Retail

Retail
Pops of Pink and a Dash of Taylor Swift: Resolutions Retailers Must Make for 2024
December 30, 2023

A few years ago, many consumers focused on enhancing their beauty routines, setting up home offices, and engaging in at-home fitness activities, with companies like Mirror, Peloton and Tonal gaining popularity due to the pandemic. The trend prompted brands and retailers to emphasize health and...

Retail
Report: Shein or Temu Could Benefit From Merger With Wayfair
December 29, 2023

Shein or Temu reportedly could be potential merger partners for Wayfair. Either of the two Chinese-founded eCommerce companies could be a good fit for a merger with the Boston-based home goods retailer, Seeking Alpha reported Friday (Dec. 29), citing a paywalled list of 2024 predictions...

Retail
Merchants Not Offering Pay-Later Plans May Miss on End of Holiday Sales
December 29, 2023

As the year comes to an end, most consumers have completed their holiday shopping, although there were still stragglers and undecided shoppers deep into December. Market data reveals that in the last days of the campaign, merchants seem to have reduced their promotions and discounts,...

Retail
Walmart CEO Predicts Soft Sales as Amazon Readies Prime Video Ads
December 29, 2023

At the start of the month, the CEO of Walmart explained challenges in predicting the post-holiday sales outlook for 2024. Meanwhile, Amazon is mastering the art of balance by cashing in on ads, inserting them into Prime Video content from Jan. 29 onward.  During an...

Retail
More Than Half of Consumers Say Personalized Offers Miss the Mark
December 29, 2023

Personalized offers can be a game changer for merchants. Still, attempts that miss the mark have the potential to annoy and alienate potential customers. Despite these offers’ potential to provide a competitive edge and foster customer loyalty, the art of effectively crafting and distributing them...

Retail
Amazon to Insert Ads Into Prime Video Beginning Jan. 29
December 27, 2023

Amazon has apparently set a date for adding ads to its Prime Video content. The company will begin introducing commercials to movies and TV shows for viewers in the U.S. beginning Jan. 29, Deadline reported, citing a letter to subscribers. The change will come to customers in the...

Retail
Zulily Begins Liquidation After Several Rounds of Layoffs
December 27, 2023

Citing a challenging business environment, online retailer Zulily is closing its doors. The company announced its liquidation process on its website Wednesday (Dec. 27), informing customers that it hopes to fill all ending orders in the weeks ahead. “This decision was not easy nor was it entered into lightly,”...

Retail
As H&M Pivots to New Spenders, What Will Mango Do?
December 27, 2023

As H&M works to attract a new set of shoppers, while Shein and Zara pick up more market territory in the fast fashion landscape, Mango, the Spanish retailer, is fortifying its presence in the U.S. Mango has announced plans to unveil its inaugural stores in...

Retail
Gen Z Favors Brands vs Retailers for Card-Linked Offers
December 26, 2023

Retailers and brands are constantly seeking ways to foster customer loyalty and generate new sources of sales. One effective strategy is to leverage item-level receipt data to provide personalized and relevant card-linked offers. These programs provide economic incentives, such as cash-back rewards, which increase customer...