These deals could help both firms sustain business as recession fears, higher competition, and looming BNPL regulation threaten growth.
Autoship sales are key to Chewy’s Q1 profit: The model helps lock in customer loyalty and limits the number of consumers who trade down to less expensive brands.
Walmart’s stores are key to its ecommerce growth: The retailer’s vast number of stores help enable same-day delivery to 80% of the US population.
Dia & Co. rounds out its inclusive offerings: By acquiring plus-size luxury retailer 11 Honoré, the apparel company aims to boast the largest selection of brands offering inclusive products.
US smartphone in-app purchase spending will hit $42.31 billion this year, up 13.0% over 2021. Growth will slow to the single digits over the next few years, and spending will pass the $50 billion mark in 2025.
The baby formula shortage is hurting low-income families hardest: Increased imports and relaxed WIC requirements are short-term fixes, but more competition is needed to prevent future crises.
Feminine care brand Rael continues its global expansion: The company raised a record $35 million as shoppers gravitate towards wellness and sustainable brands.
Digital therapies already have low rates of consumer adoption.
Tech wrestles with an era of uncertainty: As 2022 hits the halfway point, we look at how various technology companies navigate expected and unexpected challenges that could alter the business landscape.
Sheryl Sandberg is leaving Meta at a crossroads: Departure of No. 2 exec comes as company faces major business challenges.
Twitter is back at square one after shelving new projects: Newsletters, podcasts, and more are taking a back seat to user growth and personalization.
Most YouTube viewers watch content on TV screens: The platform is leaning into that growing audience with quality-of-life features for TV apps.
Right-to-repair bill blocked in California: Will the setback ignite renewed consumer pressure to be able to fix their own devices or embolden manufacturers to block attempts at regulation?
Tech could help democratize indoor farming: Sensors, robots, automation, and apps work together to grow plants in an emerging segment, but change won’t be cheap.
Employer branding is key to attracting top talent: The labor market is still tight a year into the Great Resignation.