As another ship runs aground, retailers rethink their inventory strategies: A year after the Ever Given clogged the Suez Canal, the Ever Forward’s predicament shows the global supply chain is as vulnerable as ever.
Walgreens and other major brands joined Mastercard Installments, further sharpening Mastercard’s edge in the BNPL space.
Fully digitized corporate onboarding is a must: A PYMNTS report finding suggests that banks’ prolonged, manual-task-riddled onboarding processes present competitive vulnerabilities for customer acquisition.
Luno’s investing arm leaves stealth mode: Luno Expeditions targets early-stage fintechs and startups focused on crypto and web3, and its focuses put it in a good spot despite mixed investing climates.
Signet Jewelers goes beyond the US ban on Russian diamonds: Its halt to gem purchases demonstrates the growing importance of retailers and brands taking strong public positions in the wake of the invasion of Ukraine.
Why Williams-Sonoma is on track to close 25% of its stores: With higher operating margins online, the retailer rethinks the role of stores as it seeks to shift consumers’ spending online.
Walmart isn’t concerned about the tight labor market: The largest employer in the US plans to hire over 50,000 store and supply workers and another 5,000 technology staff.
Social network user numbers are still rising in the US, UK, and Canada—albeit slowly. This is to be expected as the social media market matures. But the user makeup of the main platforms is changing, and there’s more competition.
Salesforce AppExchange makeover aids discoverability: Back-office enhancements improve much-needed improvements to search capabilities.
The rapid grocery delivery market is finally beginning to consolidate: A rash of M&A activity puts a handful of companies on the path to profitability.
In the US, software startups attracted $121.2 billion in venture capital investments last year, more than triple what those in commercial products and services received, at $39.1 billion. Pharmaceuticals and biotech raised the third-highest amount, with $37.8 billion in venture capital.
On the back of its Azure Health Data Services launch, we unpack how Microsoft is on its way to leading the healthcare cloud market.
Learn how video streaming is evolving. For "In Other News," we discuss what to make of the collective viewership of all major TV events and a surprising stat about Gen Z's relationship with TV. Tune in to the discussion with our analyst Ross Benes.
A laggard in cloud gaming upgrades its platform and strategy: Google Stadia is making a number of changes to improve its standing with gamers and developers alike.