consumer insights

Global Retailers Ramp Up Use of AI Shopping Tools

Global Retailers Ramp Up Use of AI Shopping Tools
Global Retailers Ramp Up Use of AI Shopping Tools
December 03, 2024  |  Retail

Major retailers worldwide are accelerating artificial intelligence (AI) deployment in stores and apps. Walmart Chile is rolling out AI-powered smart carts, while Thai supermarket chain...

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BNPL’s In-Store Struggle: Digital Darling Hits Brick Wall in Physical Retail
BNPL’s In-Store Struggle: Digital Darling Hits Brick Wall in Physical Retail
December 02, 2024  |  BNPL

Black Friday’s in the rearview mirror. Cyber Monday is here. Part of what incentivizes a consumer to buy is if and when their preferred payment...

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71% of German Consumers Used a Digital Wallet in the Past Year
71% of German Consumers Used a Digital Wallet in the Past Year
December 02, 2024  |  Digital Payments

Digital wallets have become a key tool for German consumers, especially for online shopping and banking. Consider that 71% of consumers in Germany used a...

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Convenience Drives Growing Adoption of Mobile Shopping
Convenience Drives Growing Adoption of Mobile Shopping
November 29, 2024  |  eCommerce

Mobile shopping is reportedly gaining ground during this year’s holiday shopping season. The growth is being driven by the convenience provided by refinements retailers have made...

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Holiday Shoppers Wait for Deals Before Buying
Holiday Shoppers Wait for Deals Before Buying
November 29, 2024  |  Retail

Early results from this year’s holiday shopping season reportedly suggest that consumers are waiting for deals before buying. Shoppers are focused on promotions and are...

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Best Buy Revenues Dip as Consumers Await ‘Deals and Sales’
Best Buy Revenues Dip as Consumers Await ‘Deals and Sales’
November 26, 2024  |  Retail

Best Buy says cautious, deal-chasing consumers and the presidential election kept quarterly sales muted. The electronics retailer released earnings Tuesday (Nov. 26) showing a 2.9%...

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41% of Zillennials Prioritize Price Over Brand Loyalty
41% of Zillennials Prioritize Price Over Brand Loyalty
November 26, 2024  |  Consumer Insights

Zillennials, the generation born between 1991 and 1999, exhibit distinct shopping preferences, with a divide between those who prioritize price and those who stick to...

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High-Income Shoppers Load Up Their Grocery Carts at Walmart
High-Income Shoppers Load Up Their Grocery Carts at Walmart
November 19, 2024  |  Retail

During the latest conference call with analysts, Walmart’s management observed that that, in a quarter where same-store sales were up 5.3% in the United States,...

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