Unionized Apple Store employees taste victory with landmark collective bargaining agreement: But the advantage lies with the tech giant as organizing momentum stalls.
Prada bets on Hong Kong despite near-term headwinds: While tourism is well below pre-pandemic levels, the opportunity for favorable rents and easy access to mainland Chinese consumers is too good to pass up.
McDonald’s sales fell for the first time since 2020: The company’s overreliance on price hikes led it to lose its “value leadership” positioning. Reestablishing that role is the key to its turnaround.
7-Eleven looks to give consumers a fresh reason to stop in: The company is adding more high-quality products to its stores.
Chinese brands squeeze out US rivals: Apple, Starbucks, Nike, and McDonald’s are among the companies losing share in the world’s second-largest economy.
While some consumers’ finances are improving, other consumers are falling deeper into debt
It will likely mirror the rules forming in the US, regulating BNPL providers as credit card companies
“Amazon is in such a unique position to give us an idea of broader consumer sentiment because of their scale and reach,” our analyst Sarah Marzano said on an episode of the “Behind the Numbers: Reimagining Retail” podcast. This year, nearly three-quarters (72.7%) of all US households will be Prime members, according to our July 2024 forecast. “If we examine the behaviors that emerge from Prime Day, we get a good sense of how consumers are feeling.”
The last-mile delivery market is in flux: Retailers' desire to curb ballooning costs presents an opportunity for companies like DoorDash to grab share from UPS and FedEx.
Skechers, Deckers capitalize on Nike’s missteps: Both companies saw healthy growth in their wholesale and DTC businesses as shoppers responded positively to their assortments.
Walmart+ Week member participation rose thanks to popularity with wealthy shoppers: While Amazon’s Prime Day sale attracted twice as many participants, its lead is narrowing.
Last week, EssilorLuxottica, parent company of Ray-Ban and other eyewear brands, announced the acquisition of streetwear brand Supreme from VF Corporation. It’s a strange move for EssilorLuxottica.
Are millennials pulling away from Amazon? While they were the one demographic group whose Prime Day spending dropped year over year, they continued to spend on other retailers’ sites.
They helped boost growth as card volume moderated. Revenues missed expectations, but we think Visa is primed for growth
The fee bump likely won’t scare many cardholders away as many view the cards as status symbols and are willing to pay upfront to get value in the end
Looking through the noise, we think Capital One is still set up for long-term growth
The US economy is in good shape: Consumers keep spending, inflation is returning to normal, and the Fed may soon cut interest rates.
CPGs stick with price hikes despite private label pressures: Unilever and Nestlé were the latest companies to report disappointing Q2 sales as shoppers seek value.
Hasbro and Mattel smell opportunity despite category headwinds: Both companies expect performance to improve in the second half of the year, driven by kidult demand and their IPs.
On today’s podcast episode, we discuss this years Prime Day. Was Amazon's ad platform breaking on the day a big deal, how other retailers event day behavior is changing, and how the shopping holiday is impacting the back-to-school season. Listen to the conversation with our analyst Sara Lebow as she hosts analysts Sarah Marzano and Zak Stambor.