Stripe cut its internal valuation by 28%, but we look at why it’s still better off than other tech startups.
Starbucks is re-evaluating its UK presence: Intense competition, rising costs, and changing consumer habits could force the coffee chain to sell its UK stores.
Nike invests in store concepts as part of its D2C push: The brand’s latest format, Nike Style, combines physical and digital experiences to draw shoppers in.
On today's episode, in our "Retail Me This, Retail Me That" segment, we discuss the current relevance of Prime Day, what to make of a second Prime Day in the fall, and which categories we should be watching. Then for "Pop-Up Rankings," we rank the top three reasons consumers might have opted out of Prime Day. Join our analyst Sara Lebow as she hosts analyst Andrew Lipsman.
Amazon wants shoppers to trust reviews: That’s why it is aggressively going after bad actors who orchestrate fakes.
Amazon uses inflation to drive home its value-priced focus: the company is using humor at a time when many brands are shying away from it.
JPMorgan, Citi, and Wells Fargo reported strong card spending in Q2, but inflation and recession fears made them pivot to a more defensive posture.
On today's episode, we discuss why the new Wells Fargo credit card is significant and the short- and long-term challenges of credit card companies. "In Other News," we talk about what to make of the market value free fall of buy now, pay later giant Klarna and why Meta is ending the pilot for Novi, the company's digital wallet. Tune in to the discussion with our analysts David Morris and Jaime Toplin.
Pinterest wants to be more than just shopping inspiration: The platform’s evolution into a full-funnel commerce app has caught the interest of activist investor Elliott Management.
Consumers spent more in June, but confidence remains low: Shoppers contend with reduced spending power as inflation wreaks havoc on budgets.
Shopify’s attempt to build the next super app hits a wall: Downloads for the ecommerce company’s consumer-facing app are down as Amazon beats back its business.
ByteDance looks to extend its app hits and take on a rival: TikTok’s owner launches recommendation app Kesong in the China market to challenge Tencent.
Supply chain issues have eased back from their pandemic peaks: But there are plenty of challenges ahead and slowing consumer demand could lead to a new issue: inventory pileups.
The updated version offers more generous rewards for purchases at US gas stations and online purchases. We weigh whether that’s enough to capture consumers’ attention.
CTV and upper-funnel campaigns see the biggest cuts: Economic uncertainty is causing advertisers to pull back their spending.