Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
Australia Reclassifies BNPL as Credit While UK and US Regulators Eye Similar Actions
May 26, 2023  |  Buy Now Pay Later

From Australia, the land that invented buy now, pay later (BNPL) as we now know it, comes news this week that laws are changing to...

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Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
May 26, 2023  |  Economy

Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets...

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Klarna Says Shoppers Want Recommendations Rather Than Search Results
Klarna Says Shoppers Want Recommendations Rather Than Search Results
May 26, 2023  |  Retail

Klarna aims to lead a shift in purchases from search to recommendations. While 80% of purchases currently originate from search, shoppers are now looking for...

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Foot Locker Embraces Localization Strategy Through Small Concept Stores 
Foot Locker Embraces Localization Strategy Through Small Concept Stores 
May 26, 2023  |  Retail

Despite facing challenges in the first quarter due to changes in Foot Locker’s physical presence, brand assortment, digital initiatives, and omnichannel strategies, the retailer is...

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Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
May 26, 2023  |  Retail

Ulta Beauty CEO Dave Kimbell shared the company’s first-quarter results on Thursday (May 25), highlighting a 12.3% increase in sales compared to the previous year....

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OpenAI CEO Reverses Threat to Leave Europe Due to Regulations
OpenAI CEO Reverses Threat to Leave Europe Due to Regulations
May 26, 2023  |  artificial intelligence

OpenAI plans to continue operating in Europe, CEO Sam Altman tweeted Friday (May 26). Altman had told Reuters on Wednesday (May 24) that the ChatGPT...

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Generative AI Broke the Mold
Generative AI Broke the Mold
May 26, 2023  |  Artificial Intelligence

Generative AI has permanently altered how humans create new ideas and content, yet even OpenAI's own AI detector misses 74% of AI-generated content. In the...

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Gen Z Leads Decline in Subscription Renewals
Gen Z Leads Decline in Subscription Renewals
May 26, 2023  |  Retail

Value may outweigh convenience when it comes to recurring subscriptions, as consumers seek any and all avenues to cut costs. Consumers are digging deep to...

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Restaurant Operators Want Smarter Software to Simplify Payments Complexity
Restaurant Operators Want Smarter Software to Simplify Payments Complexity
May 26, 2023  |  Restaurant innovation

Today’s restaurants are challenged to be more productive than ever, and to meet those challenges, they need smarter workforce management solutions. In a conversation with...

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