Subway’s sale could be finalized by May: The company reported strong same-store sales growth as it courts offers from a large pool of interested buyers.
Interest rates are rising. The housing market is cooling. Combine those factors with two years of home improvement projects during the COVID-19 pandemic and outlooks don’t look great for home improvement retailers. This has led them to focus on other revenue streams, including advertising, professional services, and loyalty programs.
Google DeepMind consolidates the company’s AI brain trust while it refocuses to beat back rivals such as Microsoft and OpenAI in the race for revenue-generating AI and a future beyond search.
Removing verified checks from thousands of users—including high-profile individuals and government agencies— escalates the risk of impersonation and misinformation.
With scores of data based on millions of conversations, Reddit is happy to help AI developers make their systems smarter, provided they pay for access.
The impacts that halting financing will have on economies and financial markets mean the transition must be gradual.
This deal looks a bit of a mess: The unbaked TD-First Horizon merger may never be finished.
Forthcoming open banking rules will cause deposits to fluctuate as consumers switch FIs. Banks must have enough liquidity to handle the movement.
But as macro economic headwinds continue, card networks may start cutting into the rewards that are bringing them this spend.
On today’s episode, host Bill Fisher is joined by our analysts Paul Briggs, Matteo Ceurvels, and Carina Perkins to talk about the upcoming crowning of King Charles III in the UK, other major events around the world, and what sort of effects they will have on retail and marketing.
Amazon will capture more than half (51.1%) of all retail ecommerce sales in Germany this year, according to our forecast. Canada will have the second-highest share of Amazon ecommerce sales among the countries we track, at 41.5%, followed by the US, UK, Japan, and Mexico.
“[AI] really does raise the bar in terms of what people are going to expect from you,” our analyst Jeremy Goldman said on our recent “ChatGPT and Generative AI” panel. As AI matures, it will become more specialized, automating mundane tasks, ushering in personalization, and changing the way consumers, retailers, and marketers use the internet. Here are eight predictions for that not-so-distant future.
Amazon looks to its B2B ecommerce division for growth: The retail giant sees significant opportunities to expand Amazon Business into new markets in Europe and elsewhere.
High grocery inflation dents Canadian consumer confidence: Retail sales and volumes fell in February, even as overall price increases slowed.
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.