Retail & ecommerce briefing Trends & Statistics

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Shein’s revenue growth slowed in 2024

Shein’s revenue growth slowed in 2024

Article
Oct 23, 2024

Competition from Temu caused Shein’s revenue growth to slow in H1 2024: The fast-fashion retailer faces a challenging path ahead as regulatory scrutiny and a highly competitive environment threaten its IPO chances.

Starbucks’ Q4 sales fall sharply as company’s struggles deepen

Article
Oct 23, 2024

Starbucks CEO Brian Niccol emphasizes need for fundamental strategic overhaul amid sales slide: The company’s US comparable transactions fell 10% YoY in Q4 as promotions and new products failed to win over customers.

The return of Toys R Us and Bed Bath & Beyond stores demonstrates physical retail’s enduring allure

Article
Oct 23, 2024

Toys R Us and Bed Bath & Beyond expand their physical presences: Brick-and-mortar stores serve as three-dimensional billboards that drive awareness and sales, but success is far from guaranteed.

Wayfair, Amazon generated big lifts from their October sales events

Article
Oct 23, 2024

Wayfair, Amazon’s October sales events delivered outsize results: The home furnishings retailer’s sales were up nearly 46% compared with the prior 4-week average, while Amazon’s sale drove a 26% lift.

Amazon hopes to undercut Temu with rock-bottom prices

Article
Oct 22, 2024

Amazon caps prices for its low-cost marketplace at $20: The move should help broaden its appeal with price-sensitive shoppers.

Companies turn to “swicy” foods to woo Gen Z consumers

Companies turn to “swicy” foods to woo Gen Z consumers

Article
Oct 22, 2024

Restaurants, food brands adapt to Gen Z tastes with “swicy,” diverse product offerings: Companies ranging from PepsiCo to Starbucks are looking to capitalize on younger consumers’ desire for dining out and grocery treats.

McDonald’s franchisees make it difficult for the company to steer clear of politics

Article
Oct 22, 2024

McDonald’s doesn’t want to be political: But franchisees in the US and Israel have put the brand in political hot water.

Amazon tries multiple paths to finally crack the grocery code

Amazon tries multiple paths to finally crack the grocery code

Article
Oct 21, 2024

Amazon tests yet another grocery format: Amazon Grocery, which is located next to a Whole Foods Market, aims to fill the hole left by the sister brand’s restrictions on certain ingredients.

Dollar General’s Popshelf switches gears to woo higher-income customers

Article
Oct 21, 2024

Dollar General’s Popshelf format announces app, loyalty, and store updates to attract wealthier shoppers: The retailer will also close all locations in DG Market stores after the assortment failed to win over the dollar store’s core customer base.

Ghost, a private B2B marketplace for surplus inventory, raises $40 million

Article
Oct 21, 2024

Ghost eyes an opportunity helping brands move surplus goods: The private B2B marketplace aims to address market inefficiencies by connecting brands with buyers of surplus and goods online.

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Lululemon stays bullish on China despite economic headwinds

Lululemon stays bullish on China despite economic headwinds

Article
Oct 21, 2024

Lululemon sees untapped potential in China’s smaller cities: The athleisure brand sees considerable growth opportunities as demand for health- and wellness-related products surges.

Amazon, Temu, Shein could face EU crackdown over unsafe toy sales

Article
Oct 18, 2024

Amazon, Temu, and other marketplaces sold toys that failed EU safety standards, investigation finds: That could open the retailers up to stricter regulatory oversight.

Nestlé feels the pinch from budget-conscious shoppers while P&G holds firm on pricing

Nestlé feels the pinch from budget-conscious shoppers while P&G holds firm on pricing

Article
Oct 18, 2024

Nestlé and P&G have diverging views of the US consumer: While P&G’s customers are happy to shell out for premium, effective products, Nestlé is losing ground to private labels.

UK retail sales rose in September thanks to discretionary spending recovery

Article
Oct 18, 2024

UK retail sales rose unexpectedly in September, thanks to the new iPhone and Oasis: Back-to-school shopping and entertainment spending boosted demand for non-essential items, although poor weather and consumer caution dented supermarket sales.

September’s strong retail sales report bodes well for the holiday season

September’s strong retail sales report bodes well for the holiday season

Article
Oct 17, 2024

September’s strong retail sales report underscores consumers’ resilience: Spending remains solid as higher-income households’ strength makes up for lower-income shoppers’ price-sensitive behaviors.

Starbucks struggles to overcome staffing issues

Article
Oct 17, 2024

Starbucks’ staffing shortages pose challenge for new CEO Brian Niccol: Just one-third of workers believe stores are sufficiently staffed, hurting employee satisfaction and the customer experience.

TikTok Shop turns to livestreaming to maintain momentum

Article
Oct 17, 2024

TikTok Shop doubles down on livestreaming as ecommerce sales grow: The platform sees an opportunity to grow order frequency and drive more impulse purchases.

Adidas raises guidance for third time this year

Article
Oct 16, 2024

Adidas can’t keep up with demand: The company’s hot streak contrasts sharply with Nike’s challenges.

Bed Bath & Beyond returns to stores with The Container Store partnership

Article
Oct 16, 2024

Beyond tests brick-and-mortar retail with The Container Store partnership: The retailer will invest $40 million in the struggling home goods retailer to bring Bed Bath & Beyond products back to stores, and expand The Container Store’s reach.

Target teams with Taylor Swift to offer exclusive products that will be available on Black Friday

Article
Oct 16, 2024

Target scores a major get for Black Friday: The retailer will be the exclusive merchant selling a “Taylor Swift | The Eras Tour Book” and “The Tortured Poets Department: The Anthology.”

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