Retail sales

Affirm Updates BNPL App Ahead of Holiday Shopping Season
Affirm Updates BNPL App Ahead of Holiday Shopping Season
October 30, 2024  |  Buy Now Pay Later

Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now...

READ MORE >
New Apple Intelligence Tools Aim at eCommerce
New Apple Intelligence Tools Aim at eCommerce
October 28, 2024  |  artificial intelligence

Apple’s launch of its artificial intelligence features on Monday (Oct. 28) marks more than just an upgrade to Siri. Industry experts say it could reshape...

READ MORE >
Back-to-School Shopping Drives Consumer Spending Surge in September
Back-to-School Shopping Drives Consumer Spending Surge in September
October 17, 2024  |  Economy

September’s retail sales data showed a (slight) acceleration of spending from August, though we’re well off past peaks. And speaking of past peaks — looking...

READ MORE >
LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
October 15, 2024  |  Retail

LVMH saw quarterly sales dip amid an “uncertain economic and geopolitical environment.” The luxury retail giant reported third-quarter earnings that showed a 3% drop in...

READ MORE >
Online Sales Bump August Retail Spending Higher
Online Sales Bump August Retail Spending Higher
September 17, 2024  |  Economy

Consumers are still spending, but the pace — at least as detailed in the latest retail sales report from the Census Bureau for August —...

READ MORE >
Retail Sales Preview: Will July’s Consumer Spending Momentum Continue?
Retail Sales Preview: Will July’s Consumer Spending Momentum Continue?
September 16, 2024  |  Consumer Insights

On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to...

READ MORE >
Target’s 100K-Worker Holiday Hiring Plans Stick to 2023 Levels
Target’s 100K-Worker Holiday Hiring Plans Stick to 2023 Levels
September 16, 2024  |  Retail

Target says it aims to hire roughly 100,000 workers for the holiday shopping season. The retailer’s plans, announced Monday (Sept. 16), are in line with last year’s hiring levels,...

READ MORE >
Mytheresa Leans into Digital Experiences and Global Events
Mytheresa Leans into Digital Experiences and Global Events
September 12, 2024  |  Earnings

For Mytheresa CEO Michael Kliger, there was no doubt about his company’s performance during the fourth quarter and fiscal year. “We clearly see ourselves as a...

READ MORE >
Apple Unveils iPhone 16 and Touts AI Features
Apple Unveils iPhone 16 and Touts AI Features
September 09, 2024  |  Apple

Apple is trying to shake up the AI and smartphone landscapes with its new iPhone 16 lineup and a cautious rollout of Apple Intelligence, a...

READ MORE >