WarnerMedia’s HBO Max saw a 10% jump in “retail” subscribers–those who are signing up directly for the streaming service, rather than getting it as a free add-on through their cable HBO subscription. That was an improvement on the third quarter, when growth slowed to 5%, but much slower than the growth rate HBO Max saw earlier in its life. Meanwhile, an expansion into new markets helped HBO...
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How Stitch Fix Fumbled a Make-or-Break Pivot
Stitch Fix planned to revive sales growth by turning its original strategy on its head. Inside the company, there were warning signs that the effort would struggle. The retailer, which is best known for sending customers five-piece boxes of clothes and accessories picked out by stylists, hoped to broaden its appeal by using algorithms to recommend items for people to buy directly online. But a...
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