Browsing: consumer
Billionaire Steve Cohen’s venture capital arm, Point72 Ventures, is pivoting away from fintech and crypto after laying off its five…
Olive Garden owner’s CEO says fast food is so expensive you might as well have a sit-down meal
Fast food is no longer cheap, and fast-casual chains are benefitting from it. Rick Cardenas, CEO of Darden Restaurants—which owns…
Walmart is becoming the new Amazon as customers make smaller, but frequent purchases: ‘That’s a trend that’s not going to reverse,’ CFO says
As the battle for e-commerce dominance wages on, Walmart CFO John David Rainey says the company has the tools to…
U.S. shoppers can’t shake inflation gloom as consumer sentiment slumps for third straight month
U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own…
OpenAI amazed everyone with their latest AI model, GPT-4o, which can do everything from solving tricky differential equations to translating…
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Growing evidence demonstrates a counterintuitive phenomenon in healthcare: the cash price is often cheaper than insurance prices for the same…
In what’s another sign of growing shopper resistance to high prices, in a recent Prosper Insights & Analytics survey, 41…
The Last Mile Advantage: Research Shows Delivery Experiences Will Drive Consumer Loyalty In 2024
The ecommerce industry has experienced significant shifts, with consumer spending habits and delivery logistics at the forefront of these changes.…