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That drove the retailer to expand its retail media channels to ensure it can serve a diverse array of business goals that include raising awareness, launching a new product, driving traffic, and boosting sales.

Lowe鈥檚 joins Home Depot in warning of sales pressure amid difficult market conditions: The home improvement retailer lowered its FY sales forecast as skyrocketing prices, limited supply, and high borrowing costs weigh on the housing market.

The shift is also likely to increase the amount of inventory available for sale, thereby making ThredUp more attractive to buyers. The big takeaway: The macroeconomic environment has not been kind to ThredUp. The marketplace struggled to acquire customers in the first half of the year, and had to resort to aggressive discounts to convince shoppers to open their wallets.

In Germany, online fashion sales will grow 2.9%, behind the country鈥檚 overall ecommerce growth of 4.0%. Amazon continues to dominate ecommerce. Amazon is still the top ecommerce retailer in Western Europe鈥檚 three biggest markets.

Ecommerce sales in India, which is soon expected to become the most populous nation, are growing at one of the fastest rates in the world. But brick-and-mortar will still dominate the retail sector for the foreseeable future鈥攚e estimate that online sales will account for only 10.0% of total retail by 2027.

Nordstrom, Kohl鈥檚 look to brand partnerships to boost sales: While Nordstrom turns to buzzy companies like Savage X Fenty to attract younger shoppers, Kohl鈥檚 takes a kitchen-sink approach.

Can Rufus transform how shoppers navigate Amazon? The genAI-powered tool creates a more engaging experience that could drive consumers to the retail giant for advice and inspiration.

The sale evolved into a 48-hour event in 2019 before sprawling out even further with Amazon鈥檚 rollout of 鈥渆arly deals.鈥�. Prime Day has grown into one of the most important events in the retail calendar for Amazon; we expect this year鈥檚 Prime Day event will generate $13.41 billion in global sales for Amazon, up 6.8% from 2023.

Likewise, Amazon CEO Andy Jassy noted that customers are 鈥渢rading down on price when they can and seeking out deals鈥濃�攁 trend the retailer is hoping to capitalize on with a series of category-specific sales events, including Pet Day, Gaming Week, and its latest offering, the Amazon Book Sale.

Amazon faces a significant legal challenge: A FTC lawsuit that alleges Amazon illegally maintains monopoly power could force the retail giant to fundamentally alter its business practices.

Clinique is the latest prestige beauty brand to make the leap to Amazon: The partnership signals the retailer鈥檚 growing clout. It鈥檚 set to overtake Walmart as the US鈥� top beauty retailer by 2025.

Are millennials pulling away from Amazon? While they were the one demographic group whose Prime Day spending dropped year over year, they continued to spend on other retailers鈥� sites.

The news: Best Buy is taking steps to compel shoppers to buy computers, TVs, and other consumer electronics from it rather than its broad array of online and offline competitors that includes Amazon, Costco, and Walmart.

Amazon had another record Prime Day: While shoppers spent enthusiastically, their price consciousness was on full display as BNPL usage, comparison shopping increased.

Amazon. Amazon鈥檚 first-ever Big Spring Sale, open to all customers including non-Prime members, took place March 20-25, in an effort to boost sales on seasonal items and fuel its ad business. What鈥檚 interesting:. Amazon鈥檚 new shopping event goes head-to-head with similar Lowe鈥檚 and Home Depot promotions, which align with their busiest season for home improvement and furnishing sales.

Amazon takes on social media influencers鈥� product testimonials: If influencers don鈥檛 disclose their relationships with sellers, those merchants could find themselves suspended from the platform.

On today's episode, we discuss how we should feel about Amazon's online sales being flat, how its ad business was able to have such a good quarter, and why the company has yet to find a mass grocery format worth expanding. "In Other News," we talk about how Pinterest has been doing and just how popular self-checkout is. Tune in to the discussion with our analyst Blake Droesch.

On today's podcast episode, we discuss how the Apple monopoly trial could change the smartphone market, whether Aldi can take on Walmart, if gambling ads will get banned, the impact of Amazon's "Big Spring Sale," how seriously we should be taking drone delivery, where the happiest people in the world live, and more. Tune in to the discussion with our analyst Blake Droesch and vice presidents of content Suzy Davidkhanian and Paul Verna.

On the other hand: Amazon is bulking up its fulfillment services, too. The ecommerce giant has relaunched its ground shipping service, Amazon Shipping, and reopened its Seller Fulfilled Prime program, which allows merchants to use logistic services other than Amazon鈥檚 own to deliver goods.

On today's episode, we discuss how this year's Amazon Prime Day will be different, how competitors can maximize the sales holiday's impact, and an uncanny link between Prime Day and the end-of-year holiday season. "In Other News," we talk about the significance of NBCUniversal and Walmart Connect bringing targeted ads to live sports and Amazon's AI initiatives. Tune in to the discussion with our vice president and analyst Andrew Lipsman.