business news magazine

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

Strong consumer interest seen in Mondelez snacking survey

CHICAGO — Rising costs and economic setbacks haven’t been enough to deter strong consumer interest in snacking, according to Mondelez International, Inc.’s fourth annual State of Snacking report. The report, released Jan. 16, analyzed global consumer snacking habits and decisions.

Overall, the report revealed a maintained interest in snacking that continues to increase. Like in the 2021 report, 64% of consumers continue to prioritize snacking throughout the day over standard mealtimes. Another continued trend is mindful snacking, but this year with an emphasis on environmental consciousness versus 2021’s concern with nutrition and functionality.

The annual State of Snacking report is

Canadian hydropower limits concern US decarbonizing plans

HARTFORD, Conn. –

Policymakers seeking to make the US electric grid less reliable on fossil fuels have long looked north to Canada and its abundant surplus of hydropower, advocating for new transmission lines to bring more of that cheap, clean electricity south.

But with demand for green energy growing north of the border, too, there are new concerns that Canada’s hydro supply isn’t as bottomless as it once seemed.

A study published in May by the Montreal Economic Institute predicted that Quebec, now home to one of the world’s largest hydroelectric systems, will over the next decade fall short of

Canadian companies adopt ‘stay interviews’ as workers rethink careers – Business News

When Tara Vanderloo’s employees are mulling leaving her enterprise software company, she wants to be one of the first people they tell — and to hear their unvarnished reasons why.

“I know people get called by recruiters, so I’ve asked the question: ‘who are you talking to or what type of organizations?'” said the chief experience officer at Sensei Labs in Toronto.

“Have you had any thoughts or are you questioning why do you want to be here?”

Vanderloo poses the questions in one-on-one meetings she and other staff periodically have with the company’s workforce of roughly

Bank of Canada may hike rates further if inflation gets stuck above 2%

Article content

Last month the Bank of Canada left its key overnight interest rate on hold at 4.5 per cent but said rates may need to stay high for a while because of wage pressure in a tight labor market and sticky service prices.

Article content

The bank’s baseline scenario sees the labor market softening as growth slows, easing wage pressures and business price-setting behavior, Macklem said.

“But there is a risk that these adjustments will take longer or stall, and inflation will get stuck materially above the two per cent target,” Macklem told the Toronto Region Board of Trade.

Twitter removed tweets about ‘Trans Day of Vengeance’ – Business News

Twitter says it has removed thousands of tweets showing a poster promoting a “trans day of vengeance” protest in support of transgender rights in Washington, DC, on Saturday.

Ella Irwin, Twitter’s head of Trust and Safety, said in a tweets Wednesday that the company automatically removed more than 5,000 tweets and retweets of a poster promoting the event.

“We do not support tweets that incite violence irrespective of who posts them. “Vengeance” does not imply peaceful protest. Organizing or supporting for peaceful protests is ok,” Irwin wrote in the tweet.

In removing the tweets, Twitter said it used

Used-car prices, after finally easing, are backing up again – Business News

Well, it was nice while it lasted.

For nearly a year, the average used vehicle in the United States has been edging toward affordable again for millions of people. The relief felt belated and relatively slight, but it was still welcome.

From an eye-watering peak of $31,400 in April of last year, the average price had dropped 14% to $27,125 early this month.

Now, with the supply of used vehicles failing to keep up with robust demand, prices are creeping up again, with signs pointing to further increases ahead. So many buyers have been priced out

Scroll to top