P&G credits resilient US consumers and rebounding spend in China for its earnings beat: But increased promotional activity over the past few months could force the company to rethink its reliance on price hikes.
Inflation is starting to ease, but consumers remain cautious with their spending. This puts pressure on consumer packaged goods (CPG) brands and retailers to attract customers without affecting the bottom line.
The world's largest chipmaker forecast a 16% sales tumble in Q2 as the tech sector slows down. Its plans for new factory locations could be in peril.
Cost Plus Drugs links up with independent pharmacies: It’s yet another move by the company to cut big-name pharmacy benefit managers out of the picture.
Measuring digital patient engagement: Providers know they need consumer-friendly offerings to ward off competitors. Next, they’ll be able to track how patients are interacting with their digital tools.
Smart hospitals go beyond digital: Cleveland Clinic will deploy Verizon’s private 5G network at its new Mentor, Ohio hospital. Here’s why it’s a model for the hospital of the future.
Seagate’s $300M fine for selling hard drives to Huawei shows that US regulators are strictly enforcing bans against China.
A look at Netflix’s confusing video game strategy: A high-quality catalog means little if most of the company’s 232 million subscribers don’t know it exists.
Shein plots expansion with $145.2 million investment in Brazil, US marketplace: The company is looking to increase its reliance on local manufacturers to speed up fulfillment and better respond to demand. (This article was written with the assistance of ChatGPT.)
Bumper profits, struggling investment banks, and swelling customer deposits were all themes in banks’ Q1 earnings.
It sold $1B of loans from Marcus and is now exploring the sale of loan provider GreenSky.
After clearing its waitlist, the Black- and Latino-focused digital bank is now offering a General Access platform to any user.
GreenSky may be an attractive acquisition as consumers rely more on BNPL for essential purchases
This can help Square ward off disintermediation as softPOS volume grows
Roku says it can offer larger primetime audiences than traditional cable competitors: Its new marketing and sales push is perfectly timed ahead of upfronts.
On today's episode, we discuss whether there's room in people's streaming lives for the new service "Max," the significance of Montana preparing to become the first state to ban TikTok, why Expedia wants ChatGPT to be your travel advisor, a March Madness finals ratings surprise, YouTube TV launching its multiview feature, where the tradition of sports jersey numbers being retired came from, and more. Tune in to the discussion with our forecasting writer Ethan Cramer-Flood, director of Briefings Jeremy Goldman, and director of forecasting Oscar Orozco.
Ikea has big plans to grow its US sales: It plans to spend $2.2 billion over the next three years to add 17 new stores and bolster its fulfillment network.
US retail media ad spend will hit $45.15 billion this year, an increase of almost 20% over 2022, according to our forecast. Growth will accelerate each year through 2027, when we expect spend to reach $106.12 billion.