Walmart Beats Expectations in Q2 as Inflation Drives Shoppers Across Income Brackets
[Investing]
2022/08/18 09:07
Despite warning last month of inflation’s hit to profits, Walmart’s revenues beat analysts’ expectations in Q2 as its low grocery prices wooed a wider array of shoppers.Revenues rose 8.4% year-over-year (YoY), to $152.9 billion, per its earnings statement.US comparable sales increased 6.5% YoY, driven mostly by low double-digit growth in grocery comp sales.Everyday low prices: With grocery c...
Can Scratches on Car Surfaces Disappear When Exposed to Sunlight ?
[Tech]
2022/08/18 09:06
Fast, localized, and low-energy-consumption self-healing material… Expected applications: automotive coating materials.A transparent protective coating material that can be self-healed in 30 minutes when exposed to sunlight has been developed. Excellent durability of automotive coatings is the most important issue in protecting a vehicle surface. In addition, protective coating materials shoul...
(Infographic) Brand Loyalty is Declining for Most Luxury Automakers
[Business]
2022/08/18 09:05
New research conducted by S&P Global Mobility has found that brand loyalty—measured as the percentage of buyers that go back to the same brand for their next vehicle—is falling across the luxury segment.In this infographic, we’ve visualized the results of this research, which spans from January 2020 to April 2022.Land Rover experienced the biggest drop in loyalty, despite a better than a...
(Video) Your Clothes Could Soon be a Limitless Battery Source to Juice Up Wearables
[Tech]
2022/08/18 09:04
We have a limitless resource in the form of energy on the planet and in the universe. Keeping it within the realms of planet earth, for the time being, researchers around the world have long been on the lookout for alternative sources of energy that capture energy from the most unusual resources.In a similar endeavor, researchers at Singapore’s Nanyang Technological University have devised a n...
MIT Develops 3D Printed Material That Uses Air Pressure to Warn About Its Own Movement
[Tech]
2022/08/18 09:03
3D printed crystalline lattice structures with air-filled channels, known as "fluidic sensors," embedded into the structures.Researchers at MIT have developed a type of 3D printed material that can sense how it is moving and interacting with its surrounding environment. The 3D printed lattice materials contain networks of air-filled channels, allowing engineers to detect when bending, squeezing...
(PDF) Pew - Teens, Social Media and Technology 2022
[Consumer]
2022/08/17 08:10
TikTok has established itself as one of the top online platforms for U.S. teens, while the share of teens who use Facebook has fallen sharply.The landscape of social media is ever-changing, especially among teens who often are on the leading edge of this space. A new Pew Research Center survey of American teenagers ages 13 to 17 finds TikTok has rocketed in popularity since its North American d...
(Video) Ford Tests High-Resolution Headlights
[Tech]
2022/08/17 08:09
Helping to keep drivers’ eyes on the road.Head-up displays are already helping some of our customers stay focussed on the way ahead. But now our engineers are trialling new technology that could help ensure drivers keep their eyes on the road. 1The new headlights can project directions, speed limits or weather information onto the road so the driver’s gaze can remain fixed on the way ahead.A...
3D Printed Breast & Chest Implants Enter Clinical Trials - BellaSeno
[Tech]
2022/08/17 08:08
Medtech company BellaSeno GmbH, headquartered in Leipzig, Germany, with its BellaSeno Pty subsidiary in Brisbane, Australia, specializes in the development of resorbable soft tissue and bone reconstruction implants, made with ISO 13485-certified, AI-driven 3D printing. The company was founded in 2015, and recently announced that it is beginning two clinical trials of its 3D printed implant prod...
(Infographic) How to Win Gen Z and Millennial Shoppers' Loyalty
[Consumer]
2022/08/17 08:07
What modern shoppers want from retailers and brands ? Values and sustainability are major factors when it comes to brand loyalty.Amid decades-high inflation, all that matters is price, right? Well, not to millennials and Gen Z.Operations management software platform parcelLab surveyed more than 1,000 younger consumers in June and found that their focus on values and sustainability is still very...
Amazon Care Teaming Up with Ginger to Add Behavioral Health Services
[Business]
2022/08/17 08:06
Amazon Care's move to team up with Ginger comes as employers ramp up their focus on expanding access to mental health care for their workers. Three out of four employers (76%) said they are making increased access to these services a key priority in 2022. Amazon Care, which currently offers virtual health visits, in-person primary care visits at patients' homes or offices and prescription deliv...
How the Disney Machine Works - Parks & Recreation
[Investing]
2022/08/17 08:05
Disney is officially beating Netflix at their own game, as the media giant revealed on Wednesday that they’ve pushed past 221 million subscribers across their three streaming services — Disney+, Hulu, and ESPN — just nudging past Netflix's total.Even with some of those subscribers paying less or being on bundled packages, that's an impressive stat that's grabbed headlines and contributed to...
Ultra-Rich Fueling Sales of Luxury Brands Despite Inflation and Recession Fears
[Investing]
2022/08/17 08:04
Experts say luxury brands are often insulated in economic slowdowns because most their sales come from the super wealthy.LVMH, Ferrari and Capri are among the luxury companies reporting strong sales.Other companies including Walmart and Gap have slashed financial forecasts.Prices for food, gas and travel have soared over the past year – but the rich appear to be shrugging it off and are still...