The amount that consumers spent online in October — up 5.9% year-over-year and 13.6% from the prior month — according to a report from Adobe Analytics.
Starbucks’ year-over-year global net revenue increase, for a total of $9.4 billion, per Retail Brew. CEO Laxman Narasimhan attributes the company’s record-breaking sales to fall product releases, including the brand’s iconic Pumpkin Spice Latte, that kicked off in late August.
The approximate monthly bundled subscription fee that Verizon is reportedly planning to charge its customers for the ad-supported versions of Netflix and Max — a discount on the typical combined $17 monthly rate for those two streaming services — per Reuters.
Warby Parker’s revenue for the fourth quarter — a 14.2% jump — per MediaPost. The direct-to-consumer eyeglasses brand attributes the gain to the opening of 11 new stores, the release of four new collections and the growth of its contact lens business.
Q3 sales reported by Adidas for its Yeezy product line, despite cutting ties with Ye, previously known as Kanye West, about a year ago, per Fashion Dive. Adidas said it’s unsure what it will do with remaining Yeezy inventory.
The jump in American whiskey exports to the European Union in the first half of 2023 compared to the same period in 2022 — following the suspension of a tariff that taxed whiskey imports — per CNN Business. The largest export market for American whiskey, the EU is set to impose a similar tariff on imports of the spirit next year.
The length in days of the SAG-AFTRA strike, per Variety. A tentative agreement reached between the actors’ union and the Alliance of Motion Picture and Television Producers on Nov. 8 marked an end to what was the longest actors’ strike in Hollywood history.
What Americans expect the inflation rate for the year ahead to be, according to the University of Michigan’s survey of consumer sentiment, per CNN Business. That’s up from 4.2% in October and 3.2% in September.
Q3 sales reported by WK Kellogg Co, Kellanova’s recently spun-off North American cereal business, per Reuters. The figure posted by the company — maker of breakfast favorites including Froot Loops and Rice Krispies — exceeded analysts’ projections.
The growth in retail media spend between Q2 and Q3, according to a new report from omnichannel marketing platform Skai, per Retail Brew.