Influencer marketing can help payment brands shore up their marketing strategies now before their ad budget growth slows.
The biggest Prime Day on record gave loyal consumers even more of a reason to love Amazon. Millennials shopped more conservatively during the sale this year, yet continued spending at other retailers. Meanwhile, retail competitors rode the wave of heightened buying intent. Here are five key stats on Prime Day that you didn’t know.
In today’s episode, host Bill Fisher is joined by Paul Briggs, Man-Chung Cheung, and Carina Perkins to discuss the longevity of subscription services and loyalty programs from both a client and corporate perspective. How many subscriptions can people afford, and how much can companies afford to give away as part of their loyalty programs?
Best Buy gave its sponsored product listings the most prominent visibility compared with other retail sites, according to a Q3 2023 to Q1 2024 study from Crealytics.
Sam’s Club Member Access Platform (MAP) is launching display ads within its Scan & Go mobile checkout experience as an expansion of its omnichannel retail media formats. The move puts smartphones at the center of in-store retail media advertising, a move more retailers will likely make.
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