Amazon looks to succeed where TikTok and others have failed: The retail giant is increasing investment in Amazon Live as it aims to grow livestreaming commerce.
US retail ecommerce sales will top $1 trillion this year, up 9.4% from $960.44 billion last year. Come 2026, more than $1 in $5 spent on retail will come from ecommerce channels.
Ulta showcases newer brands in a pop-up within The Allure Store: The retailer is broadening its reach to adapt to the changing ways consumers buy beauty products.
Activision-Blizzard acquisition rocked by UK antitrust probe: A prolonged investigation could have wide implications as regulators study whether the deal will lead to higher prices, lower quality, and fewer consumer options.
Gamers take a break: After a multi-year boom, the gaming industry’s lackluster year in 2022 is just a correction. With big titles in development, 2023 could be a blockbuster.
HBO Max is facing cuts, shifting strategies: The streamer could be in for a challenging second half.
Money, expertise needed to keep pace with cyber threats: Investments in cybersecurity are expected to ramp up to meet surging malware and ransomware attacks—but short-staffed security firms could struggle to keep up.
Lululemon looks to international markets for growth: But fast-fashion retailers like Inditex and American Eagle are pulling out of China amid a difficult retail environment.
Big Cloud’s billing problem: Amid market uncertainty, companies aren’t keen on getting cloud bills for tens of thousands more than expected. AWS and others could adopt a winning billing strategy.
TikTok reconfigures its social commerce strategy: As western consumers fail to embrace livestream shopping en masse, the social media platform is forced to dial back expansion plans.
The finserv curtailed the protections, seeking greater flexibility. Is the CFPB stifling innovation instead of promoting it?
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss how inflation got so high and which metrics retailers should be looking at to determine the economic reality of this moment. Then for "Pop-Up Rankings," we rank the top two companies reacting the best to economic uncertainty—and which two are reacting the worst. Join our analyst Sara Lebow as she hosts Briefings director Jeremy Goldman and analyst Zak Stambor.
Shuttering Novi, the crypto wallet that was live for less than a year, could free up resources for a new digital wallet.