Retail sales

QVC CEO Aims Social Commerce at Gen Z Parents
QVC CEO Aims Social Commerce at Gen Z Parents
August 08, 2024  |  Retail

Amid merchants’ gold rush for young consumers’ social commerce spending, Qurate Retail is focusing on an often-overlooked demographic: Generation X and baby boomer women on...

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Coupang Prioritizes Deepening Customer Engagement Over Acquisition
Coupang Prioritizes Deepening Customer Engagement Over Acquisition
August 07, 2024  |  Earnings

Around the world, eCommerce companies look to grow their share of consumers’ overall retail spending. For Coupang, the real opportunity lies in boosting current customers’...

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EBay Uses Pay by Bank to Reach New Gen Z Consumers
EBay Uses Pay by Bank to Reach New Gen Z Consumers
August 01, 2024  |  Earnings

As eBay looks to reach Generation Z and millennials, the online marketplace is turning to pay by bank to meet younger customers’ eCommerce expectations. On...

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Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown
Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown
July 29, 2024  |  Retail

Gift card scams are back in the news, with two federal agencies issuing warnings about their proliferation and one state now passing a law aimed...

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Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
July 17, 2024  |  Retail

 Amazon Prime Day’s opening day reportedly generated $7.2 billion in U.S. sales.  That’s according to a report Wednesday (July 17) by Reuters, citing data from...

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Chase to Decline Credit Card Payments for Third-Party BNPL Plans
Chase to Decline Credit Card Payments for Third-Party BNPL Plans
July 17, 2024  |  BNPL

Chase told customers that it will stop allowing its credit cards to be used to pay for third-party buy now, pay later (BNPL) plans. The...

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Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
July 17, 2024  |  Retail

At a time when its competitors were announcing new grocery options by the hundreds, Grubhub appeared to be hanging back. Still, as it enters the...

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Credit Card Retail Payments Fall by 18% Amid Budget Pressures
Credit Card Retail Payments Fall by 18% Amid Budget Pressures
July 16, 2024  |  Credit Cards

As consumers continue to face financial pressures, many are shifting away from credit payments for retail purchases, instead playing it safe with debit. By the...

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China’s Economic Growth Shows Surprise Slowdown
China’s Economic Growth Shows Surprise Slowdown
July 15, 2024  |  International

Economic growth in China reportedly fell to its slowest pace in five quarters. The surprise slowdown came as a decline in consumer spending hamstrung an...

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