Nike wants to put a stop to bot buying: The sportswear brand announced more punitive measures to deter resellers as it tries to prevent customers from defecting to resale sites.
Last week, Goodwill launched GoodwillFinds, an ecommerce platform for thrifters across the US.
On today's episode, we discuss whether anyone can help Twitter regardless of who owns it, why physical stores could be the next major media channel, how companies are marketing around this year's World Cup, the significance of Google closing its gaming offering Stadia, how to sell a moment, an explanation of how digital grocery buyers are changing, how far an electric vehicle can go on one charge, and more. Tune in to the discussion with our director of forecasting Oscar Orozco and analysts Ross Benes and Blake Droesch.
The retail labor movement wave keeps building: Workers at Amazon, and Lowe’s are among the latest to petition to unionize.
Kroger and Albertsons look to merge: A deal would create a supermarket giant that would be better able to compete against Walmart.
Amazon finds sequels often fail to match up to the original: Even so it appears to have pulled the holiday season forward, helping the retailer move excess inventory.
In response to market uncertainty, PayPal is pushing further into checkout to grow its in-store traction.
Q3 wasn’t an easy quarter for Meta. Snap is in a tough spot. TikTok was the elephant in the room amid its rivals’ disappointing Q2 earnings calls.
More than 90% of US digital coupon users will access the vouchers via smartphone this year. That figure is increasing slowly as tablet coupon adoption remains fairly stagnant.
A proposed rule would make it easier to reclassify gig workers as employees: That could have severe repercussions for DoorDash, Amazon, Uber, and countless others that rely on the gig economy.
Meta’s Pro Quest: Mark Zuckerberg wants to replace laptops and smartphones with mixed-reality VR headsets, but he could fragment the metaverse by looking too far into the future.
TikTok intends to build its own product fulfillment centers in the US, as evidenced by new job postings on LinkedIn, first discovered by Axios.
TikTok bets on social commerce to deliver significant revenues: The platform is reportedly planning to build its own network of fulfillment centers.
A longer-than-ever holiday season is hurting advertising: Ad effectiveness gets diluted by an endlessly long shopping season that only starts earlier every year.
Colassano noted similarities between TCH’s RTP network pricing and FedNow’s and discussed real-time payment innovations.