MARCH 23, 2023 | By Arielle Feger, Sara Lebow, and Becky Schilling
On this day in 1998, James Cameron’s epic drama “Titanic” won 11 Academy Awards, tying the record set by “Ben-Hur.” It’s been 25 years … and we’re still nostalgic for Kate Winslet’s ’90s fashion.
This year, we forecast US off-premise alcohol retail sales (i.e., alcohol purchased for at-home consumption) will grow by a modest 3.5% to $178.20 billion. This growth will accelerate slightly through 2027, driven by three areas of opportunity within the industry: ecommerce, customers willing to splurge on premium beverages, and at-home consumption trends.
Gap quietly dissolves advertising business Our view: Instead, the company will devote more resources to its logistics and fulfillment platform. While retail media has potential to drive major growth, it has become a highly competitive space, making it hard for retailers to differentiate themselves.
BNPL use rises amid inflationary pressure Our view: Adoption will likely stick around. We forecast that buy now, pay later (BNPL) payment value will climb 25.5% this year to reach $94.87 billion, driven by increased adoption by merchants and young consumers.
Petco, Chewy may see challenges ahead Our view: The pet supplies category has remained resilient amid inflation, but as consumers continue to pull back on discretionary spend, pet retailers may need to find ways to offer value to avoid losing share to less expensive competitors.
Forty-two percent of marketers said they plan on exploring AI and automation as a strategy in 2023, according to an August 2022 Sagefrog survey. One reason: AI can help with personalization.
Be direct: US D2C ecommerce sales grew by 21.3% in 2022 to reach $156 billion, according to our forecast. By what percentage do we project they’ll grow this year?
Friend – the surge in mass shootings we've seen nationwide has made one thing painfully clear: We must take immediate action toward ending our gun violence epidemic.
That’s why I am fighting in the Senate to close loopholes and require background checks on unlicensed firearm sales, including those made online or at gun shows, keeping guns out of dangerous hands and saving lives. This is just common sense.
Although more than 90% of Americans support comprehensive background checks, current federal law does not require unlicensed sellers to conduct them before transferring a firearm. But I know we can change that.
Expanding background checks would be a critical step forward in combating the senseless gun violence that has devastated families and communities across Nevada and the country. This campaign is about fighting for what matters to Nevadans and I want your input. I believe we need meaningful progress on gun safety reform, but I want to know that you're with me, friend.
I'm looking for 10,000 supporters to stand up for universal background checks by midnight tonight – but time is running out, and I'm still missing your signature. This campaign is about listening to what you have to say. Your input is critical to our strategy. So please:
