Soon-to-be retirees want a way to catch up and leave the workforce with more security, but it’s also intriguing to younger consumers.
Gen Z is Pinterest’s largest and fastest-growing demographic, according to the platform. To cater to its younger consumers, Pinterest is focusing on inclusivity, search, and AI-powered curation. Here are five key stats from a recent Pinterest report on Gen Z and what they mean for brands trying to reach Gen Z consumers across digital channels.
Amazon boosts warehouse investment in a push for faster delivery speeds: The retailer is back in logistics expansion mode as it strikes back against Walmart and Temu.
The initiative will utilize customer data for targeted advertising and innovative ad formats to attract sellers and non-endemic advertisers
The launch should help speed up Canada’s digital payments transformation, which has fallen behind other countries
Social media faces growing EU scrutiny over addictive design: Denmark’s prime minister penned an open letter calling for stringent updates to the Digital Services Act.
Eating one small rock per day grants health benefits: At least, that’s what Google’s AI Overviews told some users in a major gaffe for its search strategy.
Walmart is bringing more of its financial services in-house—but Capital One may not sweat the loss, either
Affordable healthcare is top-of-mind for adults over 50: Older consumers’ concerns about healthcare costs dovetail with their concerns about the future of Social Security and Medicare.
Express Scripts partners with independent pharmacies: We examine the possible motivations behind PBMs’ recent efforts to support smaller pharmacies.
GLP-1s effectively combat kidney disease: A new study highlights Ozempic and Wegovy’s promise in the renal space. We address the prescription drug spending elephant in the room.
Google rushes to fix bizarre AI search results: It’s hardly the first time that generative AI has gone off the rails, but it could undermine Google’s core business model.
Ad-supported streaming surges: Major platforms embrace ads as price hikes drive subscribers to more cost-effective options.
Restaurants ramp up hiring in preparation for a busy summer season: But operators face an uphill battle to win over value-conscious customers.
Golden Goose soars toward IPO: But its timing could prove challenging given the high-profile struggles of labels like Kate Spade, Stuart Weitzman, and Gucci.
Google could help shake up the Indian ecommerce market: The tech giant will invest $350 million in Walmart-controlled Flipkart and plans to bolster the Indian company’s tech infrastructure.
xAI raises $6 billion to challenge OpenAI, which announced a new AGI safety committee. Rivalries could intensify as AI companies continue to take on the personalities of their founders.
T-Mobile is buying most of UScellular’s wireless operations for $4.4 billion, strengthening its rural 5G access while pressuring competitors to secure similar deals.
Creators are diversifying their revenue streams beyond influencer marketing. That’s a net positive for the creator economy, but it also puts some creators in direct competition with brands for consumer spending.