has significant challenges: The combination of too much merchandise and weak travel retail demand is weighing on Estée Lauder’s results.