1. Uncategorized

Why the Video Game Industry Is in Trouble

Written by Posted on Less than 0 min read

Although the video game industry appears to be huge on the surface, the numbers show that it’s actually in trouble.

View Original Article
Member since
RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional headline reporting. Each business morning, our editors post timely topics worthy of commentary by the RetailWire BrainTrust panel of industry experts and general readership. The results are virtual round tables of industry opinion and advice covering the most dynamic trends and issues affecting the retailing industry. https://retailwire.com/
Do you like RetailWire's articles? Follow on social!

More from RetailWire

  1. Uncategorized

High-Speed Rail Linking Las Vegas to Southern California Is Underway

Ground has been broken for a new high-speed rail line connecting Las Vegas to Southern California. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that goes well beyond conventional […]
< 1 min read
0
  1. Channel: Specialty & Other

Bed Bath & Beyond seeks reverse stock split to avoid bankruptcy

Bed Bath & Beyond has proposed a reverse stock split in the range of one-for-10 or one-for-20 to boost its share price and protect its ability to raise funds. The retailer’s shares hit a record low value of 31 cents in trading yesterday. View Original Article Bankruptcy Bed Bath & Beyond RetailWire Member since October […]
< 1 min read
0
  1. Channel: Delivery

DoorDash sees a spike in food delivery demand

DoorDash reported a 40 percent year-over-year gain in revenues during the fourth quarter of 2022 and ended the year with a record 32 million monthly users. The company reported that the number of people with DashPass subscriptions rose to 15 million, up from 10 million a year earlier. View Original Article Delivery DoorDash Dept. Grocery […]
< 1 min read
0
  1. Trends & External Forces

Congress to answer President Biden’s call to avert rail strike

Nancy Pelosi has said that the House of Representatives will take up a bill to avert a national rail strike following President Joe Biden’s call for Congress to act. “What we need to do right now is avoid the strike,” said Ms. Pelosi. “We will act tomorrow morning, Wednesday, send the bill over to the […]
< 1 min read
0
  1. Media & Marketing

Ohio Federal Judge Pauses Social Media Law Enforcing Parental Consent for Kids’ Accounts

A law in Ohio governing the social media accounts of kids may be breaching the First Amendment in “breathtakingly blunt” ways, and a federal judge has ruled that it cannot take effect next week as initially planned. View Original Article Marketing: Social Media ESG and CSR RetailWire Member since October 25, 2020 Loading + Follow […]
< 1 min read
0
  1. Shopper & Customer

Bud Light launching new ad campaign

Bud Light is launching its new “Easy to Summer” ad campaign using a light-hearted approach to connect with consumers. “Bud Light established our Easy to Drink, Easy to Enjoy platform at the Super Bowl, and we are continuing to build on that message as we unveil our new ‘Easy to Summer’ commercial to officially kick… […]
< 1 min read
0
  1. Technology & Innovation

New Apple Card savings account pays 4.15 percent interest

Apple is launching a savings account through Goldman Sacks that pays a 4.15 percent interest rate with doesn’t require a minimum deposit or balance. The tech giant said users could set up an Apple Card savings account from the Wallet app on their iPhones. Daily Cash rewards earned using the ApplreCard will be automatically deposited […]
< 1 min read
0
  1. Media & Marketing

Facebook parent Meta cutting 13 percent of its workforce

Facebook parent company Meta is laying off 11,000 employees, about 13 percent of its corporate workforce. “At the start of Covid, the world rapidly moved online and the surge of e-commerce led to outsized revenue growth,” Meta CEO Mark Zuckerberg wrote in a blog post to employees. “Many people predicted this would be a permanent […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Third-party sellers game Amazon’s search to earn best-seller label

Some companies selling goods on Amazon.com are putting strong sellers in slow categories so that their items list as a best-seller in the site’s search results. “Customers are less inclined to look closely at details, since they are using a smaller screen and probably shopping and buying faster compared to purchasing on a desktop or […]
< 1 min read
0
  1. Associates & Employees

