Tesco is making its rewards program less rewarding: While Boots and Sainsbury’s have recently made similar moves, the change could drive shoppers to its competitors.
Reebelo defies financial turmoil to raise $29 million in funding: The Singapore-based consumer electronics resale marketplace plans to use the funds to grow its US business and expand into new markets.
Mobile apps can help boost healthcare staff retention: Gozio Health’s platform lets healthcare providers customize apps to keep staff satisfied and smooth patient care journeys.
ChristianaCare joins the subscription healthcare market: Incumbents are rolling out bundled virtual primary care services for consumers. Will the trend take off?
Clinical documentation just got smarter and faster: Microsoft’s Nuance Communications added GPT-4 to its Dragon Ambient eXperience tool. Here’s what it means for providers.
Movies not only need to be good, they need to matter to audiences: That’s one takeaway from the ‘Shazam’ sequel bombing.
Foot Locker labels 2023 “reset year” to restore falling sales: The retailer is investing in exclusive products, loyalty, omnichannel, and off-mall store formats to offset Nike’s D2C shift.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss why livestream shopping hasn't caught on in the US and the UK the same way it has in China, what TikTok is doing to make the US’s launch more successful than the UK's, and what shoppers are looking for from a livestream. Then for "Pop-Up Rankings," we rank the top four brands that have done livestream shopping well. Join our analyst Sara Lebow as she hosts analysts Sky Canaves and Carina Perkins.
Next year, ecommerce will make up 75% of total US resale volume and reach $90 billion, according to our forecast. US resale is also growing faster than overall retail sales, and retailers want in on the market. Whether you’re launching a resale program or examining the opportunity, here are five charts to help.
On Running is bullish after growing sales 91.4% YoY during the holiday quarter: But Nike’s strong Q3 performance underscored its position as the dominant sneaker brand on the market.
Tech’s nightmare becomes reality: As Amazon lays off thousands more, the talent bloodletting shows no signs of letting up. It’s a symptom of impulsivity in the tech industry that could come back to haunt it amid the tight labor market.
Google may be missing the bigger cloud picture: Changes in expectations for the sales division might get in the way of enticing recession-wary clients. A focus on flexibility for clients is the right approach.
Anthropic wants the moral AI high ground: Its pricey Claude bot is billed as safe and reliable. Performance subjectivity could mean the rise of more specialized offerings in the chatbot market.
Santander wants to fix financial inclusion in Mexico: It plans to launch its digital-only brand OpenBank there in 2024. But it picked a problem that may be too big to handle.
Secretary Yellen emphasized its stability and endorsed the rescue efforts. The Fed gave a picture of emergency lending.
Many of them banked solely with SVB. Recent events taught them to take their finances more seriously, and to work with multiple banks.
UK households are feeling more optimistic about inflation: But continued wage pressures could drive the BOE to continue raising interest rates.