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Gen Z’s Message to Merchants: Meet Us in the Metaverse

365 Retail

A new study from FIS ® (NYSE: FIS), shows how the shopping preferences of younger UK consumers have shifted as adoption of embedded finance services reaches mainstream usage among Millennials and Gen Zs, while their older counterparts are less engaged with newer, digitally-oriented financial experiences.

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Consumer spending grew just 4.3 percent in April, yet summer holiday planning and Eurovision ticket sales boosted travel and entertainment

A1 Retail

percent) – as rising costs continue to place pressure on Brits’ finances. This comes as nearly nine in 10 shoppers (89 percent) say they are concerned about the impact of rising food prices on their household finances, while 67 percent are looking for ways to reduce the cost of their weekly shop. Spending on fuel dropped -9.3

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High street spending slowed during rainy August, while ‘Barbenheimer’ doubled cinema ticket sales

A1 Retail

Supermarkets and food and drink specialist stores also saw weaker spending growth (4.5 The majority of these supermarket savers are buying budget or own-brand goods over branded items, as well as cutting down on luxuries or one-off treats for themselves (both 52 percent). Spending on essentials saw just 1.0 percent and 4.9

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Majority Report: 2022 Predictions on How AI Will Impact Global Industries

Nvidia

At the same time, global food prices have jumped to their highest level in more than a decade as worker shortages, factory closures and high commodity prices shred plans at even the most sophisticated forecasting and logistics operations.

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A cost-of-living crisis is brewing in Asia. Here’s what it means for retail

Inside Retail

According to point-of-sale data collected by Nikkei from supermarkets and other food retailers for more than 200 products, food prices are rising faster than the official government CPI as wholesale increases for most products are passed quickly through to consumers. On 8 October, Malaysia’s Finance Minister announced cash handouts of RM7.8

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Roundup Of The Top 2021 Retail & CPG Trends

Rangeme

Amazon, Walmart, Macy’s , and Bed Bath & Beyond recently added this form of installment financing. Sephora plans first campaign highlighting Black-owned brands. To boost in-store convenience, Amazon started adding Just Walk Out contactless checkouts to Whole Foods and Amazon Fresh stores, as well as Sainsbury’s stores in the U.K.