Younger consumers and higher-income shoppers are powering Walmart’s grocery growth while its physical footprint gives it an edge in retail media. Its burgeoning logistics business could be the next big thing for the retailer—and its bottom line.
Inflation and economic uncertainty cause Kroger’s growth to fade: Cost-conscious shoppers’ traded down to lower-priced items during fiscal Q1.
Inflation for pet food and services was over 10% in April, according to the US Bureau of Labor Statistics. But the category has won a reputation of being somewhat recession-proof, thanks to its necessity for pet owners. “People will be spending more on the pets that they have already, despite the fact that it’s been a relatively inflation-wary populous,” said our analyst Jeremy Goldman on a recent episode of our “Behind the Numbers: Reimagining Retail” podcast.
Digital health startups to watch: We spotlight value-based specialty care company Upperline Health and virtual maternity care provider Pomelo Care on the back of fresh funding.
Inadequate access to care isn’t just a US problem: Healthcare providers around the globe can take steps to make care more accessible for patients. We detail them below.
Get ready to feel the contract churn: Hospital execs signed up for a lot of digital health tools during the pandemic. But as contracts come up for renewal, digital health companies should be working closely with clients—and looking to poach from rivals.
Social media influencers could rival big game developers with Google-backed AI startup: Text-to-RPG tech will catch on quickly with influencers who can sell to large audiences. It’ll get advertisers’ attention.
Can ‘Lord of the Rings’ become the next mega-media franchise? After a $2 billion deal fell through, owner Embracer Group is doubling down on the property.
US linear TV ad spend is shrinking (8.0% YoY) as connected TV (CTV) ad spend grows (21.2% YoY). This year, US CTV ad spend will total $25.09 billion while linear will total $61.31 billion.
Walmart Connect is teaming up with NBCU to power ads in sports livestreams: The partnership is part of Walmart Connect’s growing CTV ambitions, which includes an expanded deal with Roku.
On today's episode, we discuss password sharing and live sports on Netflix, what the definition of "convenience" is, if awards shows have turned things around, where we spend time with connected devices, sweetgreen's plan to automate all stores in five years, who invented the card game Uno, and more. Tune in to the discussion with our director of forecasting Oscar Orozco, vice president of Briefings Stephanie Taglianetti, and analyst Max Willens.
Understanding context and ensuring privacy will be a challenge for AI as it helps Gmail users draft and refine emails.
London-based iPhone challenger Nothing Phone is coming to the US: It’s up against a smartphone sales slump and Apple’s market-defying performance. Pricing for younger consumers is the key factor.
Vodafone and CK Hutchison plan to merge their UK carriers, creating the country’s largest wireless network. Consolidation could result in higher pricing and poor service.
Flush with palimony from its breakup with TD Bank, First Horizon is flaunting its new, independent status.
Though the agency is in charge of developing a data rights rule, it will take a hands-off approach to the rollout to empower consumers.
BNY Mellon and MoCaFi will deliver disaster relief and payroll disbursements, and basic banking services to the unbanked.
TikTok’s Script Generator accelerates ad creation: New tool crafts video scripts with a click, though caution is advised to avoid generic content.