Meta rings in two decades of Facebook: The company has undergone major transformations, and 2024 will bring more changes as AI and regulation shape its trajectory.
Amazon shoppers, meet chatbot Rufus: It’s part of a broader trend of Big Tech weaving AI into existing products and services. But it’ll have to live up to customer expectations.
Target’s Black History Month products miss the mark: The retailer pulled an item celebrating Black history from its shelves that misidentified several historical figures.
Valentine’s Day is quickly approaching (a helpful reminder), and ahead of the romantic holiday, Sweethearts put out a collection of “situationship” hearts with “messages as blurry as your relationships.” The candies are targeted at Gen Zers in an aim to get buy-in from consumers who may not be head over heels for celebrating Valentine’s Day.
It’s continuing to expand these services, including by investing in AI-powered fraud solutions, to further spur growth
The company is investing in AI and rewards partnerships to bring in more active customers to its mobile wallet
Elective cosmetic procedure are expensive and not covered by insurance, creating demand for financing solutions like Synchrony’s CareCredit
It’s easy to understand the appeal of brand extension: Carhartt, lululemon, and Christian Louboutin are among the brands pushing into new markets to accelerate growth.
Booming demand for Uggs and Hokas lifts Deckers to record quarter: The company sees plenty of opportunity for growth ahead as it focuses on its D2C business.
Mattel faces activist pressure amid falling toy sales: The company is being pushed to offload its struggling American Girl and Fisher-Price brands.
Shopify leans on AI to drive growth: AI is powering everything from the company’s new media editor to semantic search to ad-targeting tools.
US grocery store displays averaged 80.3 per store in 2023, a decline 10.2 from 2018, according to Q3 2023 data from Circana.
But regulatory challenges could dampen Amazon’s growth prospects: The retailer, along with other ecommerce marketplaces, could soon become responsible for the safety of all items sold on its platform.
Shoppers made a record number of Amazon purchases this holiday season: Strong consumer spending coupled with momentum in its ad business helped propel Amazon’s earnings well past expectations.
On today's podcast episode, we launch our inaugural 'The Unofficial Most Interesting Retailers List' for January. Arielle, Becky, and Sara (a.k.a. The Committee) have put together a very unofficial list of 8 retailers they're watching right now, based on which retailers are making the most interesting moves this month. Who's launching new initiatives? What partnerships move the needle? What stand-out marketing campaigns are there? On future episodes, we’ll have analysts dispute this power rankings list, but on today's show we layout our top 8 for January. Join our analyst Sara Lebow as she hosts analyst Arielle Feger and director of content Becky Schilling.
Walmart plans to broaden its physical footprint: After years of keeping its store count flat, the retailer intends to open or remodel over 150 stores in the next five years.
They want more nontraditional rewards, greater personalization, and less friction in the rewards process
The addition of BNPL at checkout can help improve credit access in a market where 70% of adults don’t have a credit card
The company used its proprietary stablecoin as the main funding instrument, highlighting the asset’s transfer benefits
Adidas acknowledges its financial performance is “not good”: The company plans to sell its remaining unsold Yeezy inventory rather than write it off as it seeks to recoup its losses.