Retail & ecommerce briefing Trends & Statistics

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Macy’s turnaround plan saw green shoots in Q3

Article
Nov 25, 2024

Macy’s had a mixed Q3: Sales at its luxury Bloomingdale’s and Bluemercury labels rose, but its namesake brand is struggling to attract shoppers

P&G bets on Douyin to support China recovery

P&G bets on Douyin to support China recovery

Article
Nov 25, 2024

Douyin investments are helping P&G shore up China sales: It’s taking advantage of the platform’s popularity among deal-seeking shoppers to boost its brands’ profiles.

Retailers experiment with shoppable TV as consumers warm to the format

Retailers experiment with shoppable TV as consumers warm to the format

Article
Nov 25, 2024

Retailers, streamers embrace shoppable TV ads to shorten the path to purchase: WBD, Amazon, Kroger, and The CW Network are relying on the format to drive product discovery and sales.

3 in 5 supply chain executives worry about inventory shortages during the holidays

Article
Nov 22, 2024

Retailers don’t want inventory shortages to steal their holiday cheer: That’s why most of them have taken steps to ensure trending products are available during peak shopping periods.

Gap raises full-year outlook as turnaround gains pace

Article
Nov 22, 2024

Gap’s momentum continues into the holiday season: Weather-related headwinds notwithstanding, the retailer’s brand reinvigoration efforts are resonating with shoppers and driving sales.

GenAI will drive online sales this holiday season

GenAI will drive online sales this holiday season

Article
Nov 22, 2024

Consumers turn to genAI to help with holiday shopping: Nearly one-fifth of global Cyber Five sales this year will be influenced by AI agents and other tools, Salesforce says.

McDonald’s plans to double down on value in 2025

McDonald’s plans to double down on value in 2025

Article
Nov 21, 2024

McDonald’s will focus on “McValue” in 2025: The fast-food chain plans to extend its $5 value menu and add deals as the QSR price war rages on.

Retailers rush imports, accelerate supply chain diversification to get ahead of Trump tariffs

Retailers rush imports, accelerate supply chain diversification to get ahead of Trump tariffs

Article
Nov 21, 2024

Trump’s tariffs threaten to upend retailers’ supply chains: Companies are rethinking sourcing and stocking up on goods early to minimize additional costs and disruptions.

Temu parent PDD’s weak Q3 points to challenges ahead

Temu parent PDD’s weak Q3 points to challenges ahead

Article
Nov 21, 2024

PDD misses expectations as competitive pressures erode price advantage: The ecommerce company expects challenges to continue in the short-term as domestic and international rivals gain an edge.

The endless aisle can lead consumers to feel overwhelmed

Article
Nov 21, 2024

Shoppers want help: Too many choices online can overwhelm consumers and leave them frustrated by the effort required to make a purchase decision.

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Delta doubles down on premium travel

Article
Nov 20, 2024

Delta expects demand from high-income consumers to boost revenues in 2025 and beyond: More than half of its ticket sales will come from premium seats by 2027 as travelers splurge on comfort.

Google adds new in-store and local shopping features to Lens, Maps

Article
Nov 20, 2024

Google wants to be a retail hub: Less than a month after rolling out a rebuilt Google Shopping, the tech giant launched a host of in-store and local shopping features.

TJX’s holiday quarter starts strong as shoppers seek value, low prices

Article
Nov 20, 2024

TJX’s value proposition won over shoppers of all ages and incomes in Q3: That momentum has carried over into Q4, putting the off-price retailer in pole position to benefit this holiday season.

Target delivered its biggest earnings miss in two years

Target delivered its biggest earnings miss in two years

Article
Nov 20, 2024

Target had a rough Q3: The retailer is struggling to adjust to the macroeconomic environment, and its challenges aren’t going to get easier anytime soon.

Lowe’s expects sales to decline this year despite better-than-expected Q3

Article
Nov 19, 2024

Consumers aren’t splurging on discretionary home improvement projects: That’s a big reason Lowe’s expects year-over-year sales to decline for 2024.

Mytheresa targets double-digit growth despite luxury downturn

Article
Nov 19, 2024

Mytheresa knows what luxury shoppers want: The luxury ecommerce retailer grew sales by 7.6%, bucking the global luxury slowdown.

TikTok looks to boost its reputation as an ecommerce destination

TikTok looks to boost its reputation as an ecommerce destination

Article
Nov 19, 2024

TikTok Shop wants to be a holiday season shopping hub: The platform’s Brand Palooza campaign features steep discounts, an extended returns window, and TikTok Lives from celebrities, brands, and creators.

Walmart’s investments in value and convenience won over shoppers in Q3

Walmart’s investments in value and convenience won over shoppers in Q3

Article
Nov 19, 2024

Walmart’s strong Q3 bodes well for its holiday performance: The retailer’s sales and profits beat expectations thanks to healthy ecommerce growth, more affluent shoppers, and recovering general merchandise sales.

McDonald’s to spend $100 million to revive sales following E. coli outbreak

Article
Nov 18, 2024

McDonald’s earmarks $100 million to undo damage from the E. coli outbreak: The fast-food chain will spend big on marketing and offer franchisees more support to win back customer trust and sales.

Nordstrom relies on genAI to boost holiday sales

Article
Nov 18, 2024

Nordstrom gives its shopping app a genAI upgrade: The department store retailer hopes enhanced search and personalization capabilities will give it an edge this holiday season.

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