Kroger will close three ecommerce fulfillment centers amid profitability focus: Underperformance led the grocer to pull back on grocery delivery in Florida and Texas.
Clinique is the latest prestige beauty brand to make the leap to Amazon: The partnership signals the retailer’s growing clout. It’s set to overtake Walmart as the US’ top beauty retailer by 2025.
Tough requirements for medical meals: The Food is Medicine Coalition says medical meal providers should meet a high bar and be nonprofit.
An unexpected consequence of the surprise bill ban: Doctors are winning disputes with insurers over out-of-network bills, and their high charges could wind up raising costs for everyone.
Walgreens posts $6B loss as more VillageMD clinics close: The medical group’s underperformance is a cautionary tale for non-traditional primary care players.
On today’s podcast episode, host Bill Fisher is joined by our analysts Paul Briggs, Evelyn Mitchell-Wolf, and Carina Perkins to discuss the implications of new digital legislations that recently came into force in the EU. Could they be a template for tighter digital laws elsewhere in the world?
Amazon invests billions in Anthropic, maker of the best-performing chatbot: $4 billion in funding illustrates fierce competition among Big Tech to partner with startups that have an innovative edge.
What marketers can learn from the struggles of a publisher: G/O Media is selling off assets after years of valuing ad space over content.
China bans Intel, AMD in tech cold war: Beijing pushes domestic chips for government use, affecting US firms’ revenues and escalating tensions. Long-term embargoes could fuel a technology arms race.
Executives get cold feet over AI adoption: Soaring adoption rates are being pulled down to earth over cybersecurity and data protection concerns. It could curtail the AI sector’s profit outlook.
Social media users in select countries (US, UK, Australia, France, and Saudi Arabia) trust brands over influencers when it comes to finance, apparel, and skincare, per an October study from Snap Inc. and IPG Magna. Finance is where this trend is most pronounced.
Latin America’s unique economic environment has fueled rapid fintech and BaaS expansion—and it’s projected to keep growing.
We look at how issuers and networks could compensate for the multibillion-dollar revenue shortfall
A new class-action lawsuit and competitive pressures are turning up the heat on Amex
Mastercard has been pushing into value-added services like fraud solutions to diversify revenues
Retailers are bullish on genAI: Many see the potential for genAI to remake everything from customer service and marketing to their store operations.
X’s US app usage dropped 23% since Musk’s takeover, outpacing the decline of rivals. Can bundling genAI result in user recovery?