Social media influencers have gone from objects of ridicule to important pieces of the retail equation. Plus, some SMBs are finding it tricky to navigate the digital marketplace, and retailers are embracing shoppers’ early focus on holiday gifts. Data: 50%: Approximate share of eCommerce purchases...
Rent the Runway’s subscriber count bounces back from its pandemic-driven decline. Plus, why some retailers are closing stores and finding more success than ever – and Mattress Firm and Guitar Center emerge from pandemic malaise with IPOs. Data: 80K: Approximate number of retail stores that...
Dollar Tree is adding more higher-priced items to its inventory as supply chain costs increase. Plus, B2B subscriptions are a key growth area, and EzFill’s $29 million IPO bodes well for the mobile fuel industry’s future. Data: 64%: Share of consumers who buy more retail...
Name, image and likeness rule changes have left brands scrambling for a piece of the action. Plus, buy now, pay later is “humongously important” for merchants in all verticals, and we have all the latest news from Amazon and Walmart. Data: 68%: Alexa’s share of...
Social commerce is good for brand recognition, but strains inventory levels. Plus, CarMax is fighting car shortages as more consumers explore online vehicle purchases, and Amazon’s plans to expand its Halo product line could lead to a major overhaul in the connected fitness space. Data:...
Transport providers face shipping cost pressures. Plus, Etsy launches a 12-room virtual house to provide crafting inspiration, and Amazon gets deeper into the fashion game with a new ecosystem. Data: 16%; 45%: Amazon’s share of the clothing and apparel market overall and via eCommerce, respectively....
The end of the COVID-19 pandemic seems nowhere in sight, so luxury brands are trying new tactics to get and keep their customers. Plus, retailers keep rolling out subscription services, but many consumers already have more than they need – and Rachael Ray and Walmart...
Visual enhancements could boost the voice commerce market. Plus, supply chain woes could get worse with a new California law, and the fashion and apparel industry sees metaverse as an important part of its growth. Data: 17%: Share of total U.S. imports that come from...
COVID-19 is hampering production for Nike in some parts of the world. Plus, retailers are asking their employees to work more, while the national labor shortage continues. Plus, all the latest news from Amazon and Walmart. Data: 31%: Share of Americans with voice-activated speakers in...
