BigTech

  1. Retailer Media

Retail Media will add Fuel to the Fire for M&A in AdTech

If you think those “sponsored” products on Amazon are an innocuous little niche of advertising, think again. Those sponsored positions are what are now known as retail media, which has become the third-largest U.S. digital advertising channel after paid search and paid social campaigns. Even more impressive, eMarketer expects it to nearly double, from $31 […]
4 min read
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  1. Technology & Innovation

Alphabet to Cut 12,000 Jobs, ‘Sharpen Focus’ on AI Offerings

Google parent company Alphabet is following in the footsteps of fellow tech giants Amazon and Microsoft in making the “difficult decision” to lay off approximately 12,000 employees, according to a letter from CEO Sundar Pichai sent to employees on Jan. 20, 2022. Titled A Difficult Decision to set us up for the Future, Pichai — […]
2 min read
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  1. Technology & Innovation

Here are six big technology related takeaways from this week’s retail results

Many UK retailers reported strong Christmas performances this week, with Tesco, M&S, Sainsbury’s and the discounters leading the way, albeit in part fuelled by inflation. In this article, we look at the key retail technology takeaways from an eventful five days of festive results. 1. Never underestimate the power of Click and Collect Marks and […]
4 min read
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  1. Technology & Innovation

Sidewalk Delivery Robots Hit Speed Bumps, Potholes

Axios writes that “sidewalk delivery robots are cute and cool, but pilot tests in four U.S. cities found that it takes more than smart technology for a successful deployment.” The story goes on: “The pilots — in Pittsburgh, Miami-Dade County, Detroit and San Jose — originally sought to examine the socioeconomic changes that autonomous vehicles […]
2 min read
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  1. Technology & Innovation

What Happened To Amazon’s Employees After AI Automated Their Work

Last week, I published an excerpt from my book, Always Day One, about how Amazon automated work in its corporate offices. This week, let’s look at what happened to the employees whose tasks it automated. Thank you so much to those who picked up Always Day One last week. If you’re interested in checking it […]
5 min read
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  1. Technology & Innovation

It was a banner year for not-so-great tech headlines

The year 2022 may mark a turning point in the trajectory of many tech giants. Meta, shedding billions per quarter, mainly due to over-investment in virtual reality technology, laid off 13 percent of its workforce, Twitter suffered at the hands of the Elon Musk takeover to the point of facing bankruptcy and even Amazon seems […]
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  1. Shopper & Customer

Misplaced Antitrust Priorities May Actually Hurt Consumers

The Information has a second-day piece that offers some context and analysis regarding yesterday’s story about Amazon settling two European Union antitrust cases – not paying a fine, but agreeing to change business that regulators said hurt third-party sellers on its Marketplace platform. An excerpt: “Amazon agreed to let merchants selling under the Prime label […]
2 min read
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  1. Technology & Innovation

Why Silicon Valley Didn’t Anticipate The Covid Comedown

One by one, the tech CEOs apologized. They had failed to anticipate people’s behavior would return to normal once Covid restrictions lifted. So their projections for growth — in streaming, ecommerce, and the like — were way off. With expenses mounting and growth stagnating, they’d need to cut costs dramatically. Mass layoffs were coming. “This did […]
4 min read
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  1. Channel: Ecommerce & Digital

Amazon To Launch Total-Business Cost Cutting Review

The Wall Street Journal reports that Amazon CEO Andy Jassy has launched a “cost-cutting review of the tech giant and paring back on businesses at the company that haven’t been profitable.” According to the story, “The review reflects Mr. Jassy’s intense interest in reducing expenses and focus on profits in recent months, some of the […]
3 min read
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  1. Technology & Innovation

Venture capital will soon be brimming with ghosts

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. “There’s more dry powder powder than ever before.” “There’s never been a better time to start a startup.” “Discipline is the new scale.” (OK, OK, […]
5 min read
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  1. Channel: Ecommerce & Digital

Amazon Raises Red Flags With Q4 Projections

Amazon yesterday released its Q3 results, but shook the marketplace by projecting that its Q4 net sales “are expected to be between $140.0 billion and $148.0 billion, or to grow between 2% and 8% compared with fourth quarter 2021 … Operating income is expected to be between $0 and $4.0 billion, compared with $3.5 billion […]
2 min read
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  1. Retail Ecosystem

