Today in Data, an overwhelming number of grocery shoppers still prefer to go to the supermarket themselves. Plus, Procter & Gamble is using what it calls “constructive disruption” amid rising prices because of ongoing inflation, and retailers are trying out discounts and no-return policies to...
Direct-to-consumer (D2C) brands are using commercial claim center delivery to cut costs and eliminate porch pirates. Plus, grocery and pharmacy shoppers are willing to switch to get more digital options, and Kohl’s gets blasted by activist investor for slumping stock price amid wasted year for...
Today in Data, global merchants are pushing to enhance their ability to collect localized payments from shoppers. Plus, retail consumers have an appetite to spend and plan to spend big in 2022, and retailers are using “reckless experimentation” to accelerate their digital transformation. Data 70%: Share...
Today in Data, December retail sales slumped as the omicron variant surged across the U.S. and around the world. Plus, fraudsters becoming increasingly frustrated by use of data to control it, and all the latest news from Amazon and Walmart. Data 1.9%: Drop in retail...
Today in Data, discount retailers are thriving because they make shopping fun, and Sneaker reseller StockX gets closer to going public amid a rise in reCommerce popularity. Plus, Louis Vuitton, Prada and Cartier embrace blockchain to authenticate their products. Data $40B: eBay’s market value 150,000+:...
As customers push merchants for more, merchants say PSPs must do more for them. Plus, General Motors crashes the secondhand vehicle party with its CarBravo unit, and data sharing and analytics make for a massive shift in the retail sector. Data 3,800: Number of General...
Today in Data, retailers are looking to define and employ sustainability principles in their futures. Plus, shoppers are leaning more often toward using their debit cards for holiday shopping — and other purchases — and Abercrombie and Lululemon both say their holiday sales were sluggish,...
Retailers are caught flat-footed for what’s expected to be a record return season. Plus, a collaboration between Yeezy, Gap and Balenciaga bodes well for retail-designer partnerships, and Karen Webster shares her thoughts on 10 things that will define digital transformation in 2022. Data $1B; 10:...
Several products launched at this week’s Consumer Electronics Show in Las Vegas could play important roles in the payments industry. Plus, GameStop jumps into the non-fungible token (NFT) space with both feet, and all the latest news from Amazon and Walmart. Data 60: Number of...
