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JUNE 23, 2025 |
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What is the No. 1 home furnishing site in the US? |
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A) Lowe’s B) Ikea C) The Home Depot D) Wayfair |
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TOP STORY |
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"In a time where the threat is greatest, we need more specificity, more concreteness than more abstraction," said Dr. Marcus Collins, author and professor at the Ross School of Business at the University of Michigan, on a recent episode of " Behind the Numbers." |
This Pride Month, many retailers are retreating from DEI commitments, facing backlash from consumers and political scrutiny. What began as pledges to support marginalized communities is now giving way to silence—leaving brands caught between public expectation and political pressure. |
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IN THE NEWS |
Temu’s sales slump continues as ad spend dwindles. Temu’s foothold in the US is shrinking as the company pulls back sharply on advertising. Read online |
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Other headlines: |
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Gen Z is ready to splurge on summer fun. Gen Z is preparing an ambitious lineup of summer fun to a degree that outstrips millennials, Gen X, and baby boomers. Read online
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Home Depot moves to strengthen pro business with GMS acquisition bid. Home Depot made a bid for GMS, a building products and tool supplier for both consumers and contractors. Read online
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Consumers haven’t lost their appetite for casual dining that delivers strong value. Casual dining chains that lean into value are luring cost-conscious consumers, even as broader economic uncertainty tempers discretionary spending. Read online
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Tariffs set to make car ownership even more unaffordable. The vast majority—80%—of automakers’ $30 billion tariff costs next year will be passed along to the consumer, according to a report by AlixPartners. Read online | | | |
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ANALYSIS |
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The mobile landscape is rapidly evolving, and a strong mobile strategy is essential for B2C brands. Brands must prioritize a unified mobile approach to stay competitive, according to new research from Airship in partnership with EMARKETER based on an October 2024 survey of 120 B2C global brands. |
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