Professional services players don’t think being in the “Russia business” is worth it: Accenture becomes the first major company in the marketing and advertising industry to entirely pull out of the country over its Ukrainian invasion.
Kroger turns to personalization to encourage consumer spending and loyalty: The grocer hopes customized rewards will keep value-conscious shoppers in the fold.
Instacart expands its commitment to diversity: The grocery delivery platform launches an initiative to support women-owned brands for Women’s History Month.
Wendy’s expansion relies on nontraditional retail formats: The fast-food company plans to open up to 200 ghost kitchens in 2022 to better reach underserved markets.
Honda and Sony join forces to design, build, and sell EVs: The alliance foreshadows a blurring of the lines between automakers and tech companies that will reshape personal transportation.
TV squeaks past online and mobile video to become the top video ad channel among US agency and marketing professionals. In October, 47% ranked TV—including connected TV (CTV) and OTT—as the No. 1 video type for achieving their advertising goals. That’s more than the 46% who put online and mobile video in first place.
Tide is turning for tech unionization: The rise of digital media alongside a tight labor market, inflation, and wage stagnation prompts news tech workers to organize. How far behind is Big Tech?
Retailers see little upside to doing business in Russia: Brands such as Apple, Nike, and Farfetch have pressed pause on sales to the country.
Worldline partnered with Japan-based Vesca to process digital payments, which can give it an early mover advantage as cashlessness grows.
Uber’s new “Explore” tab makes it a major advertising player for events: The ridesharing app will recommend events and restaurants to users and allow them to purchase tickets.
Zeller’s stats should worry incumbents: The Australia-based SMB neobank said it signed up more than 10,000 customers—and that 80% of them switched from established banks.
It will bring back transfers between the countries through Walmart2Walmart, focusing on low transaction fees.
Europe’s trading app space is crowded, but it’s not full: France-based Shares and UK-based Freetrade each plan rollouts one the continent and might not need a first-mover advantage.