Category Archives: in-article

Amazon adds Tik-Tok style shopping feed to its app

Published: December 9, 2022   By: George Anderson

Amazon.com is adding Inspire, a short-form video and photo feed, onto its app. The feature will allow shoppers to see product content created by brands, customers and influencers. Inspire is being rolled out to select customers in the U.S. early this month before becoming more broadly available in 2023.

NY and NJ brings in more imports than LA and Long Beach

Published: December 9, 2022   By: George Anderson

The Port of New York and New Jersey have moved a record level of cargo this year and, in the process, supplanted Los Angeles and Long Beach as the busiest ports in the nation. More cargo is being shipped to East and Gulf Coast ports after backups caused supply chain delays in late 2021.

Retailers are ditching free online returns

Published: December 9, 2022   By: George Anderson

Retailers including Abercrombie & Fitch, Anthropologie, H&M, J.Crew and Zara now charge customers stocking fees for returned merchandise. Americans returned 47 percent of the items they ordered online this year, according to parcelLab.

FTC sues to scuttle Microsoft’s deal for Activision Blizzard

Published: December 9, 2022   By: George Anderson

The Federal Trade Commission has sued to block Microsoft’s $69 billion deal to acquire Activision Blizzard. Commissioners by three to one voted to file a suit citing the harm an approved deal would do to consumers. “Microsoft has already shown that it can and will withhold content from its gaming rivals,” said Holly Vedova, director of the FTC’s Bureau of Competition. “Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fast-growing gaming markets.” Microsoft said it would contest the suit in court.

Cannabis sales fall below pandemic highs

Published: December 9, 2022   By: George Anderson

Sales of marijuana in medical dispensaries and retail stores have fallen year-over-year after posting big gains during the pandemic, according to Headset. “What we saw in 2020 was a massive spike in sales tied to the pandemic as people stayed home, had government stimulus money and not a lot to do,” said Chris Wash, CEO of Marijuana Business Daily.

Economic data doesn’t support gloom and doomers

Published: December 8, 2022   By: George Anderson

Corporate CEOs, analysts, portfolio managers and business news pundits talk about the U.S. economy as if it is currently in the tank or will very soon be there. The data doesn’t support these negative views as the job market remains strong, wages are up, consumers are spending and the nation’s economy continues to grow.

Gen Z votes for brands they value

Published: December 8, 2022   By: George Anderson

Gen Zers have turned out in big numbers in recent elections to vote for politicians who support the values they hold. The same is true of brands who have the choice to get on board with these values or wind up losing these shoppers as they begin to start their own families.