Retail

Retail
Apple Hits Record Quarterly Smartphone Shipments in India
November 01, 2023

Apple has reached a significant milestone in the Indian smartphone market by recording its highest-ever quarterly shipments in the third quarter. Surpassing 2.5 million units, Apple’s achievement comes at a time when the Indian smartphone market is showing signs of recovery after a period of decline,...

Retail
Shopify Aims to Use AI to Give Merchants Competitive Edge
November 01, 2023

Shopify, a leading provider of software and services to online sellers, has been turning to artificial intelligence (AI) to give its merchants a competitive edge. When the company reports results on Thursday (Nov. 2), investors will be looking to see if these tools will drive...

Retail
Starbucks CEO Could Face Tough Questions Over ‘Re-Founding’
November 01, 2023

The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain’s upcoming meeting. This week marks Starbucks’ investor day, the first such event since Laxman Narasimhan became chief executive, as Bloomberg News reported Wednesday (Nov. 1). “Laxman has talked about ‘re-founding’ the business,” Sharon...

Retail
eCommerce Platforms Open Up New Digital Channels for Auto Parts 
November 01, 2023

Buying auto parts, historically speaking, has been about as brick and mortar a process as one might find anywhere. Buying the parts themselves tends to be an urgent consideration: Something’s wrong with the car or the truck, a repair’s necessary to keep things moving, literally....

Retail
Google Aims New Shopping Tools at Boosting Small Business Sales
November 01, 2023

People want to make conscious choices and contribute to the success of local and independent enterprises. This inclination to “shop small” is driven by various factors, including a desire to nurture the local economy, promote unique and artisanal products, and build a stronger sense of...

Retail
Asos Looks to Separate ‘Good Returns’ From ‘Bad Returns’
November 01, 2023

Online fashion retailer Asos is focused on returns as it continues its cost-cutting measures. “While we continue to believe that free returns are a core part of our customer proposition, there are good returns and bad returns,” CEO José Antonio Ramos Calamonte wrote in the...

Retail
Retailers Embrace Rewards as Consumers Seek to Trim Grocery Expenses 
November 01, 2023

Grocery store rewards programs have long been popular for their ability to foster customer loyalty and provide tangible benefits to shoppers. However, these programs also play a pivotal role during times of inflation, benefiting both the grocery store and the consumer.  These programs, frequently providing...

Retail
Sur La Table to Offer Same-Day Delivery With Walmart GoLocal
October 31, 2023

Sur La Table, a specialty retailer of cookware, kitchen electrics and bakeware, will roll out same-day delivery for online orders nationwide by mid-November. This service will be enabled by a collaboration with Walmart GoLocal, Walmart’s white-label delivery service platform, Sur La Table said in a...

Retail
Nearly Half of US Consumers Cite Free Shipping as Key Feature When Choosing a Merchant
October 31, 2023

As inflationary pressures continue to impact household budgets, U.S. consumers are taking measures to trim their expenses and prioritize cost-saving shopping features when choosing a merchant. In the “2023 Global Digital Shopping Index: U.S. Edition” playbook, PYMNTS Intelligence draws insights from a survey of more than...