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The European Commission (EC) sued Meta over the offering, which it says created a 鈥減ay or consent鈥� model that violated the Digital Markets Act (DMA) by denying consumers a fair choice between existing services and a model that collects less personalized data.

Amazon can stake a claim as one of Canada鈥檚 top mass merchants, even without having physical stores. It has reached this milestone after more than three years of accelerated retail ecommerce in the country.

The threat of recession is holding back digital ad spending in Germany, particularly in influential industries like automotive. If the worst case can be avoided, though, 2024 offers promising signs for growth.

Ad spending devoted to ecommerce is the reason why the retail industry will account for more than a fifth of total digital ad spending in the UK this year. Proportionally, though, retail ad spending has been in stasis thanks to a dip in ecommerce spending.

The European Commission denied responsibility for the global outage. Our take: Six months might not be enough time for Apple to alter tightly integrated systems developed over the past decade. The company may need to fork its operating systems to work differently in the EU than in other countries to avoid fines.

Following three consecutive quarters of ad revenue losses, YouTube faces an urgent need to restore growth. This could present marketers using YouTube with opportunities to target audiences on both connected TVs and smartphones.

Amid growing concerns over trade tensions and economic volatility, many global brands are reallocating budgets geographically鈥攕hifting spend away from vulnerable regions and toward more stable markets like Canada, Europe, and Australia. Marketers are trading guesswork for guarantees鈥攑rioritizing retail media and CTV for their measurability, accountability, and performance clarity.

TikTok fads like 鈥渃ash stuffing,鈥� where shoppers put money in envelopes to control spending, could be behind that uptick. Trendspotting: Cash鈥檚 appeal as a budgeting tool during downturns and a post-pandemic rebound for in-store shopping are helping reverse a yearslong decline in cash use.

The quick-commerce space isn鈥檛 totally dead: German startup Flink raised $150 million at a nearly $1 billion valuation, as the company finds success in staying local and partnering with food delivery platform Just Eat Takeaway.

European Broadcasting Union (EBU). FIFA. France 24. Haaretz. Institute for Advanced Studies (IHS). International Olympic Committee (IOC). Ipsos. Malm枚 stad. Municipality of Tel Aviv-Yafo. NatWest. Nielsen. Stockholms stad. The Telegraph. TikTok. Union of European Football Associations (UEFA). Wien Holding. Wonderful Copenhagen. YouGov.

ChatGPT is the talk of 2023. In the banking industry, generative AI technology has promising use cases in marketing and customer service, and it has the potential to make machine learning applications more accurate and efficient.

The fintech is focused on expanding in foreign markets like India and improving products at home with higher-rate savings accounts.

Consumers stick with retail brands that reflect their identity, act with integrity, and make them feel good鈥攅specially when those brands recognize loyal customers. Perks like early access matter, but tech like AI only resonates when it genuinely makes shopping easier. To keep people engaged, brands should focus on making all customers鈥攆rom high earners to rural shoppers鈥攆eel seen and valued. Here鈥檚 how consumers view their favorite brands and how brands can provide more value to loyal customers.

Lego builds momentum: The company grew sales 13% in the first half of the year with strength across its portfolio.

The retailer also recently announced plans to open a store in the heart of the Fifth Avenue shopping district in Manhattan. The retailer鈥檚 strategy also includes opening about 900 pick-up locations in a push to remove a friction point that keeps shoppers from buying products online.

The BNPL provider pushed the Affirm Card and notched new partnerships to stay ahead of competition.

The global economy is likely set for a soft landing, inflation is cooling off, and the worst is seemingly over in Europe and China. As a result, we anticipate a steady retail environment for the next several years across most regions of the world.

It wants to lean on AI to attract users, while new environmental-focused features should strengthen its brand with younger shoppers.

Partnering with OpenAI on a ChatGPT plugin that gives users personalized shopping recommendations could help Klarna boost customer satisfaction and retention. Klarna is also milking opportunities to use AI to strengthen its brand and woo investors.