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
The fintech wants to capitalize on the massive volume opportunity presented by the world’s top remitter
The company is trying to cut costs as it focuses on profitability ahead of going public
Roku and The Coca-Cola Co. are using shoppable media to target consumers at home during the holidays, while Saks Fifth Avenue and Dior are celebrating 70 years of partnership with a first-of-its-kind ecommerce pop-up. Plus, Uber is leveraging the “Real Housewives” franchise to build up its ad business.
Advertisers aren’t prepared for cookie deprecation. But “staying the course is not really a great option,” our analyst Paul Verna said during a recent “Advertising Trends to Watch for 2024” webinar.
With seemingly everyone jumping onto retail media, it may feel too late or intimidating to grab a piece of the pie. But that’s not the case, according to Jason Farver, Hy-Vee’s executive vice president, chief supply chain officer, and president of RedMedia.
Zulily is shutting down for good: The company’s end marks the final chapter for the post-Great Recession boom in ecommerce sites that drove shoppers to hunt for deals.
Starbucks is open to reaching a deal with unionized workers: The coffee company proposed restarting talks with Starbucks Workers United in January as pro-union sentiment stays strong.
Investors reportedly bid $5.8 billion to take Macy’s private: Selling off the retailer’s valuable real estate and Bluemercury could unlock short-term value but at a significant long-term cost.
Amazon moves to dismiss the FTC’s antitrust suit: The retailer says its business practices are helping to increase competition and lower prices, despite competitors’ claims otherwise.
In part one 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 subscription video-on-demand (SVOD) platform Apple will likely buy, where metaverse playgrounds will spring up, and what the ruling between Google and the US Department of Justice will be. Tune in to the discussion with our vice presidents of content Suzy Davidkhanian and Paul Verna and analyst Max Willens.
Apple is planning a foldable device. Samsung wants a piece: It could release an iPhone or iPad/MacBook hybrid in 2026 as it seeks to make its mark on the foldable field.
The unstoppable retail media: Spending in this channel is going up as advertisers keen on first-party data shift more marketing funds to retailers
Regulators examine its $13 billion deal with Microsoft and potential control issues. Focus on billion-dollar AI deals will likely intensify.
EU finalizes world’s first comprehensive AI regulations: Rules for AI companies pave the way for future regulatory frameworks around the world but are met with mixed reception.