Walmart aims to build buzz around Walmart+: The retailer is taking an aggressive approach to signing up associates for free memberships to get them talking up the program.
Regional athletic goods retailer Olympia Sports is closing its doors: The move demonstrates the challenges smaller retailers face and could be a harbinger of more stores closing.
Expect P&G to still be one of the biggest advertisers on the planet: Pullbacks were for a variety of reasons, including cost pressure and lingering supply chain issues.
CPG brands are trying new ways to target cost-conscious shoppers: Those efforts are necessary to avoid losing sales to private label brands.
Big Tech drops the metaverse ball: A decline in full-time metaverse job postings corresponds with an uptick in gig hiring. Startups and the military might fill the metaverse development gap.
Co-exclusive streaming rights could become a trend: Hulu and HBO Max will both be offering “Abbott Elementary” to subscribers.
Fast-fashion retailers feel the heat as governments investigate greenwashing claims: Asos, Boohoo, and Asda are accused of misleading customers about their true environmental impact.
While others are struggling, luxury brands are taking a victory lap.
AWS vs. Microsoft + Google? Recent reports show Amazon still at the cloud helm, but Microsoft’s bold strategies could leverage Google’s weight while it shores up longer-term climate resilience.
Amazon lays off 100,000: As pandemic-era spending cools and the online ad market declines, hiring pauses and layoffs have become a relief valve for companies.
Indian government completes 5G auction: High-speed connectivity is coming to the world’s second-largest mobile market, but shortages and expensive infrastructure costs are the next obstacles.
Big Tech earnings reveal economic uncertainty: Consumer spending is down while costs are up and supply chain woes continue to drag down profits. Big Tech is bracing for tough times.
The SEC has called out JPMorgan, UBS, and TradeStation for deficient customer identity theft prevention programs, and the CFPB just fined U.S. Bank for opening unwanted new accounts.
Aside from products, the bank markets ‘care, credibility, and trust,’ seeking to bring on customers for life.
The Robin Banks service gives hackers a kit that allows them to run targeted scams against customers at the world’s largest banks.
Like Amazon, Etsy’s growth strategy relies on advertising: As sales decline, the online marketplace is turning to ads and fee hikes to keep profits flowing.
Snapchat + laps Twitter Blue: The subscription service is snapping up users—but Twitter’s offering hasn’t fared nearly as well.