Groceryshop 2022: Top Retail Influencers’ Key Takeaways

The RETHINK team visited Las Vegas from September 19-22 for Groceryshop 2022. While there, we had the opportunity to speak with many of our Top Retail Influencers and learn about their event experience. #TRI2022 members- Ricardo Belmar, Michael LeBlanc, Jeff Roster, Melissa Minkow, Bryan Gildenberg, Andrea Leigh, and Stewart Samuel- all shared their thoughts on […]
5 min read
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  1. Media & Marketing

Elon Musk’s Text Exchanges Show Twitter Deal Going Off The Rails

Big Technology is a weekly newsletter dedicated to covering the tech world with honest, nuanced reporting. Join the 80,000+ subscribers who tune into Big Technology for tech news without the spin. Here’s an easy way to subscribe: Subscribe now Join us in Santa Clara on 10/18 and 10/19. On Thursday afternoon, the Delaware Chancery Court […]
9 min read
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  1. Shopper & Customer

The Store Reimagined: 3 Tips for Delivering Tomorrow’s Retail Experience Today

There are few in retail circles who would argue that the role of the store is the same as it ever was. With the rate of change accelerating like never before, consumers are throwing new challenges at retailers faster than they can implement solutions. It’s no wonder that many retailers seem to be in a […]
5 min read
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  1. Shopper & Customer

The Most Searched Consumer Brands in 2022

View the full-size version of this infographic. The Most Searched Consumer Brands in 2022 View the high resolution of this infographic by clicking here. In today’s fast-paced world, a strong brand is a powerful asset that helps a business stand out in a sea of competition. What are some of the most popular brands around […]
3 min read
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  1. Technology & Innovation

In leaked memo, Aurora CEO weighs spinouts, layoffs and acquisitions against sale to big tech

The chief executive of autonomous vehicle developer Aurora Innovation presented a swath of cost-cutting and cash-generating options to its board, ranging from a hiring freeze and spinning out assets to a small capital raise, going private and even selling itself to high-profile tech companies Apple and Microsoft. The ideas, all aimed at shoring up its […]
4 min read
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  1. Technology & Innovation

Building a Metaverse World with a Real-World Economy

When Kevin Beauregard talks about the economy of his forthcoming racing game, ExoGP, the CEO of gaming developer Atmos Labs wants to talk about ownership, not earning. The metaverse-focused game’s core is the exosuit, a sort of armored wingsuit built on a nonfungible token (NFT) that lets you build and add other NFT-based components onto […]
4 min read
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  1. Media & Marketing

Snap agrees to $35 million settlement in Illinois privacy lawsuit

Snap, the parent company of Snapchat, has reached a $35 million settlement in a class action lawsuit in Illinois. The suit alleges that Snapchat’s filters and lenses violated Illinois’ Biometric Information Privacy Act (BIPA), which is a powerful state measure that has tripped up tech companies in recent years. The news was first reported by […]
2 min read
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  1. Operations & Supply Chain

Amazon Fresh poaches Asda veteran for new central operations position

Amazon Fresh has appointed Asda veteran Lousie Bagshaw as to a new central operations position. She joins the tech giants grocery arm from the Big 4 grocer, where she spent… The post Amazon Fresh poaches Asda veteran for new central operations position appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Acquisitions, Divestitures & Mergers

Why Amazon May Be On An Acquisition Binge

The Information has a piece suggesting that there is a reason that Amazon has gone on what looks like an acquisition binge… “We’re learning how Amazon plans to deal with Federal Trade Commission Chair Lina Khan’s anti–tech acquisition policy – by striking so many deals that the FTC will have a hard time fighting them […]
2 min read
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  1. Technology & Innovation

How Advanced Site Search Delivers a True Omnichannel Shopping Experience

As consumers return to in-person shopping, businesses everywhere are moving quickly to include the best parts of physical retail in the online customer journey. But retailers looking to take features from brick-and-mortar shopping and port them over to the online experience are thinking about it in the wrong way. Success in this new age of […]
4 min read
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  1. Technology & Innovation

Amazon Buying iRobot, Maker Of Roomba Vacuum, For $1.7 Billion

The Information reports that Amazon on Friday announced that it is acquiring iTobit, the manufacturer of the Roomba automated vacuum cleaner, for $1.7 billion. CNBC writes that “the acquisition marks Amazon’s fourth-largest deal, behind its $13.7 billion purchase of grocery chain Whole Foods in 2017, its $8.45 billion purchase of film studio MGM last year, […]
3 min read
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  1. Media & Marketing

