The holiday season is off to a hot start, with Thanksgiving shopping breaking records for online sales. Mickey Mericle, vice president of marketing and insights at Adobe, joined us to chat about this season's most notable trends.
Adobe is forecasting online sales this season to be over $107 billion, nearly 14 percent higher than last year. The company expects e-commerce to outpace in-store retail by 10 percent. Even though Black Friday has tons of deals, Adobe predicts Cyber Monday to become the largest online shopping day in history.
Mericle breaks down how retailers are reinventing the ways their advertising reaches consumers. She says social media is the fastest-growing way to stand out. Despite growth on platforms like Twitter and Facebook, Mericle says email is still the most popular way.
Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections.
The Republican-controlled Federal Trade Commission is abandoning a Biden-era effort to block Microsoft’s purchase of “Call of Duty” video game maker Activision Blizzard.
The Justice Department has reached a deal with Boeing that will allow the company to avoid criminal prosecution for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people.
After a bumpy ride, the ride-hailing app is back in the good graces of investors. Plus: OpenAI, Google, Apple, Target, Moody's, Paramount, and Golden Dome.
