Higher-income consumers feel the pinch of soaring inflation: US retail sales growth slowed to 2.9% year-over-year in March as spending on big-ticket items slowed.
YouTube plans to roll out its affiliate program to all creators: TikTok is also testing a similar program as social commerce remains a crucial revenue opportunity.
The deal is a sign that Intel is serious about pivoting into the foundry business. Having Arm as a client could make Intel one of the most competitive foundries in the world.
The UK’s cost of living crisis takes a bite out of Tesco’s profits: The company’s profits halved from roughly £2 billion to £1 billion in fiscal 2022 / 2023.
While retail as a whole is looking for ways to deploy generative AI to support operations and enhance customer experience, fashion ecommerce is likely to see some of the biggest impacts.
The Meta-owned company's determination to overcome regulatory hurdles could signal bigger international ambitions
Adding RTP-powered Instant Payouts to its Transfer product helps position Plaid for FedNow’s July launch.
Rent the Runway improved its value proposition: Adding an extra item to every shipment helped the company reach 141,205 active subscribers, the highest count in its history.
US consumers' appetite for luxury is beginning to fade: But rapidly recovering demand from Chinese consumers will allow LVMH, Prada, Kering, and others to maintain their strong momentum.
US retail sales will hit $7.334 trillion this year, according to our forecast, a growth of 3.3% YoY. “Where we’re headed is something of a new normal of slower growth,” said our analyst Zak Stambor.
Amazon sees growth opportunities amid economic challenges: That's CEO Andy Jassy's key message in an optimistic letter to shareholders about navigating difficult terrain. (This article was written with the assistance of ChatGPT.)
An outage Monday downed Apple Music, Radio, and iTunes Match for users in the US, Europe, and Asia. Are persistent outages due to infrastructure or possible cyberattacks?
eBay is giving merchants more opportunities to advertise: The marketplace nearly doubled the amount of premium search ad inventory as it tries to make up for falling sales volumes.
Rivals are likely to spring up for Bloomberg’s recently unveiled generative AI platform. But they won’t have access to its Terminals' data.
Visa+ will connect Venmo and PayPal before expanding to other wallets. Here's what it means for P2P apps.