X Corp cuts ad prices: The former Twitter aims to revive commitments amid continued brand risk.
Shein claims it turned a profit in the first half: With rumors of a US IPO swirling, the company says its sales volume growth accelerated and profits improved this year. (This article was written with the assistance of ChatGPT.)
The top two reasons shoppers worldwide buy directly from brands are a better price (53%) and free delivery (49%), followed by fast and convenient delivery and free returns (both 36%), according to Wunderman Thompson.
From improving in-store inclusivity to taking advantage of Bed Bath & Beyond’s closure, here are three examples of how back-to-school’s biggest players are delivering value through discounts and enhanced shopping experiences.
Porsche is investing $3.3B in battery production and is looking at three countries for a site. The balance of power in the auto industry could shift depending on the location.
QSR customers pinch pennies: McDonald’s savvy marketing and strong value proposition helped it deliver strong Q2 results, while Chipotle’s high prices led it to fall just short of expectations.
Unilever, Nestlé, Keurig Dr Pepper signal slowing price hikes: But that may not be enough to win back market share from private labels.
Betting big on premium foldables when smartphone shipments are plummeting is a luxury for the world’s leading smartphone maker, but it bodes well for future growth.
Pharmacy customers want personalized digital interactions: JD Power’s US Pharmacy Study shows brick-and-mortar pharmacies still have an edge with customers. Online pharmacies need to boost digital personalization.
Digital health startups to watch: We spotlight RPM company VitalConnect and primary care provider Herself Health on the back of fresh funding.
Amazon brings generative AI to patient medical records: Its new HealthScribe tool looks impressive on the surface—but it’s got a lot of ground to make up in the clinical documentation market.
Hollywood's strikes have stirred conflict for digital influencers: It's a choice between leveraging the situation for personal gain or showing solidarity with the unions.
US shoppers prefer to make their luxury purchases abroad: Spending from American tourists in Europe helped offset sales declines in the Americas for LVMH, Kering, Prada, and more.
Microsoft’s loss is Google’s gain in Q2: Investor favor vacillates between the tech giants, indicating uncertainty over who will win the AI race. Economic hurdles could dash hopes.
Alibaba makes Meta’s Llama 2 widely available in China: US regulators are likely to scrutinize the security costs of tech companies’ open-source models being deployed in China.
Meta’s Q2 points to continued rebound: An 11% revenue increase shows that new products and advertising offerings are helping right the ship.
On today's special episode, we continue our monthly show where we discuss the biggest trends of the moment and the newest research, sprinkle in some analysis, and bundle it up into a quiz. Every month, three of our analysts representing their respective coverage area teams compete against each other. (We also encourage you to play along at home.) We keep a running score and will crown a winning team at the end of the year. Today, we cover how much the world is traveling again, how Amazon Prime Day did, the staying power of Threads, and more. Tune in to the discussion with this month's contestants: our analysts Carina Perkins, Max Willens, and Yory Wurmser.
More states pass consumer protection laws around pet insurance: With only 3% of dogs and cats in the US currently covered, the market opportunity is clear. Uniform regulations will help clear the way for rapid expansion.
Florida lawmakers need to forget the culture wars and address the insurance crisis: Farmers is the fourth insurer to withdraw from Florida due to increased risk exposure in disaster-prone areas. Fraud and litigation challenges aren’t helping.
The solutions should help the networks attract and retain more clients