Foot Locker raised its full-year forecast: While the retailer has positive momentum after posting better-than-expected results in Q3 and over Thanksgiving week, it still faces an uphill climb.
UK shoppers embrace secondhand goods in search for cost savings: Sales of used and refurbished items are surging, propelling Amazon’s resale business past the $1 billion mark.
Dollar Tree misses expectations as lower-income consumers pull back spending: While the discounter is gaining grocery share, discretionary sales continue to be challenged.
Its Cybertruck enters a slowing, competitive EV market, challenging manufacturing limits and risking reputation with quality concerns, unclear pricing, and long pre-order waits.
Broadcom, Unity, ByteDance, and Bungie announce layoffs amid mergers, cost-cutting, and sector realignment. A strong job market isn’t translating to certain tech segments.
On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss how Gen Zers discover products; where they stand on buy now, pay later; and how loyal they really are to brands. Then, for "Pop-Up Rankings," we rank three campaigns that really worked with Gen Z. Join our analyst Sara Lebow as she hosts analyst Arielle Feger and editor Catherine Ollinger.
What ByteDance’s pullback from gaming means for competitors: Strict Chinese regulations played a part, but slowing growth and high costs are causing problems
Competitors thrive amid OpenAI’s leadership quagmire: Other startups gain clients, investors are concerned over board changes, and questions swirl over AI self-regulation and operational reliability.
Over half (53%) of US adults ages 18 to 29 will use TikTok for holiday shopping this year, per ESW.
Snapchat experiments with an ad-free subscription model in Australia at $10.50 a month: Shift in revenue strategy could influence social media monetization.
Shoppers spent a record $12.4 billion this Cyber Monday: The lure of heavy discounts convinced cost-conscious consumers to open their wallets.
Omnichannel approach triumphs in Black Friday marketing: Email and SMS take center stage during pivotal sales period.
Madhappy turns to physical retail to build its brand: The D2C apparel brand wants its first permanent store to be a place consumers “spend a few hours,” not just browse.
Temu parent PDD Holdings posts 94% revenue surge in Q3: The company’s advertising blitz and pricing strategies are helping to win customers, but at a significant cost.
GenAI becomes a reliable source for health information: Consumers are comfortable using the tech for their health-focused searches. But how does genAI stack up against more traditional health sources?
Bayer teams with Hurdle on biological age test: Bayer is selling Hurdle’s saliva-based test directly to consumers as part of its precision health initiative launched in May. Success will come down to price for many consumers.
Telehealth vs. in-person visits: Telehealth patients are less likely than in-person patients to complete a test or a follow-up with a referral. But the stats aren’t great for any modality.
On today's podcast episode, we discuss what a completely Walt Disney Co.-owned Hulu will look like, if the entertainment giant has a Marvel problem, and whether Disney+ can ever rival Netflix for the subscriber crown. "In Other News," we talk about why Roku's revenues and streaming hours are doing particularly well and why Warner Bros. Discovery's ad revenues and subscriber growth are not. Tune in to the discussion with our vice president of content Paul Verna.
iRobot shares fall 17% after the EU warns of antitrust issues in Amazon's $1.7 billion bid. Now the FTC could weigh in.
Apple is aiming for more affordable second-gen Vision Pro XR headsets by 2025, competing in a growing market with Google, Meta, Varjo, and Valve.