Retail & ecommerce briefing Trends & Statistics

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L’Oréal acquires Aesop as shoppers continue to spend big on beauty

L’Oréal acquires Aesop as shoppers continue to spend big on beauty

Article
Apr 05, 2023

L’Oréal’s Aesop purchase is the company’s biggest yet: The beauty giant is spending $2.53 billion to stake a larger claim to the highly profitable luxury skincare category.

Resale volumes will grow more than twice as fast as total US retail sales this year

Resale volumes will grow more than twice as fast as total US retail sales this year

Article
Apr 05, 2023

Secondhand shopping is soaring: We expect resale volumes will grow more than twice as fast as total US retail sales through 2026.

Qurate looks to appeal to younger consumers via its new Sune app

Article
Apr 04, 2023

QVC and HSN’s parent company makes a play for younger consumers: Qurate’s new Sune mobile app features a personalized video feed to drive product discovery.

TikTok is changing the way Gen Zs shop

TikTok is changing the way Gen Zs shop

Article
Apr 04, 2023

Gen Zs are more likely to start their shopping journey on TikTok than Google: They’re also less likely to cut back on discretionary spending, despite inflation.

Sephora partners with Zappos to grow reach

Article
Apr 03, 2023

In an unlikely collaboration, Zappos and Sephora join forces: The partnership gives Sephora access to Zappos’ considerable shopper base, but may benefit the latter more as demand for beauty grows.

Wage law violations in California invite deeper scrutiny into retailers’ labor practices

Wage law violations in California invite deeper scrutiny into retailers’ labor practices

Article
Apr 03, 2023

Scrutiny over labor practices puts Starbucks, Nike, and others in the hot seat: The backlash could force retailers to improve supply chain transparency and worker protections.

Walmart gives its digital storefronts a facelift

Article
Apr 03, 2023

Walmart looks to improve its online shopping experience: The retail giant cut down clutter on its revamped website and app to entice shoppers to browse and buy.

Kohl’s, Michaels, David’s Bridal launch marketplaces

Kohl’s, Michaels, David’s Bridal launch marketplaces

Article
Mar 31, 2023

Kohl’s, Michaels, and others launch third-party marketplaces to boost shopper appeal: At the same time, Wish, Zalando, and Amazon are focusing on improving customer satisfaction and reducing returns.

Consumers and retailers have very different attitudes toward dynamic pricing

Article
Mar 30, 2023

Consumers dislike dynamic pricing: But that hasn’t stopped retailers and restaurants from implementing it to grow profits.

The UK’s mixed retail outlook

The UK’s mixed retail outlook

Article
Mar 29, 2023

British retailers and consumers are feeling more optimistic about the economy: But shoppers’ price sensitivity will continue to weigh on sales growth.

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Pacvue wants to solve retail media’s fragmentation problem

Pacvue wants to solve retail media’s fragmentation problem

Article
Mar 28, 2023

Pacvue expands beyond retail media to offer retailers a holistic ecommerce solution: The goal is to provide some consolidation in a highly fragmented, competitive marketplace.

Pinterest makes Shuffles collages shoppable

Article
Mar 28, 2023

Pinterest tests integrating Shuffles content into the main app, starting with shopping: This move is part of a broader strategy to become a one-stop-shop for visual inspiration and online shopping. (This article was written with the assistance of ChatGPT.)

Retailers find it hard to quit China’s manufacturing

Retailers find it hard to quit China’s manufacturing

Article
Mar 28, 2023

China’s manufacturing expertise is difficult to compete with: That has led some retailers to rethink supply chain diversification even as India, Latin America, and Vietnam gain traction as production hubs.

Instacart, Klarna, Shopify deepen ties with ChatGPT

Article
Mar 27, 2023

ChatGPT’s latest update could turn it into a shopping engine: Instacart, Klarna, and Shopify are experimenting with offering users personalized recommendations.

Consumer spending continues to shift in favor of services

Consumer spending continues to shift in favor of services

Article
Mar 24, 2023

Consumers continue to spend big on restaurants, gym memberships: Despite inflationary pressures, shoppers are willing to invest in affordable luxuries and wellness.

The pet supplies category has been resilient. But Petco and Chewy may see challenges ahead.

Article
Mar 22, 2023

Inflation has hit pet owners hard: Petco and Chewy recognize that many of their customers are pulling back on discretionary spending, which could hinder growth in fiscal 2023.

On Running posts explosive growth as Nike doubles down on D2C

Article
Mar 21, 2023

On Running is bullish after growing sales 91.4% YoY during the holiday quarter: But Nike’s strong Q3 performance underscored its position as the dominant sneaker brand on the market.

Sam’s Club’s retail media platform adds real-time attribution for online and offline sales

Article
Mar 21, 2023

Sam’s Club rolls out closed-loop attribution: Connecting the dots between ads and cross-channel sales should help advertisers be far more efficient with their retail media ad spending.

Chick-fil-A joins Starbucks, Dunkin’ in raising threshold for free rewards

Chick-fil-A joins Starbucks, Dunkin’ in raising threshold for free rewards

Article
Mar 20, 2023

Chick-fil-A risks angering customers by devaluing loyalty program: While Chick-fil-A will require customers to spend more to qualify for perks, Subway leans into value with its Footlong Pass.

China’s sluggish reopening hindered Pinduoduo owner’s growth

Article
Mar 20, 2023

Pinduoduo owner PDD’s growth slowed in Q4: That reflects a sluggish retail landscape in China, which is why the company aims to diversify its revenue streams.

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