As the National Football League (NFL) season kicks off, automakers are diving back into advertising during football games after a lull in recent years. Companies like Toyota Motor Corporation, Hyundai Motor Company, and the Detroit automakers are gearing up to utilize the NFL as a primary advertising platform in the upcoming months. Toyota, in particular,
Marketing
In a recent study conducted by SimplyCodes, it was found that Friday is the best day for consumers to find significant discounts while shopping online. The study analyzed coupon release patterns in marketing emails from 30,000 merchants between March and July. The data revealed that approximately 52% of coupon codes are released between Wednesday and
Ulta Beauty shares took a significant hit, dropping 7% in extended trading following a disappointing second-quarter performance. The company failed to meet expectations and had to revise its full-year guidance due to a decline in same-store sales. This marks the first earnings per share miss for Ulta Beauty since May 2020 and the first revenue
The landscape of cannabis consumption has undergone a significant transformation, with legal avenues for cannabis consumption now infiltrating the luxury market on Fifth Avenue in New York City. The legalization of adult-use marijuana in New York State has paved the way for licensed dispensaries to flourish, with sales exceeding $100 million last year. Shoppers can
Wall Street saw back-to-back weekly gains as it headed into an important week, featuring Nvidia earnings and updates on the Federal Reserve’s inflation gauge. The S & P 500 and Nasdaq rebounded after Thursday’s losses, closing the week with nearly a 1.5% increase, driven by optimism following Fed Chairman Jerome Powell’s speech at Jackson Hole.
Portillo’s, a renowned fast-casual restaurant chain, has been facing scrutiny by activist investor Engaged Capital regarding potential steps to enhance the company’s performance. Despite being an iconic Midwest establishment with a diverse menu, Portillo’s has struggled to maintain its stock value and operational efficiency. The company’s stock chart shows fluctuations, with its stock price hovering
Luxury king Bernard Arnault, the founder and CEO of LVMH, has been making waves in the tech world with his recent investments in artificial intelligence (AI) companies. With a net worth of $184 billion, Arnault has been leveraging his tech-focused venture firm and family office, Aglaé Ventures, to make significant AI-related investments over the past
Flutter recently announced impressive second-quarter earnings, which led to an 8% increase in share prices. The success was largely attributed to the growth of revenue from the FanDuel platform, especially in states with well-established sports betting and online gaming markets. However, the standout point from the report was the decision by FanDuel not to impose
The recent development of a temporary injunction blocking media giants Disney, Warner Bros. Discovery, and Fox from launching their sports streaming service, Venu, has brought ample attention to the competitive dynamics within the industry. The lawsuit filed by Fubo TV, an internet TV bundle provider challenging Venu’s anticompetitive nature, led to the halt of the
The days of relying solely on satellite dishes for TV services are long gone, and DirecTV is making sure consumers know it. The company, traditionally known for its satellite TV bundle, is pivoting to emphasize its streaming capabilities, aiming to adapt to the evolving media landscape and please modern consumers. With the rise of streaming