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In addition, TJX reported higher-than-expected Q1 earnings and plans to continue capitalizing on price-sensitive shoppers with another 1,300 new stores in the US, Canada, Europe, and Australia. Listen to the full episode. This was originally featured in the Retail Daily newsletter. For more retail insights, statistics, and trends, subscribe here.

Google and Meta banned news content in Canada in response to bills requiring them to pay publishers for content (though Google also has a $100 million deal with the New York Times). Recent issues with Google ad placements suggest the company is struggling to manage its own scale.

Forty-nine percent of US and Canadian companies believe their organizations have benefited from faster payments, per an AFP study. That number shoots up to 92% globally. Instant Payouts lets providers offer cheaper instant disbursements. This makes Plaid鈥檚 Transfer product more appealing to businesses, which can help its retention rate and bring in more payments volume.

Governments of the US, Canada, Belgium, India, the UK, the European Commission, and France have banned TikTok from government devices over data privacy and national security concerns. Separating TikTok from ByteDance by selling it to a trusted entity, which was attempted in the past, would reduce the mounting global scrutiny and remove barriers to growth.

Over the past few years, Walmart has opened its marketplace to international merchants from China, Canada, Japan, and the UK, according to our US Retail Ecommerce Marketplaces Forecast 2023 report. Now, the marketplace offers around 400 million SKUs from marketplace sellers, up from 75 million pre-pandemic, per our report.

Meta pulled a similar maneuver in Canada when it banned news during a historic wildfire, drawing criticism from regulators鈥攂ut that was because of a clash over new legislation.

Sentiment is souring on TikTok: Governments of the US, Canada, Belgium, India, the UK, the European Commission, and France have banned TikTok from government devices over data privacy and national security concerns. Half of Americans support a US government ban on TikTok, while 22% oppose the idea and more than a quarter are unsure, per a study by Pew Research Center.

Even relative to a neighboring country like Canada, it's like an hour more per day spending time with TV in the US than it would be in Canada. And that gap, especially if you compare that US number of TV consumption to other regions, that gap gets even larger. So it's a finding that we see every year. It speaks to the variety of content that's available to US consumers. And you know what?

JPMorgan won this ranking, followed by Royal Bank of Canada (RBC). AI talent wars: Capital One and JPMorgan both secured a significant mass of AI-related talent relative to their total number of employees鈥攕omething FIs will need to prioritize if they want to keep up. Staff with AI talent know they鈥檙e in high demand. For every three AI hires in the financial sector, FIs lose two.

Since then, Shein has hosted several other pop-ups across the US and Canada. The brand鈥檚 three-day event at the Woodfield Mall in Illinois last December resulted in similar mall traffic as Super Saturday (the Saturday before Christmas), per a Placer.ai report.

Prime Video ads will start out in the US, the UK, Germany, and Canada in early 2024, then expand to France, Italy, Spain, Mexico, and Australia later in the year, according to a company statement. As Amazon expands Prime Video ads, these markets will offer even more opportunities for advertising. 4. Other platforms have had success introducing ads.

And like Walmart, Loblaw sees an opportunity in audio advertising: The Canadian grocer will bring in-store audio ads to nearly 300 locations thanks to a newly announced partnership with Stingray Advertising.

One Canadian startup called Frate, for example, does peer-to-peer returns which aim to make the returns process more sustainable. It鈥檚 these new angles on retail pain points that are always fun to see at the event. Hear more from other retail executives in this roundup made possible by Roundel. This was originally featured in the eMarketer Daily newsletter.

Affirm previously only operated in the US and Canada. Why this matters: The UK is a large expansion opportunity for Affirm. More than one-quarter (27%) of UK adults鈥攁bout 14 million people鈥攗sed BNPL at least once in the last six months of 2022, per data from the UK鈥檚 Financial Conduct Authority (FCA).

Respondents were from Argentina, Australia, Austria, Brazil, Canada, China, Czech Republic, France, Germany, India, Italy, Malaysia, Morocco, Netherlands, Nigeria, Poland, South Africa, Spain, Sweden, Thailand, Turkey, UAE, UK, and US.

Methodology: Data is from the November 2023 Bain and Aptos report titled "The State of Unified Commerce." 394 retail executives in Canada, the UK and the US were surveyed during March-April 2023. Respondents are responsible for unified commerce investments at their organizations. Surveyed retailers鈥� annual revenue is no less than $150 million.

The survey was conducted in Australia, Brazil, Canada, China, France, Germany, India, Japan, the Nordics, Mexico, Singapore, South Korea, Taiwan, the UK, and the US.

The company will begin hosting 鈥淶ara Streaming鈥� live shopping shows for shoppers in the US, the UK, Canada, and select European markets 鈥渋n the coming weeks,鈥� CEO 脫scar Garc铆a Maceiras said. Zara will also launch its Pre-Owned platform in the US at the end of October, which will let American shoppers resell, donate, or repair their used garments.

Canadian banks did better, with TD Bank and Royal Bank of Canada both placing sixth and seventh, respectively. By the numbers: Bank rankings are based on total likes, views, and followers on Facebook, X (formerly known as Twitter), YouTube, and Instagram.

And this came to me because when I was in Canada over the weekend, Party City has a whole pop-up partnership situation with Canadian Tire and it is so easy to shop, the signage is there. Party City is globally run. It's over stored in the US. They have too many skews. It's hard to be margin positive. There isn't a lot of reasons why you would go to a Party City unless you're doing a party.

Amazon plans to open more Just Walk Out stores this year than ever before, adding to over 170 third-party locations at airports, stadiums, hospitals, and more in the US, UK, Australia, and Canada. In July, the company also announced updates to Just Walk Out that boosts accuracy even in the face of camera obstructions, poor lighting conditions, and unpredictable shopping behaviors.

Chances to grow: TJX is so bullish about its prospects that it sees a long-term opportunity to add at least 1,300 stores to its global footprint, which includes locations in the US, Canada, Europe, and Australia. The off-price retailer isn鈥檛 alone: Burlington, Ross, and Nordstrom Rack are also in expansion mode as they look to capitalize on shoppers鈥� price-consciousness.

Respondents were based in the US, the UK, Australia, and Canada.