Category: News & Trends

April 24, 2024

Last month’s retail sales, released April 15 by the U.S. Commerce Department’s Census Bureau, closed out a first quarter that has been much more of a boon for retailers than many observers expected. The year-over-year increase in March — 5.3% […]

April 16, 2024

Amazon is expanding the reach of its Amazon Live shopping content with the debut of a new interactive shoppable channel on the Prime Video and Freevee streaming TV services. The HSN-style, free ad-supported TV (FAST) channel will give consumers expanded […]

April 11, 2024

We are past the point of conjecture about whether AI will upend the retail industry; it already has. In a recent study sponsored by Nvidia, 69% of retailers that used AI in 2023 reported that it increased revenues, and 72% […]

April 10, 2024

Nike remains the leading clothing and shoe brand for teenage consumers, but has seen a dip in interest. The brand’s share in footwear decreased 190 basis points year over year and 230 basis points compared to Piper Sandler’s fall 2023 […]

April 2, 2024

Walmart plans to take its Connect retail media offering “to the next level” this year, by expanding access to international and non-endemic advertisers, doubling down on self-serve capabilities across its spectrum of advertiser tools and expanding in-store, onsite and offsite […]

April 1, 2024

Imagine stepping into a store where no one speaks your language. You’d likely feel frustration, confusion and, ultimately, disappointment. This same barrier can exist for online shoppers navigating ecommerce sites in languages they don’t understand. Recent estimates forecast that nearly […]

March 29, 2024

Clinique has over the years leaned into experiential retail with the opening of pop-ups and shop-in-shops within department stores. The move to Amazon is the brand’s latest iteration of expanding its base while staying on target with its strategy to […]

March 27, 2024

With so many shifts in the market, the pressure is on to upskill your workforce. However, there is a balance between getting employees up to speed quickly and effectively while also fostering open communication and confidence. The retail industry can […]

March 26, 2024

DoorDash, the local delivery commerce platform, has revealed new alliances with Sally Beauty and M·A·C Cosmetics, alongside an enhanced collaboration with Sephora. This move expands the array of beauty products available for on-demand delivery, bringing convenience straight to consumers’ doorsteps. […]

March 19, 2024

Home goods and furniture sales have been under pressure in the last couple of years, after enjoying something of a boom at the peak of the pandemic. Higher interest rates that have slowed home sales and inflation’s hit to discretionary […]

March 19, 2024

It’s no secret that second-hand clothing offers affordable prices without compromising on quality. While these items may not be brand new, they’re far from worn out. Most second-hand shops carefully curate their offerings, ensuring you’ll find gems amidst the racks. […]

March 15, 2024

Amazon on Thursday announced its first Big Spring Sale. The six-day promotion will run from Wednesday through March 25. Unlike past big promotional events, sales will be available for all customers. However, Prime members can access exclusive deals during the […]

March 14, 2024

Luxury fashion continues to gravitate toward Roblox, an online game that allows brand partners to build custom virtual worlds for shoppers to explore. Roblox players control avatars that can don different outfits and participate in a variety of in-game activities […]

February 23, 2024

With over 5,000 suppliers participating, Walmart has called Project Gigaton “one of the largest private sector consortia of its kind.” When Walmart first set targets for reducing emissions both in its operations and value chain, the Science Based Target Initiative […]

February 22, 2024

Home and furniture have remained among the challenging segments of retail in recent months as consumers continue to feel economic and inflationary pressures, shifting their spending away from discretionary purchases. Beyond Inc. has an opportunity to grow revenue, get more […]

February 21, 2024

In a sign of its enormous role in both the U.S. and world economies, Amazon will join the exclusive “club” of 30 companies that make up the Dow Jones Industrial Average (DJIA), replacing Walgreens Boots Alliance. Additionally, Uber has been […]

February 21, 2024

The NY Fed previously deemed consumers using BNPL as more likely to be “financially fragile,” noting in a September report that they have credit scores below 620, have been delinquent on a loan or have been rejected for a credit […]

February 20, 2024

L’Oréal has high hopes for what AI and expanded access to data insights will do for the business. The company’s data platform houses 10 petabytes of data, which teams use to power “all types of AI models, including the latest […]

February 19, 2024

There are certainly some brands that are deeply embedded with their retail partners, developing exclusive products in partnership and engaging in cooperative marketing. But given the vast number of retail vendors out there, I would submit that the number of […]

February 19, 2024

Last year was an uncertain one. Though many of the economic indicators were excellent, including the low unemployment numbers and strong GDP growth, there was a lot of uncertainty in the market throughout the year. In the martech ecosystem, publishers […]