Walmart raises full-year outlook as Q3 revenue jumps nearly 9%; Foot Locker deepens Puma partnership to secure more exclusive product; ThredUp lowers outlook amid fresh competition from legacy retailers; Nike loses third diversity officer in 2 years
A recent survey commissioned by American Express and PayPal, and conducted by studioID’s Retail Dive, found that only 10% of shoppers say their holiday budgets would be “a lot less” this year than in 2021.
Brands are diving into virtual environments to connect with young consumers. But are these digital spaces just billboards for brands, or can they have tangible benefits?
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