Under Armour’s inventory struggles reflect industry-wide challenge: The sportswear brand is the latest retailer to report bloated inventories as consumer spending slows.
Musk says Twitter will share ad revenue with creators: There’s a catch—they have to subscribe to Twitter Blue first.
In a turn echoing Netflix, Disney+ has its first quarterly subscriber loss: Disney managed to squeeze by thanks to strong parks and movie results, but its streaming venture has hit a bump.
Advertisers and marketers can’t afford to waste budget, so we foresee a partial shift away from display ads and renewed emphasis on search—with one big exception, retail media.
The rise of delivery platforms could help smaller retailers better compete with Amazon: Our recent report delves into the nuances and drawbacks for retailers leveraging the likes of Instacart, Doordash, and more.
As of last month, 54% of US adults were not familiar with ChatGPT at all, according to YouGov. Familiarity increased with education level, with 67% of those with a postgraduate degree having some knowledge about the conversational AI product.
Hertz gets half of massive Tesla EV order: The car rental company has received nearly 50,000 Teslas so far. It now has a growing fleet of EVs for rent and for services like Uber to push global adoption.
Uber reports record quarter, sees no signs of consumer spending slowdown: The company’s mobility and delivery businesses grew in Q4 as users remained willing to shell out for convenience.
CPG brands keep raising prices: That’s helped companies like Unilever, PepsiCo, and Kellogg’s grow sales. But it isn’t clear how much longer shoppers will continue to spend.
Walmart’s pickup- and delivery-only stores failed to deliver: That’s why the retail giant is shuttering its two concept locations.
Frustration with healthcare is universal: A new survey reveals consumers in six major economies aren’t satisfied with their healthcare system.
Digital health startups to watch: We spotlight healthcare staffing marketplace ShiftMed and serious mental health-focused firsthand on the back of fresh funding.
UnitedHealthcare aims for greater engagement with rewards program: It’s hoping that an integrated app experience and daily rewards will push members to sign up—and ultimately increase daily exercise.
UK’s CMA steps up efforts to block gaming merger: Microsoft’s plan to buy Activision Blizzard is in question. Regulation in the UK could have a domino effect, enabling EU regulators and the FTC to follow suit.
WBD rethinks forcing ‘Max’ on Discovery+ users: It will keep offering the service as a standalone rather than alienate and churn subscribers.
Atmosphere secures another $65 million to corner the unskippable ad market: The connected TV enterprise provider powers screens at your favorite bars and gyms.
On today's episode, we discuss the significance of Google's ChatGPT rival Bard, whether Instacart's shoppable TV QR codes can be a hit, if Fanatics can crack the US livestream shopping code, whether Twitter allegedly shedding users is a short-term issue, where (and how) we listen to music, and more. Tune in to the discussion with our director of reports editing Rahul Chadha and analysts Blake Droesch and Evelyn Mitchell.
Weakness in wholesale led Michael Kors parent Capri Holdings to Q3 earnings miss: Softer-than-expected demand in the US also drove the luxury company to lower its FY outlook.