Target takes aggressive measures to shift unsold inventory: The retailer’s decision to offer steep discounts and cancel orders could signal a larger retail slowdown as demand cools.
Otherwise, the Center for European Reform said CBDCs risk becoming an “expensive failure.”
PayPal users can send cryptos to other users free of charge—and to external wallets and exchanges, but they’ll need to pay network fees.
Instagram makes incremental improvements: Some may appeal to advertisers and some to creators—but these are hardly grand slams.
PepsiCo’s Bubly comes out to honor LGBTQ+ community: The brand’s Pride Month campaign includes financial support for safe venues.
Walmart tests alternative fuel trucks, as well as autonomous vehicles: The efforts aim to ensure the retailer is ahead of the curve when it comes to the next wave of transportation.
Klarna is the most popular buy now, pay later (BNPL) service in the US, with 34.8 million users ages 14 and older. Afterpay takes the No. 2 spot with 20.0 million, and Affirm comes in third with 14.0 million.
Values are important, but just one of many drivers. Consumer behavior is also influenced by factors such as price, convenience, and availability of products.
Insider Intelligence spoke with Rachel Jarrett, president and COO of Zola, an online wedding registry, planner, and retailer, about how couples are gearing up—and changing up—the way they say, “I do.”
Usage timers reveal teens are spending hours on TikTok: The platform added features to limit time spent as criticisms of social media reignite.
Uber and Waymo partnership could transform autonomous trucking: Moving past a years-long court battle, the companies are combining their strengths, following a recent trend in tech partnerships.
There’s no end in sight for service workers’ unionization pushes: Employees at a Trader Joe’s in western Massachusetts aim to create the company’s first union.
Teladoc got slapped with a lawsuit alleging it misled investors about its 2022 financial expectations. Fewer COVID-19 concerns and increasing competition could be driving losses.