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Tag: Consumer

Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV

April 16, 2024 No Comments Technology , , , , ,

When prolific venture capital firms Andreessen Horowitz and Lerer Hippeau announced in early 2024 they were pivoting away from consumer tech, it sparked a social media debate about whether there are still opportunities. Maven Ventures’ Jim Scheinman and Sara Deshpande say “yes.” And to prove it, they raised $60 million in capital commitments for a [...]read moreConsumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV

Consumer Housing Sentiment Drops For First Time Since November

April 9, 2024 No Comments Real estate , , ,

Join the movement at Inman Connect Las Vegas, July 30 – Aug. 1! Seize the moment to take charge of the next era in real estate. Through immersive experiences, innovative formats and an unparalleled lineup of speakers, this gathering becomes more than a conference — it becomes a collaborative force shaping the future of our [...]read moreConsumer Housing Sentiment Drops For First Time Since November

Revamping Sales For The New Consumer

April 1, 2024 No Comments Education ,

A New Day For Sellers Today’s consumer has changed. They continue to spend even as interest rates rise, resulting in frustration and pessimism. Wages have risen, inflation has cooled, and yet interest rates still bite into personal income, giving individuals a feeling that—as the popular saying goes—”it’s over.” In summary, the effects of the COVID-19 [...]read moreRevamping Sales For The New Consumer

CFPB takes a closer look at consumer mortgage complaints

March 29, 2024 No Comments Real estate , , ,

The Consumer Financial Protection Bureau (CFPB) this week released its 2023 Consumer Response Annual Report, offering an overview of consumer complaints in a variety of industries overseen by the bureau. While much of the report suggests “a continued increase in credit or consumer reporting complaints, with more than one million of these complaints being sent [...]read moreCFPB takes a closer look at consumer mortgage complaints

This startup believes mobile apps for businesses should work more like consumer apps

March 28, 2024 No Comments Technology , , ,

Have you noticed the massive gap between consumer and business apps on your phone? While consumer apps are both beautifully designed and easy to use, business apps are simply painful to use. A European startup is developing a suite of B2B apps that are designed for mobile first because phones have become the main computers [...]read moreThis startup believes mobile apps for businesses should work more like consumer apps

Canada Goose cuts 17% of roles as consumer pullback persists

March 27, 2024 No Comments Beauty ,

By Bloomberg Published Mar 26, 2024 Canada Goose Holdings Inc. is cutting 17% of its global corporate workforce as it attempts to support long-term growth amid a slowdown in sales.  Canada Goose The luxury parka retailer’s job cuts follow two quarters of single-digit sales growth after increases of more than 20% the previous two periods. [...]read moreCanada Goose cuts 17% of roles as consumer pullback persists

Lululemon sinks after US consumer retreat spurs weak outlook

March 24, 2024 No Comments Business , ,

By Bloomberg Published Mar 23, 2024 Lululemon Athletica Inc. said it has seen a shift in the shopping behavior of its high-end US consumer, which drove a lower-than-expected sales outlook for the first quarter and full year. Lululemon Visits to US stores slowed at the beginning of the year and shoppers bought slightly less than [...]read moreLululemon sinks after US consumer retreat spurs weak outlook

UK consumer confidence static in March but finances outlook improves

March 22, 2024 No Comments Business , , ,

UK consumer confidence stalled in March, but at least it wasn’t as bad as February’s dip even if it couldn’t match those surprise gains made across the previous three winter months. Photo: Pexels So has the improving confidence trend come to a halt or does the encouraging score on personal finances point to a bright [...]read moreUK consumer confidence static in March but finances outlook improves

Microsoft hires Inflection founders to run new consumer AI division

March 20, 2024 No Comments Technology , , , ,

Microsoft has hired Mustafa Suleyman and Karén Simonyan, co-founders of high-profile AI startup Inflection AI, and several of their colleagues in one of the strangest deals as the Satya Nadella-led cloud giant continues its aggressive push to attract top talent. Suleyman — also a co-founder of DeepMind, which Google bought in 2014 to bolster its own [...]read moreMicrosoft hires Inflection founders to run new consumer AI division

The 10 best auto brands for 2024 in Consumer Reports’ rankings

February 29, 2024 No Comments Auto ,

Consumer Reports recently released its list of recommended vehicles for 2024, with electrified vehicles taking seven out of the top ten spots. The publication also ranks automotive brands using those scores and several other factors. To be eligible for a ranking, CR has to have tested at least two models from the automaker, with Lucid, [...]read moreThe 10 best auto brands for 2024 in Consumer Reports’ rankings