Aldi’s Winn-Dixie acquisition marks a departure for the discount grocer: The deal will allow Aldi to experiment with larger stores, but it could force a shift in its private label strategy.
Though growth is slowing, digital grocery will continue to fuel overall ecommerce growth in the US. “Growth is no longer driven by new adopters, but heavy digital grocery users,” our analyst Blake Droesch said on a recent “Reimagining Retail” podcast episode. Here’s how retailers like Instacart, Amazon, and Walmart can capitalize on frequent buyers.
Digital health startups to watch: We spotlight virtual behavioral health provider Better Life Partners and school-based telemental health company Daybreak Health on the back of fresh funding.
Blue Shield of California drops Caremark for piecemeal PBM model: We examine if the insurer’s decision could start a trend and take some power away from dominant pharmacy benefit managers.
Medicaid disenrollment hurts consumers, providers: More than one-third of Medicaid members say their health plan hasn’t contacted them about renewing their coverage. Consumer spending will take a hit.
Trained by AI today, replaced tomorrow? Hitachi unveils an AI-powered job-training technology that provides a solution to the knowledge-transfer problem. It also raises job security questions.
Why is the AMPTP suddenly so eager to end strikes? Its members had to negotiate upfront commitments without guarantees of new content, and a window for fall productions is closing.
YouTube Music introduces Samples: New feature with a TikTok-like vertical video feed should help users discover new music based on their preferences.
Peacock expands its reach beyond the home: Exclusive live sports to be shown in commercial venues, diversifying audience and increasing brand visibility.
Buy Buy Baby and Harmon still have strong brand equity: That’s why both brands, which were owned by Bed Bath & Beyond, are set to reopen.
Strategic upskilling is essential as AI usage increases the likelihood of job disruption and transformation. Investing in employees has never been more important.
Google to launch Gemini this fall with multimodal features: It wants to topple OpenAI’s commercial generative AI lead with a new family of models. Timing with fall classes could be crucial.
On today's episode, we discuss the ways in which firms are prepared—and unprepared—for AI, what happens when companies have finished test-driving generative AI, and what to make of Meta giving away its AI model. "In Other News," we talk about when we can expect to see GPT-5 and how Apple’s lip-reading technology could be a step toward artificial general intelligence. Tune in to the discussion with our analysts Jacob Bourne and Gadjo Sevilla.
Amazon’s $10 billion loss from Alexa devices sparks the latest strategy shift away from consumer electronics as it and other companies focus on profitability and reduce aspirational projects.
Investing app targets students at historically Black colleges: A joint initiative between Stackwell and Fintech in Action wants to advance financial literacy and close the racial gap in intergenerational wealth.
The Latin American investment frenzy slowly ebbs away: High inflation and stagnant economic growth are reshaping the region’s fintech scene, consolidating the positions of just a few big players, like Nubank and Mercado Pago.
Telegram expands Stories feature for all users: Unique editability feature lets users update their stories post-publication, unlike other platforms.
There’s no escaping ads on YouTube: The platform is taking a battle against ad blockers to the next level by introducing a timer that locks users out of videos.
Netflix gets a second shot at Upfronts: Lower CPMs and a fleshed out ad stack are helping its commitments, but there are still obstacles to success.
PayPal said Alex Chriss will take over as CEO from Dan Schulman, while Discover CEO Roger Hochschild abruptly resigned