A green life insurance policy isn’t so farfetched: Carbon footprinting scores and policies with underlying green investments may be in the vanguard of product development.
Walmart enhanced its online marketplace with new capabilities and seller solutions, the retailer announced at its annual Walmart Marketplace Seller Summit this week. Updates include the addition of premium beauty products, expanded fulfillment services, and revamped seller solutions.
YouTube, Netflix, and Amazon are Gen Alpha’s coolest brands, per an August 2024 report by Beano Brain that surveyed more than 55,000 kids under 14. To foster relationships with the generation that not only has growing spending power of its own, but also influences parent purchases, marketers will have to understand its evolving digital habits.
In comparison, just over one-third of Facebook social shoppers do the same on Facebook.
Retailers rank return fraud high on their list of challenges: Tactics like wardrobing are gaining popularity, forcing companies to tighten return policies at the risk of alienating honest shoppers.
Influencers face uncertainty amid potential TikTok ban: Most creators have backup plans and are seeing increased engagement on other platforms, with Facebook and Instagram as top alternatives.
Kohl’s turnaround strategy remains a work in progress: The retailer’s sales fell 4.2% with comparable sales down 5.1% as shoppers showed more discretion in their spending.
Walmart eyes big growth opportunities ahead: The retailer expands its third-party services offerings, while also adding high-end beauty products, collectibles, and other pre-owned products to its marketplace.
Capital One sued for improperly sharing user data: A class action lawsuit shows how quickly improperly obtained information spreads across the ad ecosystem.
Lego builds momentum: The company grew sales 13% in the first half of the year with strength across its portfolio.
Apple’s “services” sector faces layoffs: Despite a significant round of cuts, Apple is unlikely to back away from advertising.
A long-needed Instagram feature is here: The ability to add text and layer images to photos and Reels will help increase time spent on the app.
California lemon law overhaul seeks to slow flood of lawsuits: Specialist law firms helped drive a 52% year over year increase in litigation over defective vehicles.
The administration approved $521 million to expand EV charging infrastructure, crucial for adoption. However, progress has been slow, with just seven stations built over two years.
AT&T’s 2023 outage, caused by a technician’s error, led to a three-year compliance plan and a $950,000 fine. With a history of outages
xAI's Grok now links election queries to Vote.Gov, but the AI model’s inadequate filters raise concerns about misinformation during a critical election season.
Yelp’s antitrust lawsuit accuses Google of monopolizing local search services by prioritizing its own results and limiting competition. The case’s outcome could reshape online search
On today's podcast episode, we discuss the unofficial list of the most interesting retailers for the month of August. Each month, our analysts Arielle Feger, Becky Schilling, and Sara Lebow (aka The Committee) put together a very unofficial list of the top eight retailers they're watching based on which are making the most interesting moves: Who's launching new initiatives? Which partnerships are moving the needle? Which standout marketing campaigns are being created? In this month's episode, Committee members Arielle Feger and Sara Lebow will defend their list against analysts Blake Droesch and Sarah Marzano, who will dispute the power rankings by attempting to move retailers up, down, on, or off the list.
The AI-transcription wearable is pitched as a “business partner” for the workplace, but its limited functionality may fail to gain traction against smartphone alternatives.
Both retailers used generative AI to improve employee productivity in Q2—Walmart leveraged the tech to improve its product catalog and Target used it to enhance in-store employee tools. Target’s curbside pickup service helped it grow digital comparable sales 8.7% YoY, while Walmart’s marketplace and sales of GLP-1 drugs contributed to its 4.2% comp sales growth YoY.