A surprisingly strong start to the Cyber Five: Steep discounts drove record sales on Thanksgiving and Black Friday, as US consumers flocked to stores as well as ecommerce sites and apps over the holiday weekend.
Nordstrom reported a loss in Q3 as lower-income consumers steer clear of Nordstrom Rack: But the retailer is optimistic that shoppers will pick up the pace of their holiday spending later in the year.
The FCA has cautioned that trading apps’ gamification can lead to “gambling-like behaviors” in amateur investors.
With regulators cracking down, the ABA offers three strategies to help FIs stay within the lines.
The wallet will be used for virtual currency transfers and exchanges. The approval marks another step into crypto for the bank.
The etailer is offering signup bonuses on its cards and other incentives to ensure payments volume stays within the company.
Retailers' Q3 earnings show signs of optimism ahead of the holiday season: Foot Locker, Dick’s Sporting Goods, Best Buy, and American Eagle each beat expectations as shoppers continue to spend.
Meta is still trying to improve its teen user image: Its latest attempt to quell its poor reputation with parents and regulators is a slew of privacy features for teens.
In 2002, Comscore noticed a spike in online sales the Monday after Thanksgiving, a phenomenon we now know as Cyber Monday. Our analyst Andrew Lipsman and Dan Hess, formerly of Comscore and now at The NPD Group, share four facts about the retail holiday.
On today's episode, we discuss why TikTok downgraded its revenue expectations, what concerns us the most about the company, and how big of a digital ad player it can actually become. "In Other News," we talk about YouTube letting folks buy products in Shorts and whether people want to buy things in WhatsApp messages. Tune in to the discussion with our analyst Debra Aho Williamson.
Retail ecommerce sales in Latin America were slower than expected during the first nine months of 2022: We break down why as well as which companies saw declines versus those that fared well.
Just under 2% of the US population will drive an electric car next year, for a total of 5.4 million drivers, per our forecast. By contrast, more than half the population, or 151.4 million people, will drive a connected car in 2023.
Dollar Tree sees higher sales, but lower profits: The discount retailer’s expansion into grocery is growing ticket sizes but squeezing margins.
Parkinson’s? There’s an app for that: H2o Therapeutics’ app for monitoring Parkinson’s Disease patients nabbed FDA clearance—which will be critical for adoption.
Cleveland Clinic charges for patient-provider messaging: We unpack the health system’s controversial move and examine if other provider organizations could follow suit.
Pharma advertisers pull back on Twitter ad spending: A fake Twitter account posting about free insulin is causing harm to leading pharma players. What should their next move be?
Mobile duopoly under scrutiny: Apple and Google own the platforms, mobile devices, operating systems, app stores, and browsers. UK regulators are preparing to enact more stringent regulations.