Meta earnings didn’t quite disappoint: After a particularly challenging prior quarter, Meta didn’t quite right the ship, but it did staunch the bleeding.
The push to rein in cloud spending sprees: Pressure to digitally transform has spurred out-of-control cloud spending. The near-term burden will likely fall on cloud customers to cut costs.
On this episode of Reimagining Retail, our analyst Suzy Davidkhanian hosts resident apparel expert Sky Canaves. In "Pop-Up Rankings," they discuss several features from the inaugural apparel benchmark study that didn't rank as high as they would have expected. In the second segment, "What's In-Store," Sky and Suzy visit Nordstrom to check out its click-and-collect hubs, the mobile app scan feature, and different store activations.
The CFPB will use a dormant legal provision to examine nonbank financial companies that “pose risks to consumers.”
Twitter’s employees ask questions most users are wondering about as well: At a town hall, uncertainty about the platform’s sale to Elon Musk looms large.
US Sens. Elizabeth Warren and Robert Menendez sent a letter to Early Warning Services regarding how it’s handling rising fraud.
Consumers are growing frustrated with ineffective digital ads: A new survey shows that the ad industry’s lack of a proper targeting solution is alienating consumers.
Pandemic era growth is officially over at YouTube: While ad sales slowed considerably in the last quarter, its TikTok competitor, Shorts, saw massive growth in viewership.
Walmart+ doubled its fuel discount to 10 cents per gallon: Inflated gas prices provide Walmart with an opportunity to drive more people to its membership program.
Apple opens Self Service Repair to US consumers: It is also slowing hiring at certain retail locations for its Genius technical-support jobs, which could put a crimp in the customer experience.
Lululemon plans to debut a digital fitness class membership: The announcement is the latest sign there’s still a significant audience for connected fitness.
Rising prices leave UK consumers with little cash to spare: UK retail sales are down for the first time in 13 months.
The No. 1 biggest source of financial stress among US adults last month was managing living expenses, with 27% being most concerned about the cost of necessities like groceries, gas, and utilities. Saving, investing, and planning for the future were the second biggest stressor, cited by 19%, while managing debt was No. 3, with 13% calling it their primary financial worry.
Some 58% of marketers and analysts say routine marketing reports are still built on spreadsheets, according to a recent Adverity survey. Harriet Durnford-Smith, CMO of Adverity, shares key results from that research and how automation can solve the challenges of manual data wrangling. Watch this sponsored video, contributed by Adverity.