Jobless numbers reflect ‘very tight’ labor market

The Dow rallied yesterday on the back of the weekly unemployment report from the Labor Department showing a slight increase to 225,000 initial claims vs. the previous week. Economists see ongoing stability in the labor market, however the report’s continuing claims number increased to 1.71 million, the highest since February, signaling that laid-off workers may […]
< 1 min read
0
  1. Trends & External Forces

EU Hits Apple With $2 Billion Antitrust Fine

In a landmark decision, Apple faced a hefty fine of 1.84 billion euros, marking its first violation of EU competition regulations. The penalty stems from allegations of hindering competition in the music streaming market through App Store restrictions. View Original Article Streaming Marketing: Digital Media Legal & Criminal Competition Government RetailWire Member since October 25, […]
< 1 min read
0
  1. Corporate Strategy

Demand for luxury watches remains high as prices moderate

Demand for luxury watches in the secondary market has remained steady as prices fell eight percent last year. “I don’t see prices going much lower,” said Francois-Henry Bennahmias, CEO of Audemars Piguet. “People still want to reward themselves, and when they want to reward themselves, they will look at the most respected companies, in watches, […]
< 1 min read
0
  1. Media & Marketing

Smaller advertisers move to Twitter as big marketers shy away

Direct response and other small advertisers are running more ads on Twitter as many large marketers have ended or cut back advertising on the social media site since Elon Musk acquired it. “It’s almost like watching [HSN], but on a Twitter feed,” said Nii Ahene, chief strategy officer at Tinuiti. “‘$9 for this oven mitt […]
< 1 min read
0
  1. CPG: Food

America’s largest egg producer reports a 718 percent gain in profits

Cal-Maine Foods, the largest egg producer in the United States, saw its sales double year-over-year in the quarter ending February 25. The company’s quarterly profits jumped 718 percent as it raised prices. The total number of eggs sold inched up one percent. View Original Article Dept. Dairy RetailWire Member since October 25, 2020 Loading + […]
< 1 min read
0
  1. Media & Marketing

Meta gets hit with a record $1.3 billion GDPR violation fine

The European Union has hit Meta with a fine of $1.3 billion for transferring the personal data of people within its member states to servers in the U.S. Meta has been ordered by the EU to stop the practice, violating General Data Protection Regulation (GDPR) law. “Facebook has millions of users in Europe, so the… […]
< 1 min read
0
  1. Department & Category

New Oh! Mega Milk facial oil promo pairs nicely with Jiffy Lube

Beekman’s 1802’s new Oh! Mega Milk answers consumers’ chief complaint that facial oils are too greasy. The company’s formula uses a process that helps its absorption and eliminates the heavy feeling associated with other products. Beekman turned to an unusual partner – Jiffy Lube – to get the word out about its new product. “The […]
< 1 min read
0
  1. Corporate Finance

Oklahoma City Is Aiming for America’s Tallest Building

Matteson Capital intends to reshape the Oklahoma City landscape with a daring new plan. The company seeks approval to construct America’s tallest building, now tipped to reach an astonishing 1,907 feet. View Original Article Results & Investment Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online […]
< 1 min read
0
  1. Associates & Employees

U.S. added 311K jobs in February

The U.S. economy added a better-than-expected 311,000 jobs in February, according to the Bureau of Labor Statistics. The national unemployment rate ticked up to 3.6 percent. “The entire labor market is cooling off,” said Luke Tilley, chief economist at Wilmington Trust. “But it’s still incredibly tight. It’s just not as tight as it was in […]
< 1 min read
0
  1. Trends & External Forces

2024 Toyota Tacoma Hybrid: A Closer Look

Toyota has unveiled the 2024 Tacoma Hybrid, and it’s making waves in the midsize pickup segment. View Original Article BOPIS Predictions and Forecasts RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a free resource for over 18 years with compelling content that […]
< 1 min read
0
  1. Uncategorized

Bayer To Pay $2.25B After Roundup Weed Killer Found To Cause a Man’s Cancer

A Pennsylvania landscaper has won a record payout from Bayer. He maintained that the company’s weed killer Roundup caused his blood cancer, and for that, he was awarded $2.25 billion. View Original Article RetailWire Member since October 25, 2020 Loading + Follow Following RetailWire is retailing’s premier online discussion forum, serving the industry as a […]
< 1 min read
0
Next