Delivering Search Personalization With (User) Intent
When it comes to online shopping, search personalization is more important today than ever before. If in 2019 about 60% of shoppers expected to get personalized search results, in 2020 that number increased to 80%. A recent McKinsey report shows that today’s customers don’t just prefer a personalized shopping experience — they demand it.
In 2023, relevance is the name of the game. Search personalization is the basis of positive brand perception, customer engagement and customer loyalty. Shoppers expect to only see relevant results. It’s no longer acceptable to respond to a given query by bombarding the user with generic…
Netflix shares fall as revenue growth lags estimates
Shares of Netflix tumbled nine per cent on Thursday after the video-streaming pioneer’s lack of lustre revenue rose sparked concerns of a longer road to growth from its new initiatives.
The company added nearly 6 million subscribers in the second quarter — almost three times above Wall Street’s expectations — thanks to a crackdown on password sharing and the introduction of a cheaper subscription tier that is bundled with advertising.
However, quarterly revenue growth and forecast lagged estimates, prompting co-chief executive officer Greg Peters to caution that it would take “several quarters” to see returns from those efforts.
Netflix shares,…
What’s spending slowdown? Retail sales suggest Canadians aren’t ready to quit shopping
Up to date retail sales numbers from Statistics Canada on Wednesday show that despite high prices and dire warnings about debt loads, Canadians remain in the mood to shop.
The data agency reported Wednesday that retailers took in $65.9 billion in April. That’s an increase of 1.1 per cent from March’s level.
Just about every type of store booked higher sales during the month, with the exception of furniture, electronics and appliances retailers, where sales shrank by 1.6 per cent from March’s level.
So-called core retail sales, which strip out volatile items like gas, cars and car parts, actually increased…
Smith faces a slew of financial challenges in Alberta after election victory
After faltering about a decade ago in her ambitions to lead the Wildrose Party to power in Alberta, Danielle Smith found redemption on Monday night as leader of the United Conservative Party with a majority victory in the provincial election.
Smith became premier in October after winning the UCP leadership vote in the wake of Jason Kenney’s resignation, and now has a much broader mandate after a victory over the Alberta New Democratic Party.
“To paraphrase our dear friend Ralph Klein, ‘Welcome to another miracle on the Prairies,'” Smith said to cheers from the crowd in Calgary.
The election comes…
Chile’s plan for state control in lithium dismays business
SANTIAGO, Chile (AP) — The Chilean government’s newly announced plan to have the state take a majority stake in the lithium industry disconcerted business leaders, though analysts cautioned that the proposal appears to try to strike a middle ground between competing interests.
President Gabriel Boric announced in a national broadcast Thursday night that private companies will have to partner with the government in exploiting Chile’s lithium, a metal used to make rechargeable batteries.
Boric said the state would take a controlling interest in each partnership, leading some to call it a nationalization of the industry, while others disagreed.
“Phrising it…
Tupperware stock plummets after warning it may go out of business
Tupperware says it may go out of business
Tupperware may go out of business, the company warns
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Tupperware is warning it may go out of business, just three years after the retro brand enjoyed a surprise surge from legions of pandemic shut-ins trying their hands at cooking.
The Orlando-based company said it had “substantial doubt about its ability to continue as a going concern” in a press release and filing securities.
Shares of the direct marketing company plunged 50% after the announcement late Friday. Tupperware’s stock was trading at about $1.28 a share Tuesday, down 70% since the start…
Dominion suit against Fox News spotlights Maria Bartiromo
How do you solve a problem like Maria Bartiromo?
Fox News executives may be asking themselves that question as she emerges as a central figure in Dominion Voting Systems’ $1.6-billion defamation suit against the conservative news network.
In released court documents and deposition testimony connected to the case, Bartiromo is cited throughout for allowing former President Trump’s false claims about 2020 election fraud to air on the network in an effort to stop angry viewers from abandoning the network.
Falsehoods such as the claim that the Denver-based voting machine maker was founded in Venezuela to aid Hugo Chávez and that…
President Biden jokes to dinner guests if you’re disoriented or confused, you’re either ‘drunk or Marjorie Taylor Greene’
President Joe Biden laughs as he speaks during the White House Correspondents’ Association dinner at the Washington Hilton in Washington, Saturday, April 29, 2023.Carolyn Kaster/AP Photo
Biden mocked Rep. Marjorie Taylor Greene during his White House Correspondents’ Dinner speech.
He said that if the guests felt confused, they would either “drunk or Marjorie Taylor Greene.”
Biden also poked fun at his political rivals and himself at the annual event.
President Joe Biden made a jibe at Rep. Marjorie Taylor Greene during his speech at the White House Correspondents’ Dinner on Saturday night, suggesting the congresswoman was “confused.”
“I want everyone…