Malls are making a comeback, Simon says: The developer is seeing strong interest from tourists and wealthy shoppers as leasing demand rises.
Instacart and Uber team up to keep DoorDash at bay: Instacart hopes the deal will protect its grocery business and widen consumer appeal, while Uber looks for new customers.
Book bans are on the rise in US: This trend can have implications for brands’ marketing strategies.
Howard Schultz says Starbucks’ ‘fix needs to begin at home’: Following a tough quarter, the company’s former boss took to LinkedIn to detail how it should revamp its US operations.
Microsoft and Sanctuary AI team up on humanoid robots: Advanced AI is invigorating the robotics sector. But industry adoption doesn’t indicate consumer demand.
Overdraft policy mostly meets with indifference: If asked about their bank’s practices, most consumers would answer: “Don’t know and don’t care.” A NY Fed study found experience is the best teacher about what’s in the fine print.
Digital wallets will be the only payment type to increase its share of worldwide point-of-sale transaction value between 2023 and 2027, making up 46% of total value by the end of that time period, according to a March 2024 report from Worldpay.
As retail media grows, it’s becoming increasingly complex, prompting some marketers to take a step back and rethink how they’re approaching the channel.
Kroger Precision Marketing, Kroger’s retail media network, has partnered with Yahoo Advertising to enable advertisers using Yahoo’s DSP to leverage Kroger’s first-party data to reach a more targeted audience.
Amazon sees a big opportunity in beauty: The retail giant is hosting the Summer Beauty Haul sales event to capture shoppers’ attention, boost retail media spend, and drive sales.
Retailers like Dollar General, Walmart, and Target are rethinking the self-checkout experience, scaling back on kiosks or removing self-checkout from their locations altogether. But considering 55% of US adults prefer to get through their in-store grocery shopping as fast as possible (according to a November 2023 survey from Kearney) it’s unlikely self-checkout will be leaving stores anytime soon. Here are five stats on self-checkout, including how and why consumers like to use it, the reason some retailers are pulling back, and what the future holds for the technology.
Red Sea disruptions are increasing, Maersk warns: The growing risk zone is forcing shipping companies to take longer detours and raise prices to offset fuel costs.
Target pushes into wholesale to capitalize on Cat & Jack popularity: The company is looking to partner with international retailers to grow private label sales.
On today's podcast episode, we discuss whether GenAI is just a solution in search of a problem to fix, how the video streaming world has shifted already this year, how significant of an ad battleground the back seat of a cab can be, how fast people need things delivered, what the most popular pets in America are, and more. Tune in to the discussion with our analyst Blake Droesch and vice presidents of content Suzy Davidkhanian and Paul Verna.
Retailers take a page from Walmart's playbook: Aldi, Ikea, and Michaels are among the large retailers cutting prices to convince consumers to open their wallets and spend.
45,000 retail stores may close in the coming years: Sam Ash, Rite Aid, and Express are among the retailers shuttering stores in recent weeks.
Bad weather takes its toll on UK retail sales: Footfall and sales slumped in April as shoppers avoided the rain, but deflationary trends could boost spending in warmer months.