E-commerce platform BigCommerce has released its Global Consumer Report: Current and Future Shopping Trends, which determined that the metaverse, cryptocurrency and NFTs are poised to have a significant effect on retail and related businesses. Just how that will...
A study of consumers from the United States, United Kingdom, France and Germany from project44, a supply chain visibility platform, suggests that inflation and economic fears will have a significant impact on shopping decisions as the year winds down. In the study,...
In a survey it sponsored in 2021, Coveo found that retailers often failed to meet consumers’ rising e-commerce expectations, and the company didn’t find much difference in 2022. Coveo, a cloud-based relevance platform focused on digital interactions, sponsored a...
Macy’s got dinged by macroeconomic and retail trends in the second quarter even as it topped Wall Street estimates, and now it is working to position itself for a strong holiday season. Macy’s net income in the quarter was $275 million, or 99 cents per diluted...
Home Depot continued to make gains in the second quarter despite changing consumer demand, supply chain complications and a variable macroeconomic environment. Home Depot net earnings were $5.17 billion, or $5.05 per diluted share, compared with net earnings of $4.81...