This week, our Reimagining Retail podcast crew gave their predictions on what will drive the next phase of ecommerce growth, ranked from least “spicy” to four-alarm fire.
On today's episode, we discuss what brand new forecasts the forecasting team cooked up in Q2, including influencer marketing spend by platform and tier, luxury ecommerce, and US prescription drug sales. "In Other News," we talk about Apple Pay's meteoric rise and what DoorDash's Q2 performance says about the future of the food delivery space. Tune in to the discussion with our senior forecasting analyst Iwona Drapala and director of forecasting Peter Newman.
As restaurant delivery slows, Uber and DoorDash focus on groceries: The pivot is working as we expect both companies to gain a larger share of the grocery intermediary market.
Virtual Incision’s plans for a robotic space visit highlight the need to make digital surgery devices much smaller.
UK regulators worry Microsoft could game the system: Controlling a trove of gaming assets puts the onus on Microsoft to silence regulators’ fears that it could monopolize various gaming segments.
US-China conflict over chips intensifies: AMD and Nvidia stocks plunge on reports of new government sales restrictions of chips to China and Russia. US chipmakers could be forced to abandon potential sales.
We know more about Netflix’s advertising strategy: Are $65 CPMs too pricey in an uncertain economy?
Higher toy prices eat into demand: Price increases drove higher toy sales in the first half of 2022, but fewer households are buying.
Labor shortage or skills shortage? US robotics sales soar as a dearth of workers leaves businesses in a bind. But behind it lurks a worsening skills deficit, risking higher unemployment.
Google pays big for bug hunters: As cyberattacks worsen, the tech giant is paying hackers tens of thousands to track down software vulnerabilities. It could help unburden the cybersecurity industry.
The bank’s new grant program extends credit and assists with commercial real estate purchases.
A UK parliamentary committee wants ‘Big Bang’ deregulation to improve banking competition.
Regulators and clients might question their classification methods, proving the demand for ESG products is tough to satisfy.
The labor market is as tight as ever: With nearly two job openings for every available worker, many retailers run the risk of being short-staffed this holiday season.
A new partnership makes it easier for SMBs to sell online: National Retail Services and Bringg are teaming up to give independent retailers a chance to compete with Amazon and Walmart.