Who you gonna call? Good question

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Young startups often thrill early adopters by offering outstanding customer service with a personal touch. Many Big Tech companies, on the other hand, are […]
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  1. Trends & External Forces

Friday Eye-Opener:  Is It Possible To Guarantee Competition By Stifling Competition?

by Kevin Coupe The “On Tech” newsletter written by Shira Ovide for the New York Times has a fascinating piece this week about how US regulators are suing to stop the acquisition of publisher Simon & Schuster by Penguin Random House, which would “shrink the number of large American publishers of mass-market books from five […]
3 min read
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  1. Technology & Innovation

FTC Lawsuit Shows Faith in Meta’s Trillion-Dollar Metaverse Ambitions

The Federal Trade Commission (FTC) just sued to block Meta from acquiring a VR company, saying it would put the social media giant “one step closer to its ultimate goal of owning the entire ‘Metaverse.’” That’s something CEO Mark Zuckerberg had better get on with, given the dismal Q2 earnings report the company released on […]
4 min read
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  1. Media & Marketing

Augmented Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline

Just nine months into its new life as Meta Platforms and the social media giant’s money-losing pivot to the metaverse and augmented reality has slammed head-on into economic reality. Not only did the renamed parent company of Facebook, Instagram, WhatsApp and Reels just deliver its first-ever decline in sales, but CEO and Founder Mark Zuckerberg […]
3 min read
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  1. Technology & Innovation

The outlook is getting more complicated for Meta’s virtual reality dreams

For an industry that rarely has major news anymore, this was an awfully big week for virtual reality. Unsurprisingly, all of the important data points are related to the industry’s sole benefactor these days, Meta, which managed to raise the cost of entry to its VR ecosystem, find itself in a new battle with the […]
3 min read
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  1. Acquisitions, Divestitures & Mergers

How Amazon’s One Medical Acquisition Could Stimulate Sector Growth

The Boston Globe  has an interview with Chris Bischoff, who helps lead health care investing at Cambridge-based venture capital firm General Catalyst, in which he suggests that Amazon’s planned acquisition of the One Medical health care system could prompt activity around other healthcare startups. “We’ve clearly seen these big tech companies come in … I’m […]
2 min read
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  1. Data & Insights

As Africa’s digital economy grows, expensive internet hinders investor activity in some countries

A new report detailing the cost of mobile data in different markets across the world, bears the evidence of why internet use in most of Africa remains low despite the growing broadband internet coverage. The Worldwide Mobile Pricing 2022 report, which surveyed 233 countries, shows that five of the 10 most expensive countries to buy […]
2 min read
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Editor’s Choice

  1. International
  2. Department: Food
  3. Acquisitions, Divestitures & Mergers
  4. Corporate Finance
  5. International
  6. Trends & External Forces

Mondelēz International Reports Q4 and FY 2022 Results

Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […]
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  1. Technology & Innovation
  2. Technology & Innovation
  3. Trends & External Forces
  4. Associates & Employees

Robots could surpass workers at Amazon by 2030, Cathie Wood says

KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […]
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  1. Channel: Dollar/Value
  2. Department & Category
  3. ESG
  4. Partnerships & Alt Profit
  5. International
  6. Stores & Formats

Aldi expands Too Good To Go partnership nationwide following successful trial

Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […]
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  1. Shopper & Customer
  2. Channel: Ecommerce & Digital
  3. Channel: Grocery
  4. Department & Category
  5. Department: Nonfood
  6. Corporate Strategy
  7. Corporate Finance
  8. Media & Marketing
  9. Retailer Media
  10. Agencies & Vendors
  11. Data & Insights
  12. Shopper & Customer
  13. Technology & Innovation
  14. Trends & External Forces
  15. Retail Operations
  16. Stores & Formats

dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. Grocery
THE GROCERS BEST ‘BUILT TO LAST’

H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […]
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  1. Data & Insights
  2. Department & Category
  3. Department: Food
  4. Data & Insights
  5. Shopper & Customer
  6. Trends & External Forces
  7. Associates & Employees
  8. Holiday & Events

Charted: U.S. Egg Prices More Than Double in 2022

Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […]
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