On today's episode, we discuss sustainable shopping: the "circular economy" leading to the popularity of recommerce, social media playing a role in secondhand selling, and how smaller retailers can benefit from the pandemic-fueled local shopping trend. Tune in to the discussion as eMarketer principal analyst Bill Fisher hosts principal analyst Karin von Abrams and research director at Insider Intelligence Matteo Ceurvels.
The recovery continues: The US ad economy grew 52% year over year in April, according to the Standard Media Index, more than doubling March's growth figure.
A price hike at the upfronts: Networks are reportedly pressing for double-digit increases to the ad rates during their annual upfront negotiations.
The Google store: The tech giant is preparing to open its first brick-and-mortar location this summer.
US marketers go all in on gaming
The consumer packaged goods (CPG) category has seen tremendous growth thanks to ecommerce. Learn how Nestlé, one of the world's largest food companies, quickly pivoted and accelerated its digital transformation by leaning into shoppable commerce to drive digital purchases. Watch Industry Voices Spotlight on CPG with Alicia Enciso, CMO of Nestlé USA.
The raise brings the app to a $5.3 billion valuation—here’s why investors flocked to its Series C round, giving it a significant boost to expand aggressively across Europe.”
Banks face torrent of potential US SMB customer losses over PPP anger: More than 6 million SMBs in the US may leave their banks over how they handled the Paycheck Protection Program—creating an opening for banking players to develop new features to woo them away.
The US neobank committed to help people boost their savings—its latest initiative to raise its profile as a trustworthy financial institution among customers.
Coronavirus relief programs might make credit scores a less reliable indicator of financial stability—which may push issuers to adopt alternative measures like account deposit data.
JPMorgan gives healthcare another shot: A few months after shuttering a healthcare JV with Amazon and Berkshire, JPMorgan launched a standalone venture, Morgan Health—one of several large employers tackling rising healthcare costs themselves.
CVS hops aboard the clinical trials train: CVS Health launched a new clinical trials business—here’s why it’s set up for success in this space.