Macy’s Forecasts Lower Annual Sales, will Close 150 Stores
Macy's estimated yearly revenues below market expectations due to lackluster demand for its apparel and shoes, and it announced plans to eliminate 150 locations by 2026 as...
Crypto Payments Are Still Not Mainstream
Only 2.3% of US internet users use cryptocurrencies, despite the astounding growth of cryptocurrency payments by US adults.
According to data by Insider Intelligence/eMarketer, 5.5 million US adults...
As Expected, Retail Sales in Europe Fell in December
According to figures from the European Union's statistics office Eurostat, retail sales in the eurozone declined in December broadly in line with predictions, highlighting the weakness in...
US E-Commerce Ad Spend Predicted to Continue Strong Growth through 2027
Digital retail media is expected to have an annual spending increase of more than 19% through 2027, according to a forecast by Insider Intelligence/eMarketer.
The graph shows retail...
TikTok lengthens video length to 10 minutes
TikTok is lengthening its videos to 10 minutes, which appears to be a challenge to YouTube.
According to a report by The Verge, TikTok announced on Monday that...
Most Americans have never heard of or are Pessimistic Toward the Metaverse
Only 25% of Americans aged 13 to 34 are enthusiastic about the metaverse.
According to a report by Insider Intelligence/eMarketer, there are far more people who either have...
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...
Some Helpful New Features are Coming to YouTube, but You Can’t Get Them Yet
Google is now experimenting with automatic transcription, dubbing, and translation for YouTube videos, according to a report by Android Police.
At its annual Google for India conference, the...
Shopify Increases Prices
In 2023, the economic environment has undergone a tremendous transformation, stated Shopify in an email to customers on Tuesday.
"Today, we're making some adjustments to reflect some of...
By 2025, Gen Z will have More Digital Buyers in the US than Gen...
By 2023, Gen Z will account for 20% of the US population, with approximately 40 million adults.
According to Insider Intelligence/eMarketer data, Gen Z adults comprise 58%...
