Your Daily QuickWit
Here are the top stories of the day in retail:
- TikTok rolls out new advertising features
- Instacart taps new exec to head global ad sales
- PepsiCo posts Q4 results
- CVS posts Q4 results and set to acquire Oak Street Health
- And more!
Decoding Google’s AI Ambitions (and Anxiety)
Decoding Google’s AI Ambitions (and Anxiety) Anyone who’s experimented with ChatGPT can get a sense of the potential of generative AI—even
TikTok Rolls Out New Advertising Features Aimed at SMBs, Creators
TikTok has added several new features to its Promote advertising platform aimed at helping creators and small businesses more easily turn
Instacart taps iHeartMedia exec to head global ad sales
Dive Brief: Instacart announced Wednesday it has hired Tim Castelli as its new vice president of global advertising sales. Castelli is coming to
PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
KEY POINTS PepsiCo’s fourth-quarter earnings and revenue topped Wall Street’s estimates. The food and beverage giant’s price hikes to mitigate inflation
CVS beats on 4Q sales, earnings
WOONSOCKET, R.I. — CVS Health topped analysts’ expectations for fourth-quarter sales and earnings, led by strong insurance and retail results. Earnings
CVS Health to acquire Oak Street Health
WOONSOCKET, R.I. — CVS Health has agreed to acquire Oak Street Health in a $10.6 billion deal that will expand CVS’s
