China’s COVID-19 shutdowns hit high-end retailers hard: Tapestry and Estée Lauder are the latest companies to feel the brunt of a weakening Chinese economy.
TikTok announced new Shopping Ads this week in an effort to streamline in-app ecommerce.
Can Amazon make its mobile app more engaging? The retail giant is running a test in which it shows users a TikTok-style photo and video product feed that can be shared with other users.
The state of public EV charging leaves much to be desired: Why would consumers invest in EVs when there’s a dearth of working public chargers? A study shows reliable charging could be the biggest hurdle to future EV adoption.
Kohl’s doesn’t expect its fortunes to turn around anytime soon: The retailer slashed its financial forecast for the rest of the year, pointing to inflation as the cause for its softening sales.
Short list of EV winners: Only about 20 EV models qualify for tax credits. Trouble could be ahead for EV adoption as price-sensitive consumers have even fewer affordable options.
We unpack the potential for cheaper consumer health devices as the FDA makes hearing aids directly available.
China’s loss is Vietnam’s gain: Apple is diversifying production into Southeast Asia as US relations with China deteriorate. Confidence in Vietnam’s production scalability could accelerate the shift away from China.
We detail nurse staffing solution Incredible Health’s latest $80M raise, and explore what it means for similar startups.
Europe’s startup slaughterhouse: After pandemic-era fattening, inflation, war, and an energy crisis have triggered a pullback in startup investment. Wintertime natural gas supplies and hiring are key indicators to watch.
Android 13 starts rolling out: An evolutionary upgrade brings customization, improved privacy features, and improved support for foldables, which could shape future Android devices.
Credit unions’ bank acquisitions are setting a record pace in 2022. CUs also have the advantage in customer satisfaction.
Together they’ll offer financially focused games to users. But gamification in youth banking is becoming the standard.
Though they don’t explicitly name crypto firms, they provide an avenue—but no guarantee—for access.
Affirm and Splitit struck partnerships to shore up growth as market uncertainty takes a toll on the BNPL sector.
Steep discounting hurt Target’s bottom line in Q2: But the retailer doesn’t expect the short-term hit to hamper its profits for the rest of the year.