The lipstick effect powers Ulta Beauty past $10 billion in revenues: Despite trade-downs elsewhere, consumers’ appetite for premium beauty brands continues to grow. (This article was written with the assistance of ChatGPT.)
It took a £10 million stake in Yoti, which markets customer-friendly compliance solutions for financial services and other industries.
The digital game storefront market shouldn’t be overlooked: Epic Games is taking shots at industry leader Valve’s loose rules in the standard-setting storefront space.
The labor market is extremely challenging for retailers and restaurants: Quit rates are on the rise, which is making it difficult for companies seeking to improve the customer experience.
This year, we forecast that Walmart’s digital ad revenue growth will outpace Google, Meta, and even Amazon. This success is driven by updates made to Walmart’s retail media platform as well as partnerships to help advertisers activate across channels like social and connected TV. “You know [how they say] crawl, walk, run? We’re getting to that walk/run phase now where our platform is maturing,” said Rich Lehrfeld, senior vice president and general manager at Walmart Connect.
Paid sharing will cost Netflix viewership in 2023: The streamer must avoid losing the long-term loyalty of Gen Z.
They launched BMO Bill Connect, which helps SMBs automate bill pay, digitize invoicing, and monitor cash flow.
Adidas will rely on wholesale to help dig it out of its Yeezy hole: But weak demand from retail partners could delay its comeback.
The mix of flexible working arrangements banks and fintechs offer could create recruitment advantages for opportunistic firms.
Macroeconomic headwinds and tight competition might’ve complicated Affirm’s growth efforts in Australia.
Shopee’s strong Q4 helped power Sea Ltd to its first quarterly profits: The ecommerce marketplace used its dominance to extract more fees from sellers, even as gross orders fell.
Widespread and persistent discounting hurt thredUP’s sales in Q4: But the resale platform thinks the tide will turn in 2023 as retailers trim inventories and shoppers look for deals.
Threecolts wants to help Amazon sellers level the playing field: The London-based startup raised $90 million to give merchants the tools they need to build a sustainable business on the marketplace.
In-store shopping remains the largest US retail channel by both share and dollars. Growth overall will decelerate as economic worries lead consumers to pull back on spending.