Kroger’s new CEO Greg Foran is signaling a shift in strategy toward sharper pricing and stronger digital engagement as the grocery giant looks to accelerate sales growth. Reporting its Q4 earnings Thursday (March 5), the newly appointed chief executive outlined a plan centered on better...
Gains in eCommerce, same-day delivery expansion and stepped-up artificial intelligence personalization framed Target’s fourth quarter as an inflection point, even as overall comparable sales remained negative. CEO Michael Fiddelke said in a Tuesday (March 3) earnings press release that the company seeks to deliver “an...
Best Buy is focused on digital innovation as shoppers continue to show caution. The electronics retailer released quarterly earnings results Tuesday (March 3) that showed a 0.8% dip in sales as consumer demand softened during the holiday season. With high interest rates and inflation continuing...
Growth in eCommerce, iGaming and digital wallets shaped Paysafe’s fourth quarter, offering a counterweight to some softness in its SMB channel and setting an optimistic tone from management on the Tuesday (March 3) conference call as the company moves into 2026. Chief Executive Bruce Lowthers...
ThredUp credited artificial intelligence (AI) with boosting its results in the fourth quarter by reducing the friction involved in shopping for secondhand goods. The online resale platform for apparel, shoes and accessories has deployed AI solutions across product search, discovery, ad buying, recommendations, photography, measurement...
Duolingo said Thursday (Feb. 27) that it plans to shift its focus from financial growth to user growth amid a challenge posed by artificial intelligence. Louis von Ahn, co-founder and CEO of Duolingo, said in a Thursday earnings release that the mobile learning platform surpassed...
Blockchain-native capital marketplace Figure Technology Solutions saw its Consumer Loan Marketplace volume double year-over-year in the fourth quarter. The volume rose 131% over that period to reach $2.7 billion in the fourth quarter, the company said in a Thursday (Feb. 26) earnings release. Figure Connect,...
Block’s massive staff cuts dominated the news surrounding its fourth quarter earnings release and conference call Thursday (Feb. 26). As the company culls its workforce from more than 10,000 employees to just under 6,000, Block also used the call to point to accelerating growth in...
Artificial intelligence (AI) and machine learning are playing a key role in TD Bank Group’s “No. 1 priority,” its U.S. anti-money laundering (AML) remediation program, an executive said Thursday (Feb. 26) during the bank’s first quarter 2026 earnings call. TD Bank continued to make progress...