Hasbro sharpens its focus on toys and games: After a weak 2022, the company aims to drive growth from two key customer segments: preschoolers and adults.
Despite slow US adoption and economic downturn affecting advertising, TikTok’s 1 billion daily users and Instagram’s exit from live shopping present opportunities for growth.
Recurring payments for Apple Cash can boost engagement and lure new users.
The brands built on their previous BNPL partnerships, bringing Affirm’s product to Amazon Pay to grow the buy button’s reach
Financial lobbyists are gearing up for another pitched battle against the bill, which could destabilize Visa and Mastercard’s credit duopoly
Through a partnership with Volt, it rolled out account-to-account payment capabilities
US mobile peer-to-peer (P2P) payments have reached a critical mass, and spending is surging—but the media’s spotlight on fraud has stoked consumer concerns, threatening user and spending growth. In 2023, providers will tackle the security issue head-on as they aim to become consumers’ primary wallet.
A lot of consumers like going to the mall: That’s why there’s a significant opportunity for malls to reinvent themselves.
Nearly a quarter (23%) of loyalty program professionals, across industries, say their biggest challenge is offering deep enough discounts to attract customers, per a global survey by Eagle Eye. Another 23% have a hard time balancing margins with attractive discounts, and 21% find it difficult to deliver offers to customers at the right time.
This year, furniture and home furnishings will make up a $179.75 billion ecommerce market in the US, according to our forecast, and growth is accelerating. With challenges coming from big names like Amazon and Walmart and resale platforms like Facebook Marketplace and Craigslist, Ikea has no choice but to innovate to keep up.
The SEC stepped up its crackdown on crypto after filing civil charges against Coinbase and Binance.
The card network launched an account owner verification tool in Europe and partnered with Algoan to boost financial inclusion
The agency issued a consumer advisory about storing money in P2P’s potentially uninsured accounts
It integrated its payment services with travelplanbooker.com’s travel agency platform
As the mobile wallet ecosystem matures, US proximity mobile payment engagement gains are lapping user growth.
There are clear signs that consumers are struggling to keep up: Credit card debt keeps piling up and several retailers have found a sharp rise in buy now, pay later use.
Eurozone retail sales were flat in April as food inflation cut in: But low unemployment, easing inflation, and wage growth are helping to relieve consumers’ anxieties.
Consumer appetite for private label products shows no sign of slowing: Seventy-seven percent of customers who buy private label products plan to buy even more in the future.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss why Ikea has fallen behind on ecommerce, what to expect from its new store formats, and how the company developed its cult-like following. Then, for "Pop-Up Rankings," we rank Ikea's top four biggest challengers. Join our analyst Sara Lebow as she hosts analysts Carina Perkins and Zak Stambor.
Inditex homes in on store optimization, price increases to drive growth: The fast-fashion retailer grew profits 54% in Q1 thanks to higher sales from larger stores.