Retail & ecommerce briefing Trends & Statistics

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Temu and Shein could face EU crackdown on cheap imports

Temu and Shein could face EU crackdown on cheap imports

Article
Dec 05, 2024

EU considers new measures to curb Chinese ecommerce influence: Officials are trying to stem the tide of unsafe products and protect local retailers.

Coca-Cola significantly scales back its sustainability goals

Article
Dec 04, 2024

Coca-Cola narrows its sustainability ambitions: The change dovetails with several other companies backing away from DEI initiatives amid shifting political winds.

Foot Locker’s holiday prospects are uncertain amid soft discretionary spending

Article
Dec 04, 2024

Nike troubles complicate Foot Locker’s turnaround plan: The retailer lowered its full-year guidance as it struggles to win over cautious shoppers outside of peak shopping periods.

REI, Target, and ASOS among retailers cracking down on return fraud

REI, Target, and ASOS among retailers cracking down on return fraud

Article
Dec 04, 2024

Retailers try to rein in return fraud: Ecommerce’s growth this holiday season increases the pressure on retailers to combat fraud without pushing consumers away.

Walmart offers wayfinding service to vision-impaired shoppers

Article
Dec 04, 2024

Walmart makes it easier for visually impaired shoppers to navigate stores: The retailer partnered with Aira to offer customers wayfinding services, its latest move to improve accessibility.

Cyber Monday sales shattered records

Cyber Monday sales shattered records

Article
Dec 03, 2024

Steep discounts drove shoppers to spend on Cyber Monday: The Monday after Thanksgiving is poised to be the biggest online shopping day in US history.

Shein, Temu delivery providers face scrutiny into labor practices

Article
Dec 03, 2024

Shein and Temu delivery providers face barrage of lawsuits regarding labor practices: Several have been accused of underpaying workers, misclassifying them as independent contractors, and failing to provide overtime.

Shipping surcharges are up nearly 26% since 2021

Article
Dec 03, 2024

Carriers keep hiking up shipping costs: Rates are up nearly 26% since 2021, and that’s before factoring in holiday surcharges that will further eat into retailers’ margins.

Strong Cyber Five sales bodes well for the holiday season

Strong Cyber Five sales bodes well for the holiday season

Article
Dec 03, 2024

Amazon, Target, and malls were among this year’s Cyber Five winners: Roughly 197 million people shopped this year’s sales, leading to a surge in online and in-store spending.

Vizio gives Walmart’s advertising business a boost

Article
Dec 03, 2024

Walmart’s advertising business gets a boost: The retailer closed its Vizio acquisition, giving it inroads into the lucrative CTV market.

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Fashion brands see India as their next big opportunity as China prospects dim

Article
Dec 02, 2024

India will be a focus market for fashion brands in 2025: They’re counting on the country’s growing affluent population to offset weakness in China.

UK holiday spending is off to a sluggish start

Article
Dec 02, 2024

UK retail footfall declined in November as shoppers waited for Black Friday deals: Poor weather and subdued confidence also weighed on traffic, souring retailers’ holiday prospects.

Black Friday ecommerce sales soar nearly 15%

Article
Nov 30, 2024

Steep discounts drove shoppers to splurge on Black Friday: Consumers scooped up bargains across several categories, helping online sales jump 14.6% YoY the day after Thanksgiving.

Kohl’s difficult Q3 is a bad sign for its holiday prospects

Article
Nov 27, 2024

Kohl’s is in trouble: The struggling department store hopes a new CEO will rescue it from a series of missteps that weighed heavily on its Q3 performance.

Retailers struggle to fend off cyberattacks

Article
Nov 27, 2024

Cybersecurity is a major issue for retailers this holiday season: A surge of transactions combined with over-extended, undertrained employees creates opportunities for fraudsters.

TikTok Shop forecasts record UK sales this Christmas as ecommerce investments take hold

Article
Nov 27, 2024

TikTok Shop gears up for busy holiday season in the US, UK: The platform expects hefty ecommerce and ad growth this year as shoppers get used to transacting on the app

Dick’s, Abercrombie & Fitch are bullish about the holidays while Best Buy tempers expectations

Article
Nov 26, 2024

It’s a divergent retail environment: While Dick’s Sporting Goods and Abercrombie & Fitch expect shoppers to spend freely this holiday season, Best Buy’s sales were softer than expected.

Trump’s pledged tariffs on imports from Mexico, Canada, and China will lead to more pain for consumers

Trump’s pledged tariffs on imports from Mexico, Canada, and China will lead to more pain for consumers

Article
Nov 26, 2024

Trump risks trade war with planned 25% tariffs on imports from Mexico and Canada: Besides triggering retaliatory policies, the move would also lead to higher grocery, energy, and auto prices.

Value-conscious shoppers fuel off-price retailers’ Q3 growth

Article
Nov 26, 2024

Off-price retailers pushed past weather-related headwinds in Q3: Shoppers’ sharp focus on value helped Burlington, Ross, and Nordstrom Rack deliver solid results in Q3.

Consumers are more likely to punish than reward a brand for its values

Article
Nov 25, 2024

Brands can’t afford to take their value-based propositions lightly: Roughly 2 in 3 consumers have stopped or reduced purchasing from brands that conflict with their values.

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