April 21, 2023
FullBeauty Brands Agrees to Acquire Eloquii From Walmart
FullBeauty Brands has agreed to acquire Eloquii from Walmart. Eloquii, which focuses on plus-size apparel for women, will join FullBeauty Brands’ suite of fashion websites and will anchor a new...
April 21, 2023
Streaming Gaming Seeks Its Level as Netflix and Amazon Move...
Streaming gaming is heating up as Netflix and other streaming platforms look to add value and engage this lucrative audience, even as the sector reorganizes and major players like Amazon...
April 21, 2023
P&G Invests in Digital as Consumers Shift CPG Spending Online
As consumers shift from supermarkets to eCommerce channels, Procter & Gamble is driving digital sales. The consumer packaged goods (CPG) giant shared on a call with analysts Friday (April 21)...
April 21, 2023
Amazon Launches Industry Partnership to Help Retailers Identify Counterfeiters
Amazon has launched a private-sector partnership working to stop the sale of counterfeit goods. The new Anti-Counterfeiting Exchange (ACX) allows participating stores to share information about counterfeiters to help all...
April 21, 2023
The Rise and Fall of Lululemon’s Connected Economy Venture
During the pandemic, fitness apparel retailer Lululemon purchased a connected fitness company called Mirror in 2020 as a way reach cooped-up consumers. Later renamed Lululemon Studio, the $500 million decision...
April 21, 2023
Walmart’s Latest Streaming Move Aimed at Amazon’s Content Lead
Without much fanfare, Walmart unveiled a new edition of its Google TV stick with updated specs and a revamped remote, competing directly with Amazon’s Fire TV Stick. While the competition...
April 20, 2023
Walmart Business+ Takes the Temperature on Healthcare Procurement
Business credit card issuers are working with major retailers online and in-store to capture and add value to business spend with flexibility and rewards aligned for business users. The latest...
April 20, 2023
Buzzfeed and Insider Reportedly Cutting Jobs Amid Advertising Slowdowns
Two digital media organizations have reportedly made job cuts. Buzzfeed is shutting its news operation and eliminating 180 jobs, while Insider is cutting 10% of its staff, Bloomberg reported Thursday...
April 20, 2023
MercadoLibre Adds 13K Jobs Amid Tech Firm Layoff Wave
As the tech world undertakes layoffs, MercadoLibre is in hiring mode. The Latin American eCommerce giant plans to add 13,000 jobs this year, Chief People Officer Sebastian Fernandez Silva said...
