As businesses look beyond traditional marketing channels to reach and influence consumers, one surprising player that has emerged is LinkedIn, with merchants extending the platform beyond B2B into B2C. Amazon, for instance, has garnered a…
Ultra-low-cost e-commerce giants Shein and Temu have only recently been confirmed as subject to centralized enforcement of the strictest layer of the European Union’s digital services regulation, the Digital Services Act (DSA), but on…
The prestigious Cannes Lions Festival recently saw a historic win for Loewe, the Spanish luxury fashion house, as it claimed the Grand Prix at the inaugural Luxury & Lifestyle Lions.
With consumers unwilling to trust eCommerce channels to complete their car-buying journeys, the online auto sales industry is seeing shifts. For instance, Bloomberg reported this week that private equity firm Thoma Bravo is looking into…
Even though inflation has slowed significantly, consumers still feeling the financial squeeze are opting for takeout, value meals and happy hour deals.
The consumer showed up with caution in May, but a low inflation rate added some fuel to the arguments for an interest rate cut. Those were the mixed messages sent from the Bureau of Economic Analysis report released Friday (June 28) on…
Consumers were slightly more optimistic about the economy at the end of June, but the effects of high inflation in the past few years still weighed on their minds.
Get latest articles and stories on Latest News at LatestLY. Diversified conglomerate ITC has said consumer spending on the company's FMCG products has increased 12 per cent to nearly Rs 32,500 crore in FY24 with over 25 crore households…
Inflation took a breather in May, cooling to its lowest annual rate in over three years, according to key data eyed by the Federal Reserve. The core personal consumption expenditures price index, which excludes food and energy prices,…
Finance cost of major consumer goods companies listed on the NGX increased by over 1,400% in the first quarter of 2024 when compared to the corresponding period of 2023.
As inflation lingers, shoppers flock to discounters like TJX Group, while department stores struggle. Consumers keep spending, but the future feels uncertain for many.
Personal income grew 0.5% month-on-month (m/m) in May, up from April’s 0.3% gain, and ahead of market expectations (0.4%). Accounting for inflation and taxes, real personal disposable was also up 0.5% m/m in May, relative to a flat reading…
Standard pre-roll sales accounted for $10.91 million, a 6.3% rise, while infused pre-rolls generated $13.28 million, up by 2.6%. RollPros' latest Colorado Pre-Roll Market Report reveals a significant growth trend in the pre-roll segment,…
The in-app subscription market continues to grow, according to a new report, despite increasing consumer fatigue with the trend to turn everything into a recurring payment. Surprisingly, the most common subscription model is reportedly now…