According to a report by Stocklytics, worldwide downloads of the app-based marketplace platform Temu jumped 42% to 55 million year over year in August, a total three times higher than was the case for Amazon, with consumers in the United States responsible for a major...
The upcoming holiday presents challenges for retailers fighting it out through a shopping period with the fewest number of days between Thanksgiving and Christmas since 2019 and with 43% of consumers carrying more debt than they held in 2023. Data from the Salesforce...
Among worldwide banners in a Kantar study of brand value, Amazon came in as the leading retailer, and The Home Depot beat out Walmart to complete the top three retailers. In the Kantar BrandZ Most Valuable Global Brands Report 2024, Costco and Lowe’s followed to fill...
Temu, as one of many online retail targets for fraudsters, has joined the Anti-Phishing Working Group, a global coalition committed to fighting identity theft and online fraud. Founded in 2003, APWG includes leading tech companies, financial institutions, top...
Market researcher Numerator, in its Visions ‘24 report based on emergent trends, identified four dynamics likely to have a significant impact on retail as consumers confront uncertainty by establishing new priorities. Numerator identifies those driving forces as...
