And as the holiday season approaches, Shopify can use POS Go to capture more sales volume. US holiday retail sales are expected to hit $1.262 trillion this year, up from $1.221 trillion in 2021, per our forecasts. Related content: Check out our “Small-Business Payment Disruptors” report to learn more about tactics merchant services providers are using to appeal to small businesses.
Article
| Sep 29, 2022
Macy’s is bringing Toys R Us-branded shops to all of its US stores to help it attract more dollars this holiday season. Sustained interest from US retailers could help Mattel and Hasbro mitigate the effects of a strong dollar.
Article
| Jul 25, 2022
Secondly, consumers are shopping earlier and shopping windows are expanding so it's similar to the holiday season. Nearly a third of shoppers planned to shop between late June and early July, meaning a lot are done. Gen Z is a little bit different as their shopping will peak in August.
Article
| Jul 22, 2022
And during last year’s holiday season, Block let users gift each other Bitcoin. The Cash App services align with other Block initiatives. Block is working on a crypto hardware wallet meant to give users greater control over how they store and spend their cryptos. The firm also helped launch the Crypto Council for Innovation (CCI) to “inform and encourage responsible crypto-related public policy.”.
Article
| Apr 11, 2022
Last year for the holiday shopping season, we launched the program for shoppers to see the links to loyalty programs at the start of their shopping journey. II: What challenges do retailers and merchants have when implementing Google Payments? BR: A lot of these finance options are from different players who are competing with one another.
Article
| Feb 3, 2022
By the numbers: Visa and Mastercard reported strong end-of-year earnings buoyed by holiday sales, but both noted that the spike in COVID-19 cases caused by the omicron variant led to uneven global growth in the quarter. Visa’s payments volume increased 20% year over year (YoY) in its fiscal Q1 2022 (ended December 31). Growth outpaced the previous quarter, its fiscal Q1 2021, and fiscal Q1 2020.
Article
| Jan 31, 2022
As the holiday season approaches, Affirm’s Amazon and Walmart partnerships could prove lucrative. The Walmart tie-up, which began in 2019, could help Affirm drive GMV growth: Walmart’s US ecommerce sales are expected to surpass $60 billion this year, per eMarketer forecasts from Insider Intelligence.
Article
| Nov 15, 2021
Klarna’s partnerships can help it prepare for the lucrative holiday shopping season: This year, US holiday retail sales are expected to hit $1.092 trillion, per eMarketer forecasts from Insider Intelligence. And the majority of this volume (81.1%) will occur in-store.
Article
| Oct 11, 2021
The retailer’s decision to add a second Prime sale to the calendar gave it an opportunity to capture a larger portion of holiday sales and get rid of inventory, despite lackluster results. More advertisers are turning to Amazon’s retail media network to circumvent Apple’s privacy changes and get closer to shoppers.
Article
| Oct 28, 2022
Average household spend is also expected to surpass $200 for the first time due to higher prices and an earlier holiday shopping season. The opportunity: While Amazon has traditionally used Prime Day to highlight its own consumer electronics products, the retailer has an opportunity to grow market share in other categories, particularly grocery and home goods, as shoppers wait for sales to stock up.
Article
| Oct 10, 2022
The news cycle slowed for a while as much of the business world took a break over the holiday season. But it didn’t stop entirely. Here are a few useful things to know about that you may have missed:.
Article
| Jan 4, 2023
Article: The holiday season provides a brief reprieve from the ad downturn.
Article
| Nov 28, 2022
Amazon’s Prime model is under scrutiny: The retail giant faces a FTC lawsuit that could threaten its positioning as the ‘Earth's most customer-centric company.’
Article
| Jun 21, 2023
Indoor mall foot traffic was down 14.2% compared with the last pre-pandemic holiday season, while outlet malls declined 17.8%, and open-air lifestyle centers dipped 11.7%. Those shifting patterns are why retailers are aggressively seeking to “rightsize” their store counts. Macy’s, for example, is closing about 125 Macy’s stores and expanding its smaller format, off-mall stores.
Article
| Dec 16, 2022
Recent coverage includes retail media networks, direct-to-consumer brands, social commerce, mobile retail apps, holiday shopping, and Amazon Prime Day. Jennifer Presser-Kroll (she/her) is a retail partnerships lead on Google's Commerce Partnerships team, which delivers financial and strategic value to commerce companies by helping them grow and scale ad revenues across their properties.
Video
| Jan 8, 2022
How we got here: Both card networks likely benefited from strong travel spending and holiday shopping in Q4. Domestic flights increased 84% YoY in Q4, according to Emburse data. And international flights surged a whopping 998% YoY as consumers released pent-up travel demand and countries relaxed COVID-19 travel restrictions.
Article
| Jan 31, 2023
Holiday shopping. Issuers also benefited from strong holiday spending throughout Q4. US holiday retail and ecommerce sales reached $1.297 trillion last year, according to Insider Intelligence forecasts. Looking ahead: Economic headwinds coupled with an elevated reliance on credit cards among consumers may increase the risk of missed payments and delinquencies.
Article
| Jan 17, 2023
Gaming has had a strong holiday season already. Its future could be even brighter. Final thoughts: Between rapidly improving tech and massive mergers, gaming is changing. Even if you’re not game for gaming advertising right now, keep an eye on how VR and AI ventures open up new ad opportunities, especially for reaching young people. This was originally featured in the eMarketer Daily newsletter.
Article
| Dec 13, 2022
Holiday shopping: Another 40% of US consumers plan to pay for gifts using BNPL, per a Bluedot survey. And almost half of Gen Z shoppers (48%) said they planned to use BNPL over the holidays. Why it could work: By 2026, almost 40% of US internet users will use BNPL, per Insider Intelligence forecasts—a surge in popularity echoed worldwide.
Article
| Oct 14, 2022
The uncertain economic climate could water down iRobot’s value and stall any new product releases or updates heading into the busy fall and holiday season. The bigger picture: The FTC is investigating high-profile Big Tech moves that it thinks it has a high probability of enforcing.
Article
| Sep 13, 2022
The news: The global supply chain is in its best position in several years, which means the array of challenges that emerged last holiday season will be less of a factor for many retailers in Q4.
Article
| Aug 19, 2022
Apple, like many Big Tech companies, is preparing for its busiest and most profitable quarters, punctuated by a string of product releases and culminating in the holiday shopping season, requiring all hands on deck.
Article
| Aug 17, 2022
Typically, delinquencies peak in January following the holiday season, but this year, the delinquency rate rose through February. But delinquency rates are still well below pre-pandemic levels, per Autonomous Research. This trend may not be an immediate cause for concern among issuers—it may simply reflect a return to pre-pandemic norms.
Article
| Apr 15, 2022
She pointed to a series the retailer did on cooking with BuzzFeed and a holiday shopping experience with NBCUniversal. Livestream has a “fear of missing out” (FOMO) factor that normal video content does not.
Article
| Apr 11, 2023
Marketplace growth, direct selling strategies for CPG brands, and retail marketing expectations for the 2023 holiday season. Join over 100,000 subscribers and start leveraging our trusted analysts research and data. Learn more about how to save time and get by and faster at insiderintelligence.com. Hello, listeners. Today is Wednesday, August 16th.
Audio
| Aug 16, 2023