Before the pandemic, online alcohol sales rates were in close proportion to the rest of food and beverage. But the pandemic-induced digital grocery boom accelerated the pace of ecommerce penetration among food and beverage sales. For many reasons, alcohol did not keep up with this larger category trend.
The plant-based meat segment is in a correction phase: Several startups are faltering as consumers are unwilling to pay a premium for their products.
Novo Nordisk sues healthcare companies over GLP-1 drugs: Knockoff versions of popular weight loss medications are hitting the market. Big Pharma will need to educate consumers on determining what’s safe vs. unsafe.
Digital health startups to watch: We spotlight care access platform DexCare and virtual therapy provider Octave on the back of fresh funding.
Marketing mobile health apps to doctors: We examine why pitching health apps to physicians is a smart marketing strategy.
Roblox wants to keep its audience as it ages: Platform introduces mature content for users 17 and up.
As the retail media industry evolves, marketers are embracing new formats such as open web, social media, and streaming TV to reach customers earlier in their buying journey and increase brand recognition. To accomplish this, we’ll see retailers form collaborative alliances with social media companies, streaming platforms, and publishers.
Meta is closing its first retail store, and Google is selling its domains business to Squarespace, highlighting Big Tech's refocus on core growth areas and potential AI opportunities.
Darden Restaurants anticipates softer growth as consumers manage spending: Diners are ordering less alcohol and opting for QSRs over full service.
Shein’s global expansion continues with launches in India, Mexico, and Europe: The fast-fashion retailer is diversifying production away from China as it faces down criticism over its business model.
On today's episode, we discuss when people are most likely to boycott a brand, whether folks will shop elsewhere if they are charged for returns, where the NBA will live next season, if an ad-supported tier for Amazon Prime Video will work, how much vacation time people take in the US versus other countries, and more. Tune in to the discussion with our forecasting writer Ethan Cramer-Flood and analysts Ross Benes and Paul Verna.
If marketed properly, the tech can help it stand out from rivals and build customer trust before mass industry adoption.
Stagnant wages, slashed bonuses at Microsoft may spell mass departures: Google and Meta pay better, but rampant employee discontent at Big Tech gives startups and small tech companies an opportunity.
OpenAI is working toward a major market expansion: It’s blurring the line between nonprofit research lab and tech company, which could create internal, investor, and regulatory friction.
Small banks and credit unions should focus on digital interactions, ease of use, and consumer safety to boost deposits in H2 2023.
The fintech is focused on expanding in foreign markets like India and improving products at home with higher-rate savings accounts.
A team including SVB Securities CEO Jeff Leerink bought the division and will rebrand it back to its roots. Meanwhile, HSBC is eyeing the bank’s German operations.
The bank hopes to grow its income through digital asset custody services. However, EU regulators warn that risks persist, despite MiCA.
Is AI already replacing ad agency jobs? A new report suggests 33,000 jobs will be replaced by 2030, but there are signs that it’s already happening.