Rent the Runway is struggling to turn a profit: After posting negative sales growth for two straight quarters, the fashion rental company cut its corporate workforce by 10%.
Starbucks eyes major growth opportunities in India: The company plans to open roughly one new shop in India every three days over the next four years.
Dollar stores and off-price retailers set to once again dominate store openings in 2024: Economic uncertainty continues to fuel expansion opportunities for budget retailers.
PepsiCo and Carrefour trade words as pricing dispute heats up: The CPG company now claims it was the one to stop supplying the grocer after negotiations fell apart.
On today's podcast episode, our contestants compete in The Great Behind the Numbers Take Off, 2024 tech trends edition, where they will try and cook up the most interesting predictions for the coming year. They'll discuss how on-device AI features will boost flagging PC and smartphone sales, what happens when GenAI makes content less trustworthy, and how immersive media will take a qualitative leap. Tune in to the discussion with our analysts Jacob Bourne, Gadjo Sevilla, and Yory Wurmser.
Amazon wants to help shoppers find the perfect fit: The retailer is using AI to deliver personalized size recommendations that it hopes will boost sales while minimizing returns.
The rollout will encourage consumers to make these expenses, which are valuable and steady revenue flows, through Pix
New rules increased fraud prevention and established UPI ATMs, which will help boost UPI’s utility and use
India’s CBDC setbacks suggest the digital euro will have to overcome many hurdles
US digital media consumption and consumer spending growth are at a standstill. “It's just getting really competitive to reach today's consumers,” our analyst Jeremy Goldman said on an episode of the “Behind the Numbers: Daily” podcast. Here’s what advertisers need to know about the latest trends in digital, including fierce competition for ad dollars to ecommerce having room to grow.
45% of US retailers are planning a change to their contextual marketing strategies, which include sending SMS and emails to customers in-store, according to October 2023 Retail Systems Research data.
Instacart will show ads on its smart shopping carts: The company sees a significant opportunity to capture a sizable share of the fast-growing in-store retail media market.
It was a happy holiday season for several retailers: Lululemon, Abercrombie & Fitch, Crocs, and Pandora are among the companies that beat expectations over the final months of 2023.
European consumers cut spending in the lead-up to Christmas: But sentiment is ticking up as inflation eases.
On today's podcast episode, we discuss what to expect in 2024, whether Google's new AI search tool will destroy traffic, a new self-checkout machine, loyalty in the age of the "zero consumer," if everyone will soon be creating digital clones of themselves, roads that can wirelessly charge electric vehicles, and more. Tune in to the discussion with our vice president of content Suzy Davidkhanian, analyst Blake Droesch, and vice president of Briefings Stephanie Taglianetti.
Users say they were pushed to top up gift cards more than they wanted to. It’s an issue that’s much larger than Starbucks
We look at the trends that will sustain that growth into 2024
While the frequency of these payments is limited, consumers may finally be ready to modernize their bill payments
Hollywood strikes are a red-letter event for video advertising: Unable to cut labor costs, streamers will likely double down on ad-supported subscription tiers.
McDonald’s and Starbucks face blowback over war-linked controversies: Consumers’ misconceptions over companies’ positions are the latest challenge for large brands to navigate.