Uniqlo aims to have 200 North American stores by 2027: The retailer’s offline push dovetails with a new report that finds physical stores boost retailers’ online sales and traffic.
Inflation eased slightly in November, to consumers’ relief: Confidence is ticking up as prices come down, but retailers like Hasbro are struggling to capture spending.
TikTok Shop is the holiday retailer of choice for one-third of Gen Zs: The marketplace is racking up sales thanks to its aggressive promotional strategy, despite lukewarm interest from larger brands.
Retail embraces AI chatbots: Gen Z adoption pushes them to the forefront, but blending tech with human service remains imperative
In part two of this two-part podcast episode, we discuss some predictions for 2024 that are too specific to be 100% certain about but could still come true, including: which car company Amazon could potentially acquire, how AI might land itself in hot water, and the next digital consumer privacy lawsuit. Tune in to the discussion with our vice presidents of content Suzy Davidkhanian and Paul Verna and analyst Max Willens.
As retail media evolves, ad placements off-site and in-store will help grocery advertisers reach shoppers in new and more engaging ways, but consumers may not be in a spending mood as credit card balances grow and savings accounts shrink. If Amazon can get grocery right, it may be able to fight off losing share to Walmart. But if the Kroger-Albertsons merger goes through, it could change everything.
CVS, Kroger look to connect seniors with primary care: We explore how converting older consumers into patients is a big opportunity for retail health players.
Talkspace leans into women’s health services: We explore how the company’s tie-up with a menopause care platform aligns with its 2023 business strategy.
Preventive care screening goes on the grocery list: Walmart and RadNet have launched the first MammogramNow service at a superstore in Delaware. Will the target audience take time for a scan?
Lego and Fortnite are a match made in heaven: The two brands are melting pots of pop culture iconography, and a partnership is taking them to new heights.
Launch of Paramount+ with Showtime marks a new streaming era: The rebrand signifies the industry's move toward content diversity and market expansion strategies.
After three years, Epic Games wins its case against Google’s Play Store monopoly. App stores might need to alter practices to accept alternative payment options on online marketplaces.
Three generative AI startups get fresh funding: Mistral AI, Aleph Alpha, and Essential AI draw significant VC investments and signal a shift toward a more diverse sector.
Microsoft and AFL-CIO launch workforce alliance: It could promote worker-focused tech development and pro-worker policies amid concerns over mass tech job losses.
Shein is moving ahead with its public debut, taking on some competitors (like Amazon and Temu) while teaming up with others (like Forever 21). Though a brick-and-mortar footprint doesn’t seem to be a part of Shein’s plan yet, it could take a cue from other fast-fashion brands, like H&M and Zara, and establish a physical presence to engage with offline shoppers.
Meta’s Audiobox, an AI for voice cloning and sound generation, has potential but faces restrictions and copyright concerns. Future commercial versions are expected.
Gen Z isn’t very worried about their privacy if banks integrate AI into their services. Other generations expressed less interest and more caution about AI.
Many are turning to cash as a budgeting tool amid the country’s cost-of-living crisis