L’Oreal Outperforms in US, Europe
Good news for dropshippers as L'Oreal reported a 13% increase in first-quarter revenue, exceeding expectations thanks to robust business in the US and Europe as shoppers brushed...
US Retail Sales Indicate Economic Strength
Following the disproportionate increase in January, U.S. retail sales decreased somewhat in February. Still, the underlying momentum remained robust, indicating that the economy expanded in the first...
Retailers to Spend More on Social Media in 2024
Nearly three-quarters (72%) of retail marketers worldwide intend to boost their advertising expenditure on social channels, according to a November 2023 survey by TechValidate and cited by...
Shoppable Media Enables Marketers Monetize Live Events
Almost half of all US adults who have purchased through shoppable commerce did so via social media, according to EMarketer's Bizrate Insights' February 2024 poll.
Paramount tested a...
Amazon Dominates June Traffic: Most-Visited Digital Retailer
In June 2024, Amazon led the US digital retail landscape, drawing an impressive 236.9 million unique visitors, according to Comscore.
This figure far surpassed Walmart, which ranked...
TikTok’s Universal Music Group Dispute is Harming Viral Trends
As a result of TikTok failing to reach an agreement to renew licensing rights with Universal Music Group last week, the removal of its songs has drastically...
Strong US Retail Sales Boost First-Quarter Growth
Retail sales in the United States climbed more than predicted in March, owing to a jump in e-commerce revenues. This demonstrated that the economy concluded the first...
Questions over Amazon’s future growth
Amazon is undergoing its largest leadership change since its founding, raising new questions about its continued growth, according to a report by Insider Intelligence/eMarketer.
The E-commerce giant had strong...
Shopify Struggles to Get its Fulfillment Network Functioning
Shopify President Harley Finkelstein sought to calm investors as the stock dropped Friday to a two-year low.
Bloomberg reported that the Canadian company's shares have decreased by 22%...
TikTok to gain 1.5 billion users by next year
TikTok may reach 1.5 billion monthly users within the next year, according to data from App Annie's 2022 Mobile Forecast report.
This number is higher than Instagram, with...
