July 13, 2023
Amazon’s Prime Day Sets Record With 375 Million Items Sold
Amazon’s Prime Day set records this year, with shoppers purchasing over 375 million items worldwide in two days. That marked a 25% increase from the 300 million items sold last...
July 13, 2023
Retailers Find It’s Expensive to Be Like Amazon
Retailers are recognizing that offering free shipping may not be sustainable in the long run. However, rather than eliminating it, they are raising the criteria for customers to qualify for...
July 13, 2023
Automobile Claims Process Gets Digital Makeover With Cues From Amazon...
The auto claims process is changing as manual steps and paper-based interactions are shifting to mobile and digital channels. CCC Intelligent Solutions Vice President Kelli Svymbersky and The Hanover Insurance Group Assistant Vice President of...
July 12, 2023
CVS Caremark and GoodRx Team Up to Lower Prescription Costs
CVS Caremark and GoodRx have announced the upcoming launch of a program to help members pay lower out-of-pocket prices on generic medications at the pharmacy counter. The new Caremark Cost Saver program offers automatic...
July 12, 2023
Prime Day 2023: US Consumers Spend $6.4 Billion in First...
Within the first 24 hours of Amazon’s Prime Day event, U.S. consumers spent $6.4 billion online, according to Adobe. Despite a 6% increase year over year, Bloomberg reported Wednesday (July...
July 12, 2023
EU Regulators Approve Broadcom’s $61 Billion Acquisition Of VMware
On Wednesday, July 12th, 2023, European Union regulators gave the go-ahead to US chipmaker Broadcom and their ground-breaking proposal for a $61 billion acquisition of cloud computing firm VMware. This...
July 12, 2023
Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
Multiple Amazon sellers reportedly said their listings, including product images and descriptions, were replicated by other sellers on Temu. The continuous presence of Temu’s infringing listings has prompted some Amazon sellers to start legal proceedings...
July 12, 2023
Data Key to Turning ‘Short-Term’ Subscribers Into Brand Advocates
The year is half over. Looking out at the balance of 2023, Brian Bogosian, CEO of sticky.io, said subscription models face a test as consumers re-examine their budgets, and, as ever, churn...
July 11, 2023
Amazon Uses Priceline Partnership to Grab Travel Spend on Prime...
Amazon Prime Day is now underway, and the eCommerce giant is determined to engage Prime members and stimulate spending. With lofty aspirations, Amazon aims to exceed its 2022 Prime Day...