Party City falls short of analysts’ expectations in Q1: Like many retailers, the party supplies merchant is struggling to deal with COVID-19 spikes, supply chain issues, and inflation.
Across generations, retirement is the No. 1 investing goal in the US. That said, Gen Z is far more likely to focus on getting rich or learning to invest than older age groups. While 81% of baby boomer investors have their eye on retirement—no surprise as they approach that milestone—just 35% of Gen Z investors consider it their main priority.
The number of internet users in Southeast Asia will grow 3.1% year over year in 2022, making it the second fastest growing region in the world.
Apple wants a bigger slice of the digital ad pie: The tech giant is reexamining its services category for more streaming and advertising opportunities.
Unilever and Coca-Cola take a pared-down approach to D2C: Both companies are looking to smaller retail initiatives to test customer demand and gather data.
Best Buy broadens its focus beyond electronics as consumer spending shifts: The retailer is adding outdoor furniture, beauty, and e-transportation to its stores in a bid to maintain pandemic-era gains.
Online grocery order volume drops 5.8% in April: With inflation driving up food prices, many consumers are shopping in-store to hunt for deals and to avoid delivery fees.
Heavily-edited beauty and fashion ads strike a negative chord with consumers: Online responses and consumer spending habits show that edited photos hurt brands.
GM gets bullish on EVs: GM thinks it can outmatch Tesla in the EV race by focusing on more-affordable options for cars and trucks. But can it keep up with the competition?
The end of the public health emergency could eliminate telehealth access for many socioeconomically disadvantaged Medicare patients.
On today's episode, we discuss how Spotify performed in Q1, what's driving its subscriber engine, and whether its expected hi-fi streaming tier can help move the needle. "In Other News," we talk about whether gaming is critical to brand objectives and what to make of Pinterest's mixed signals. Tune in to the discussion with our analyst Daniel Konstantinovic.
XBox Live goes down globally: The game streaming service and games on devices were inaccessible as its cloud service went down. The trend of outages for high-bandwidth, high-traffic services continues.
Franchise films carried AMC through the first quarter: A slew of superhero films boosted AMC ticket sales despite a COVID-19 surge
Lower internet costs, faster speed could propel broadband adoption: The White House, members of Congress, and 20 ISPs are on board to connect low-income households, but ongoing fiber shortages could delay efforts.
No green thumb needed: Researchers have developed a wearable device for plants. Paired with automation, it could make growing crops and gardens easier, but overreliance and cybersecurity pose big risks.
Cost-cutting and layoffs could hurt employer branding: Companies risk losing their employer reputations as they scale back to protect profitability.