Consumer Spending

Reza Partners with Perfect Corp. to Enable Virtual Try On of Jewelry

Reza Partners with Perfect Corp. to Enable Virtual Try On of Jewelry
Reza Partners with Perfect Corp. to Enable Virtual Try On of Jewelry
November 11, 2022  |  Retail

French jewelry brand Reza has deployed Perfect Corp.’s artificial intelligence (AI) and augmented reality (AR) solution so that visitors to its new eCommerce website can...

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YouTube, Twitter, Amazon Double-Down on Social Commerce Amid Growth Scarcity
YouTube, Twitter, Amazon Double-Down on Social Commerce Amid Growth Scarcity
November 11, 2022  |  Retail

It seems that 2022 is shaping up as the year social selling got its act together, or at least came to the front of the...

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Report: China’s Singles Day Retail Growth Expected to be Weakest Ever
Report: China’s Singles Day Retail Growth Expected to be Weakest Ever
November 11, 2022  |  Retail

China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a...

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October Inflation Drop Won’t Quell Consumer Affordability Fears
October Inflation Drop Won’t Quell Consumer Affordability Fears
November 10, 2022  |  Retail

For the fourth consecutive month, inflation slowed in October and while the market reaction happened instantly, data and history suggest the consumers’ response will be...

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Sally Beauty to Close 350 Stores and Ramp Up Omnichannel Services
Sally Beauty to Close 350 Stores and Ramp Up Omnichannel Services
November 10, 2022  |  Retail

Sally Beauty Holdings, a retailer and distributor of hair color and care products for both consumers and salon professionals, is working to optimize its footprint...

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October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
October Inflation Dips to 7.7% Fueling Hopes for ‘Soft Landing’
November 10, 2022  |  Economy

The nation’s closely watched Consumer Price Index fell to a nine-month low of 7.7% in October, as the impact of rising interest rates and weaker...

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Latin America May Be Holiday Gift Cross-Border Merchants Are Seeking
Latin America May Be Holiday Gift Cross-Border Merchants Are Seeking
November 10, 2022  |  Cross Border Commerce

Winter gifting holidays are as important in Latin America as anywhere, and online retailers want to tap that potential not just to bolster 2022 receipts...

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Three-Quarters of Grocers Say Digital Discounts Are Key to Loyalty
Three-Quarters of Grocers Say Digital Discounts Are Key to Loyalty
November 09, 2022  |  Loyalty & Rewards

The prevailing belief among grocers is that, in the face of skyrocketing prices, they would be best served to find ways to provide their customers...

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Aggregators Step Up Efforts to Offer Everything On-Demand
Aggregators Step Up Efforts to Offer Everything On-Demand
November 09, 2022  |  Delivery

Leading U.S. food delivery service DoorDash is expanding its selection of cosmetics, a lightweight, high-cost category that racks-up large order values while taking up minimal space...

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