Economic Uncertainty Trends & Statistics

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Retailers plan to keep raising prices in 2023

Article
Feb 21, 2023

Over half of retailers plan to raise prices this year: But any additional profitability may be wiped out by declining consumption from cash-strapped shoppers.

Snap reaches 750 million monthly active users, will lean into direct response to weather tough ad market

Article
Feb 17, 2023

Snapchat sees user bump amid economic headwinds: Company outlines the steps it’s taking to bolster direct-response ad performance.

Shopify expects macroeconomic challenges in Q1

Article
Feb 16, 2023

Shopify delivered a stronger-than-expected Q4: But the company’s efforts to turn around its lackluster 2022 remain a work in progress due to the tough economic environment.

Travel demand shows no signs of softening in 2023

Travel demand shows no signs of softening in 2023

Article
Feb 15, 2023

Inflation hasn’t made a dent in travel demand: Airbnb, Marriott, and United all reported strong Q4 earnings despite higher prices for airfare and lodging.

As inflation brings down consumer financial confidence, banks are key in boosting it back up

As inflation brings down consumer financial confidence, banks are key in boosting it back up

Article
Feb 14, 2023

Inflation is changing anxious consumers’ financial goals. Banks can play a big role in helping them feel supported.

Why Amazon is bringing change to Zappos

Article
Feb 13, 2023

Amazon reportedly laid off about 20% of Zappos’ workforce in January: The retail giant is cutting costs at Zappos and elsewhere as it recalibrates for slower growth.

Affirm CEO eats his words after mounting losses lead to mass layoffs

Article
Feb 10, 2023

After touting a recession-proof business model, the BNPL firm slashed 19% of its workforce and will restructure to the tune of $39M.

Several signals suggest consumer spending is picking up

Article
Feb 10, 2023

Several indicators suggest consumer spending remains strong: Consumer sentiment hit a 13-month high in February and retail sales appeared to pick up in January.

Taco Bell’s sales soar, while Chipotle misses expectations as consumers focus on value

Taco Bell’s sales soar, while Chipotle misses expectations as consumers focus on value

Article
Feb 08, 2023

Consumers are trading down to value-oriented QSR brands: That trend helped Yum Brands and Subway post strong gains in Q4, while higher-priced restaurants like Chipotle disappointed.

US Retail Ecommerce Returns 2023

US Retail Ecommerce Returns 2023

Report
Feb 08, 2023

Generous returns policies have encouraged shoppers to buy online, but an unsustainable wave of returned goods is forcing retailers to rethink their strategies.

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Zilch partners with debt charity to help customers get through cost-of-living crisis

Zilch partners with debt charity to help customers get through cost-of-living crisis

Article
Feb 08, 2023

Partnering with StepChange will help support struggling customers, but it raises questions around the harm BNPL can cause.

Look past the layoff-related headlines, the number of people working in retail keeps growing

Article
Feb 06, 2023

Retail layoffs garner headlines but they’re not the full picture: The number of people working in retail continues to grow—we break it down.

Amazon delivered a mixed bag in Q4

Article
Feb 02, 2023

Amazon’s revenues rose 9% in Q4: While the company’s highly profitable retail media business continued its upward trend line, ecommerce sales fell 2% YoY.

Can Amazon beat expectations?

Article
Feb 02, 2023

Amazon seems poised to beat its lowered expectations: While the retail giant predicted its slowest-ever holiday season growth, analysts expect the retail giant’s Q4 sales still rose 6% YoY.

Grocers fight back against supplier price hikes

Grocers fight back against supplier price hikes

Article
Feb 01, 2023

Grocers are less willing to put up with price hikes as inflation eases: Whole Foods is the latest retailer to ask suppliers to lower prices to relieve pressure on consumers.

Why three fintechs attracted investment from shrinking UK funding pool

Article
Feb 01, 2023

Embedded finance fintechs and those with disruptive potential are still attracting investment despite the funding decline.

New indicators offer a glimmer of hope for China’s retail industry

Article
Jan 30, 2023

The Chinese economy shows signs of life: While that’s good news for retailers after flat growth last year, many are adopting conservative strategies to protect their bottom lines.

Slowing sales growth drives retailers to cut their workforce

Article
Jan 27, 2023

We expect retail sales growth to slow to 2.9% this year: That pullback in spending is leading retailers to cut staff to protect their bottom lines.

Western Europe marketers to favor search, retail media in tough economy

Western Europe marketers to favor search, retail media in tough economy

Article
Jan 27, 2023

Search ads and retail media to aid Western Europe advertisers: Economic uncertainty to bolster use of ad channels that can deliver solid returns in 2023.

Valentine’s Day spending is expected to rise 8.4% this year

Article
Jan 26, 2023

Consumers expect to spend nearly 10% more on Valentine’s Day this year: And nearly one-third plan to give the gift of an experience, the highest share ever.

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