Greek E-commerce Booms, but Skills Gap Hinders Further Growth
Greek businesses generated €31.5 billion in e-commerce revenue in 2024, a 25.8% increase from 2023; however, challenges remain in accessing high-speed internet and skilled IT professionals.
Greek E-commerce Booms, but Skills Gap Hinders Further Growth
Greek businesses generated €31.5 billion in e-commerce revenue in 2024, a 25.8% increase from 2023; however, challenges remain in accessing high-speed internet and skilled IT professionals.
Progress
8% Bias Score
Macy's Faces Pressure to Sell Real Estate Assets
Activist investors Barington Capital and Thor Equities proposed that Macy's sell its real estate assets, valued at up to \$9 billion, nearly double its market value, to unlock shareholder value, as they view Macy's retail operations as worthless; Macy's rejected similar proposals in July, citing fin...
Macy's Faces Pressure to Sell Real Estate Assets
Activist investors Barington Capital and Thor Equities proposed that Macy's sell its real estate assets, valued at up to \$9 billion, nearly double its market value, to unlock shareholder value, as they view Macy's retail operations as worthless; Macy's rejected similar proposals in July, citing fin...
Progress
44% Bias Score
Holiday Returns to Reach $890 Billion in 2024
Holiday returns are expected to hit $890 billion in 2024, a 20% increase from 2023, due to increased online shopping and practices like "bracketing" and "wardrobing", posing challenges for retailers' profits and sustainability.
Holiday Returns to Reach $890 Billion in 2024
Holiday returns are expected to hit $890 billion in 2024, a 20% increase from 2023, due to increased online shopping and practices like "bracketing" and "wardrobing", posing challenges for retailers' profits and sustainability.
Progress
48% Bias Score
BFCM 2024: Record Sales Amidst Shifting Consumer Habits
Black Friday and Cyber Monday 2024 sales surged, with UK transactions up 9.5% (Barclaycard) and EMEA orders up 9.3% (Bazaarvoice), driven by a compressed shopping period and effective retailer incentives; however, data suggests a more distributed sales strategy across the weekend could be beneficial...
BFCM 2024: Record Sales Amidst Shifting Consumer Habits
Black Friday and Cyber Monday 2024 sales surged, with UK transactions up 9.5% (Barclaycard) and EMEA orders up 9.3% (Bazaarvoice), driven by a compressed shopping period and effective retailer incentives; however, data suggests a more distributed sales strategy across the weekend could be beneficial...
Progress
36% Bias Score
AI-Driven Christmas Shopping: \u00a328.6 Billion Gift Spending and the Rise of AI Gift Generators
Driven by a \u00a31 billion increase from last year, Brits are expected to spend \u00a328.6 billion on Christmas gifts this year, averaging \u00a3596 per person; AI is playing an increasing role, with 95% of consumers believing it improves gift selection.
AI-Driven Christmas Shopping: \u00a328.6 Billion Gift Spending and the Rise of AI Gift Generators
Driven by a \u00a31 billion increase from last year, Brits are expected to spend \u00a328.6 billion on Christmas gifts this year, averaging \u00a3596 per person; AI is playing an increasing role, with 95% of consumers believing it improves gift selection.
Progress
44% Bias Score
EU to Tax Cheap Chinese Imports to Combat Unsafe Goods
The EU plans to combat the surge in cheap goods from China entering the bloc through online platforms, proposing new taxes and fees to counter the rising number of unsafe products bypassing customs.
EU to Tax Cheap Chinese Imports to Combat Unsafe Goods
The EU plans to combat the surge in cheap goods from China entering the bloc through online platforms, proposing new taxes and fees to counter the rising number of unsafe products bypassing customs.
Progress
48% Bias Score
2024 Holiday Season: Package Volume Surge Challenges Logistics
The National Retail Federation (NRF) predicts a 2.5%–3.5% increase in 2024 holiday sales, with a 9% surge in online purchases. This, combined with faster delivery expectations and changes in holiday timing, will significantly increase package volume, demanding enhanced logistics and operational effi...
