In times of economic uncertainty, it’s essential to foster an environment that both nurtures and challenges employees. In this discussion, Raval shares strategies to nurture a more collaborative, creative culture among employees, and how Frito-Lay is undertaking a digital evolution.
Article
| Mar 27, 2023
Article
| Mar 24, 2023
The recent shocks to the US financial system will undoubtedly create a ripple effect for consumers, with many zoning in on what these banking failures mean for their own bank accounts and whether the current state of banking is viable or trustworthy as it now stands.
Article
| Mar 24, 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.
Article
| Mar 22, 2023
Retail sales rose 6.4% in the first two months of 2023: While growth slowed in February, consumers continued to spend.
Article
| Mar 15, 2023
Target expects a tough year ahead: But there are several reasons why it may navigate slowing retail sales growth better than some of its competitors.
Article
| Feb 28, 2023
Consumers are trading down to private labels: Rising food prices have driven shoppers to look for less expensive alternatives. (This story was written with the assistance of GPT-3).
Article
| Feb 21, 2023
Article
| Feb 15, 2023
Amazon reportedly laid off about 20% of Zappos’ workforce in January: The retail giant is cutting costs at Zappos and elsewhere as it recalibrates for slower growth.
Article
| Feb 13, 2023
That report dovetailed with a report that Bank of America credit and debit card spending per household increased 5.1% YoY in January, compared with a 2.2% YoY rise in December. That report estimates consumer spending based on proprietary Bank of America data.
Article
| Feb 10, 2023
Luxury retailer Saks.com plans to cut around 3.5% of its staff, while sportswear retailer Foot Locker is eliminating “a number Ǵ” corporate and support roles (it did not reveal the number in its SEC filing). Toymaker Hasbro is laying off 15% of its workforce and consumer packaged goods conglomerate Helen of Troy—parent company of brands like Oxo and Vicks—is cutting roughly 10% of its staff.
Article
| Jan 27, 2023
Consumers expect to spend nearly 10% more on Valentine’s Day this year: And nearly one-third plan to give the gift of an experience, the highest share ever.
Article
| Jan 26, 2023
The news: Major US banks are banding together to create a digital wallet in hopes of staving off increasing competition from rivals like ApplePay and PayPal, per The Wall Street Journal. More on this: Large banks including Bank of America, JPMorgan Chase, and Wells Fargo will all offer the digital wallet, which will hold consumers’ debit and credit cards.
Article
| Jan 24, 2023
Despite uncertainty, marketing budgets could be on the rise: Thanks to digital and social challenges, print might benefit more than you’d think.
Article
| Jan 17, 2023
Beware of the ‘retailpocalypse’ narrative: While retailers such as Gap and Macy’s shutter stores, there’s no sign that a broader bust is imminent.
Article
| Jan 11, 2023
Stability and predictability have returned to the global ecommerce market after three years of uncertainty. Digital sales will increase by 8.9% this year and 9.4% next year—exactly the same projections generated in our last forecast. Total retail sales growth will be in the mid single digits.
Article
| Aug 17, 2023
The value of Deutsche Bank shares plummeted on Friday as the price of its credit default swaps spiked. Meanwhile, the news of a probe left UBS and Credit Suisse shares struggling.
Article
| Mar 27, 2023
The gap between H&M and Inditex is getting wider: While Inditex records record profits, H&M veers toward a Q1 operating loss. (This article was written with the assistance of ChatGPT.)
Article
| Mar 16, 2023
Adidas will rely on wholesale to help dig it out of its Yeezy hole: But weak demand from retail partners could delay its comeback.
Article
| Mar 10, 2023
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| Mar 1, 2024
Source: ĢAV
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| Sep 18, 2024
Source: Common Sense; Ipsos Public Affairs
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| Sep 24, 2024
Source: Littler
Search ads and retail media to aid Western Europe advertisers: Economic uncertainty to bolster use of ad channels that can deliver solid returns in 2023.
Article
| Jan 27, 2023
The Chinese economy shows signs of life: While that’s good news for retailers after flat growth last year, many are adopting conservative strategies to protect their bottom lines.
Article
| Jan 30, 2023
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| Nov 27, 2023
Source: Insider Intelligence | eMarketer