TJX is confident it can grow market share this year: The retailer’s offerings continue to resonate strongly with deal-seeking shoppers.
2024 is shaping up to be the year of the AI-powered shopping assistant. Just two months in, retailers from Walmart and Amazon to Ikea and Chevron have released a flurry of AI-based updates, hoping to make the shopping experience easier and more relevant.
Lowe’s expects comparable sales to fall 2% to 3% this year: The high interest rate environment is tough for the retailer as fewer people are moving or embarking on home projects.
Macy’s unveils new turnaround plan as sales continue to slide: The company will close 150 stores while expanding its luxury and beauty presence.
Ikea operator Ingka Group bets big on malls: The company is scooping up properties around the world and adding on experiential elements (and an Ikea store) to drive traffic.
On today’s podcast episode, we discuss the potential audiences for some of the world’s biggest sporting events; how brands and marketers can better monetize these audiences; and how TV and streaming rights might shake out in the near future. Join host Bill Fisher, our analyst Paul Briggs, forecasting writer Ethan Cramer-Flood, and vice president of content Paul Verna for the discussion.
Retail media works. For 77% of US organizations, retail media has either met or exceeded KPI expectations, according to a December 2023 survey from Skai and the Path to Purchase Institute. Only 3% say it had little or no impact on desired objectives.
Apple, Samsung, and Motorola push the needle on wearables: Unusual prototypes point to tech’s hunger for device revenue. But is it worth the cost?
"Delulu"—slang for delusional—is a popular Gen Z refrain used to describe achieving outcomes through the power of positive thinking. But Gen Zers’ delulu approach isn’t working for their financial lives.
Gen Z consumers are tech-savvy digital natives that feel more comfortable searching for products on social platforms like TikTok over traditional search engines like Google. Even when they’re shopping in-store, they employ technology to help them, browsing mobile phones and using self-checkout to make the shopping experience more seamless.
We look at Block's plans to dive deeper into retail banking.
Worldwide retail media spend will hit $140 billion this year, according to our December 2023 forecast.
Amazon aggregators show signs of life: Acquisitions from unybrands and Forum Brands indicate a thawing in the landscape.
Concerns over forced labor could tank Temu’s US ambitions: Lawmakers are pushing for an import ban, which could end the company’s rise as abruptly as it began.
On today's podcast episode, we discuss which app experiences best transfer over to the new Apple Vision Pro mixed reality headset, whether instant AI-generated videos will be a hit, department stores' path to relevancy, if folks are ready for shoppable media, how marriage is changing in the US, and more. Tune in to the discussion with our analysts Ross Benes, Bill Fisher, and Carina Perkins.
The rollout will help Zilch attract more volume as it angles to become consumers' top payment choice for all purchases
The service can ease consumers' financial concerns and help them avoid alternatives like payday loans
The tie-up can help Adyen attract and retain more merchants as demand grows for B2B installment loan offerings