2024 Holiday Season: Package Volume Surge Challenges Logistics
The National Retail Federation (NRF) predicts a 2.5%–3.5% increase in 2024 holiday sales, with a 9% surge in online purchases. This, combined with faster delivery expectations and changes in holiday timing, will significantly increase package volume, demanding enhanced logistics and operational effi...
Progress
40% Bias Score
"Buy Now": How Retailers Drive Overconsumption
The Netflix documentary "Buy Now! The Shopping Conspiracy" reveals how retailers use design and marketing to encourage overconsumption, highlighting Amazon's 'buy now' button, the rise of Black Friday, and the impact of planned obsolescence on consumer electronics and clothing.
"Buy Now": How Retailers Drive Overconsumption
The Netflix documentary "Buy Now! The Shopping Conspiracy" reveals how retailers use design and marketing to encourage overconsumption, highlighting Amazon's 'buy now' button, the rise of Black Friday, and the impact of planned obsolescence on consumer electronics and clothing.
Progress
56% Bias Score
Amazon's Rufus AI Assistant Reshapes Product Discovery
Amazon's February launch of its AI shopping assistant, Rufus, is reshaping product discovery by prioritizing personalized recommendations based on user data and potentially altering brand marketing strategies through the integration of sponsored ads and a reliance on broader internet presence for pr...
Amazon's Rufus AI Assistant Reshapes Product Discovery
Amazon's February launch of its AI shopping assistant, Rufus, is reshaping product discovery by prioritizing personalized recommendations based on user data and potentially altering brand marketing strategies through the integration of sponsored ads and a reliance on broader internet presence for pr...
Progress
32% Bias Score
Australia's Extended Black Friday Sales Reshape Holiday Retail
Australian Black Friday sales have expanded significantly, lasting nearly a month and impacting Christmas sales; retailers adapted strategies, offering early deals and staggered promotions to maintain sales momentum, reflecting evolving consumer expectations and desire for bargains; Cyber Monday out...
Australia's Extended Black Friday Sales Reshape Holiday Retail
Australian Black Friday sales have expanded significantly, lasting nearly a month and impacting Christmas sales; retailers adapted strategies, offering early deals and staggered promotions to maintain sales momentum, reflecting evolving consumer expectations and desire for bargains; Cyber Monday out...
Progress
8% Bias Score
Amazon Cyber Monday Ad Spending Surges 23.3% Amidst Record Online Sales
Pacvue data reveals a 23.3% year-over-year increase in Amazon ad spending on Cyber Monday 2024, with CPC rising 15.8% to \$2.12, driven by intense competition for last-minute shoppers despite a longer promotional period; US consumers spent a record \$12.4 billion online.
Amazon Cyber Monday Ad Spending Surges 23.3% Amidst Record Online Sales
Pacvue data reveals a 23.3% year-over-year increase in Amazon ad spending on Cyber Monday 2024, with CPC rising 15.8% to \$2.12, driven by intense competition for last-minute shoppers despite a longer promotional period; US consumers spent a record \$12.4 billion online.
Progress
36% Bias Score
Kontilai Sentenced to Prison for Fraudulent Scheme Involving Jackie Robinson Contracts
Mykalai Kontilai, 55, was sentenced to 51 months in prison and ordered to pay $6.1 million in restitution for a wire fraud scheme involving the misrepresentation of Jackie Robinson's baseball contracts to investors, resulting in the misappropriation of $6.1 million in funds for personal use and his ...
Kontilai Sentenced to Prison for Fraudulent Scheme Involving Jackie Robinson Contracts
Mykalai Kontilai, 55, was sentenced to 51 months in prison and ordered to pay $6.1 million in restitution for a wire fraud scheme involving the misrepresentation of Jackie Robinson's baseball contracts to investors, resulting in the misappropriation of $6.1 million in funds for personal use and his ...
Progress
56% Bias Score