Retail & ecommerce briefing Trends & Statistics

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Perplexity rolls out a host of shopping features, including in-search shopping

Perplexity rolls out a host of shopping features, including in-search shopping

Article
Nov 18, 2024

Perplexity takes on Google: The AI-powered search engine launched a Buy with Pro ecommerce feature, along with a host of other shopping-related elements to broaden its utility and appeal.

The Cyber Dozen is the new Cyber Five

Article
Nov 18, 2024

Amazon, Best Buy, and Google will launch sales on November 21: The shorter-than-usual period between Thanksgiving and Christmas is driving retailers and brands to start their holiday pushes early.

Amazon defends price advantage with low-cost marketplace launch

Article
Nov 15, 2024

Amazon launches Temu competitor Haul to maintain price advantage against online retailers: However, growing pains like shoddy AI-generated imagery could limit its traction with customers.

China’s stimulus measures boosted retail sales in October

Article
Nov 15, 2024

China’s retail sales ticked up in October: But mixed results from JD.com and Alibaba show that retailers still face significant headwinds.

Retailers have momentum heading into the holidays

Retailers have momentum heading into the holidays

Article
Nov 15, 2024

A record number of people plan to shop over the Cyber Five: The NRF’s forecast dovetails with stronger-than-expected October sales, suggesting retailers have momentum heading into the holidays.

Advance Auto Parts plans to close about 700 stores

Article
Nov 14, 2024

It will take time to get Advance Auto Parts back on track: The retailer’s long-term strategy includes the short-term pain of cutting jobs and closing over 700 stores and four distribution centers.

Ben & Jerry’s sues parent Unilever for muzzling its Palestinian rights advocacy

Ben & Jerry’s sues parent Unilever for muzzling its Palestinian rights advocacy

Article
Nov 14, 2024

Tensions between Ben & Jerry’s and Unilever reach a boiling point: The ice cream brand sued its parent company for breaking its promise to allow the subsidiary to set its own social mission.

Burberry about-faces on brand elevation strategy as sales slump

Article
Nov 14, 2024

Burberry returns to its roots: To turn its fortunes around, the struggling luxury company will undo its brand elevation strategy and focus on outerwear and scarves.

The retail industry prepares to step out of the antitrust spotlight under Trump

The retail industry prepares to step out of the antitrust spotlight under Trump

Article
Nov 14, 2024

Retailers prepare for looser antitrust scrutiny under Trump: The environment is likely to be more favorable for blockbuster mergers like the Kroger-Albertsons deal.

CVS, 7-Eleven hop on the in-store retail media bandwagon

CVS, 7-Eleven hop on the in-store retail media bandwagon

Article
Nov 13, 2024

Instacart, CVS, 7-Eleven see opportunity in in-store retail media: All three expanded ad capabilities in response to surging advertiser demand.

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Economic uncertainty takes its toll on global luxury sales

Economic uncertainty takes its toll on global luxury sales

Article
Nov 13, 2024

Global personal luxury sales will contract this year: That will be the first decline since the Great Recession as weak spending in China weighs on the broader market.

Just Eat Takeaway sells Grubhub to Wonder at a 90% loss

Just Eat Takeaway sells Grubhub to Wonder at a 90% loss

Article
Nov 13, 2024

Wonder buys Grubhub for $650 million: The Marc Lore-owned company snapped up the delivery service at a steep discount, seeking to develop a meal-time super app.

Sweetgreen, Cava trend in opposite directions

Article
Nov 13, 2024

Cava’s brand positioning resonates with consumers: It stands in stark contrast with Sweetgreen, which is adding new proteins and testing fries to broaden its appeal.

Amazon’s faster delivery speeds are resonating with customers

Amazon’s faster delivery speeds are resonating with customers

Article
Nov 12, 2024

Amazon is on a never-ending mission to speed up delivery: The retailer’s latest initiatives, including smart glasses and streamlined grocery fulfillment, will help cut costs and encourage shoppers to order more—and more often.

Home Depot’s Q3 sales buoyed by severe weather and warmer-than-expected temperatures

Article
Nov 12, 2024

Home Depot’s sales rose 6.6% in Q3: Those better-than-expected results stemmed from severe weather and warm temperatures in many parts of the US boosting demand.

Paris Olympics boosted On’s brand awareness

Article
Nov 12, 2024

On Holdings’s sales jumped 34% in Q3: The upstart’s efforts to boost brand awareness gave lucrative direct-to-consumer sales a lift.

Singles Day data paints a murky picture of consumer demand in China

Article
Nov 12, 2024

Alibaba and JD.com tout Singles Day successes, but the data is murky: While transactions rose 27% YoY, the sale was 10 days longer than last year, making it an uncertain gauge of consumer sentiment.

Trump’s tariffs threaten luxury sales in the US and China

Trump’s tariffs threaten luxury sales in the US and China

Article
Nov 08, 2024

Trump’s proposed tariffs could add to luxury’s troubles: The move would curb US consumers’ buying power and potentially dampen Chinese consumer sentiment further.

Upbeat forecasts from Airbnb, Expedia, and Booking signal strong travel demand

Upbeat forecasts from Airbnb, Expedia, and Booking signal strong travel demand

Article
Nov 08, 2024

Leisure travel demand ticks up ahead of the holiday season: Airbnb, Expedia, and Booking expect reservations to accelerate in Q4.

Mercado Libre invests in customer experience, logistics, and technology to drive online sales

Mercado Libre invests in customer experience, logistics, and technology to drive online sales

Article
Nov 07, 2024

Mercado Libre is bullish about growth opportunities: The ecommerce giant is making massive investments to extend its dominance of the Latin American market.

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