Grocery ecommerce has permanently accelerated and will approach 10% penetration in 2022. Ecommerce may still be a minor channel for food and beverage sales at 5.5% penetration, but the broader grocery market includes major sub-categories like pet products (36.0%) and health and personal care (16.5%), where ecommerce is a critical channel.
Chipmakers warn of worst downturn in a decade: Recovery from shortages was expected by late 2022, but chip manufacturers are bracing for tougher times as supply chains are challenged by economic uncertainty and political conflict.
We detail why Amazon’s new D2C telehealth service could have an easier time taking off than Amazon Care did, and how it could threaten companies like Ro.
Juul’s costly settlement offers a lesson to marketers: Company to pay $438.5 million and faces stiff sales restrictions after probe into underage vaping.
We forecast that there will be over 25 million US Apple Watch users this year, nearly half of all US smartwatch users. But Apple is seeking a bigger piece of the pie, leaning into health and safety features with its latest Watch devices to attract new (and current) users.
An HHS OIG report highlights the geography of telehealth and the need to boost access in rural areas.
TikTok parent ByteDance downsizes gaming development: Layoffs in gaming studios indicate a quick retreat from gaming at a time when China’s video game industry is seeing a decline in revenue.
Changing content consumption patterns are bending media and entertainment ad spending in different directions.
SkyTab POS offers hardware products, value-added services, and integrations with third-party business solutions.
Designer Brands has bold plans to boost its owned-brand sales: The DSW owner, which bought Camuto Group four years ago, looks to acquire more brands to boost its margins.
The exchange will convert USDC and three other stablecoins to its own stablecoin, Binance USD.
A regulatory agency review of its most recent audit uncovered problematic processes regarding revenue recognition.
It will disrupt the bank’s plans for digital expansion, growth in the US, and drive for a younger customer base.
The programs are a part of Project REACh and can help Citi make up for potential losses in the event of an economic downturn.
Apple is hiring to create a $30 billion ad business: This comes as incumbents are rebuilding their own in the wake of ATT.