Retail sales are expected to grow between 6.5% and 8.2% or $4.3 trillion and $4.4 trillion this year, the National Retail Federation projected Wednesday, citing the reopening of the economy and vaccination efforts as propelling what could prove to be the fastest growth since 2004. Online or non-store sales in particular are expected to jump…
Could Jeep Cherokee Be Next to Rebrand as Tribe Calls for Change?
The Cherokee Nation, a sovereign tribal government in Oklahoma, has asked automaker Jeep to rebrand the SUV models that have used its name for more than 40 years. Car and Driver magazine was first to report the news, quoting Chuck Hoskin Jr., principal chief of the Cherokee Nation, as Jeep prepares to launch the 2022…
Catalina Sues Quotient in a Clash of the Coupons
Catalina filed suit in a Florida Court this morning alleging that rival coupon and in-store marketing data outfit Quotient engaged in “illegal, below-cost pricing” practices that caused harm to both businesses and consumers alike. Per the legal filing, Quotient has offered below-cost pricing to retailers that prevents Catalina from providing its in-store coupon marketing services…
Tesla Quality Issues Threaten Its Dominance in China EV Market | WSJ
Here’s How All the Smart TV and Connected TV Platforms Measure Up
There’s more ways to consume content than ever before, and the coronavirus pandemic has only supercharged existing trends, making smart TVs one of the fastest growing marketplaces. Time spent streaming grew 44% year-over-year between the fourth quarters of 2019 and 2020, led by smart TVs with a massive 157% increase in viewing hours, according to…
Fry’s Electronics Abruptly Shuts Down After 35 Years in Business
Fry’s Electronics became the latest in a long line of pandemic-related retail closures today when it announced the sudden shutdown of all 31 of its stores across nine states. In a statement posted to the retailer’s website, the chain blamed changes in the retail industry and challenges around the Covid-19 pandemic. Top line Founded in…
Clubhouse: How to Pause Notifications
Did you know that Clubhouse allows you to temporarily pause the application’s notifications so that you won’t receive alerts for a set amount of time? You can choose from multiple lengths of time, depending on your preference. Our guide will show you how this works. Note: These screenshots were captured in the Clubhouse app on…
Instagram Marks Women’s History Month With Video Series TogetHER
Instagram unveiled video series TogetHER Wednesday with the aim of sharing the stories of women entrepreneurs with Women’s History Month coming up in March. TogetHER was created, developed and produced by Asas.br.com, an “international collective of creative intelligence,” and Asas.br.com and Instagram worked together to find and cast subjects. The videos will appear on @instagramforbusiness…
Politico Europe Hires Nicolas Sennegon as Chief Revenue Officer
Politico Europe announced today that Nicolas Sennegon was its new chief revenue officer. Sennegon previously served as chief commercial officer at The Economist Group. Top line Sennegon, who will start March 1, is replacing Darianna Gessner, who left in June to become vp of enterprise partnerships for Politico. “I’m looking forward to joining the team…
P&G’s Marc Pritchard to Chair Adweek’s Sustainability Council
Adweek has formed a new Sustainability Council, and its first gathering is already on the calendar–virtual, of course–set for April 6-7. The council and the event are an outgrowth of Adweek’s focus on corporate sustainability efforts. Marc Pritchard, chief brand officer of Procter & Gamble, will chair the council alongside Adweek’s Nadine Dietz. “The people…