How consumers shop is a mystery companies across the globe seek to uncover. In China, however, the two big ones — JD.com and Alibaba — have found ways to gain focused insight into shoppers’ spending habits, which in turn help retailers make eCommerce decisions. Get...
On Friday of last week (Dec. 9), Michigan became the first state in the union to pass statewide, comprehensive self-driving vehicle regulations that allow autonomous vehicles to drive … well, autonomously. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Athletic apparel maker Lululemon Athletica said a strong showing across Black Friday weekend helped the firm rebound from what had been a soft fourth quarter initially, even as sales were up double digits from a year ago in the third quarter. Get the Full Story...
Costco Wholesale said that same-store sales rose 1 percent in the latest quarter, bucking the impact of deflation and the considerable competition that exists for consumer dollars among retail giants and big-box chains. Get the Full Story Complete the form to unlock this article and...
President-elect Donald Trump’s pick for the secretary of labor position in his new administration may have been impacts on the state of minimum wage increases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Here’s the good news about all of the data on holiday retail spending: don’t like what you read one day, don’t worry — someone else will come out with a new set of data the next. Get the Full Story Complete the form to unlock...
Starting off on a positive note, data shows that the online grocery sector saw a huge sales boost during Thanksgiving. While a grocery sales boost is to be expected during the holiday for excessive eating (and subsequent, sleepy regret), it’s the “online” qualifier that’s got...
In a global expansion plan, Starbucks will look to add as many as 12,000 locations to its store roster over the next five years, a move that Bloomberg noted signals a growth strategy tied to brick-and-mortar presence. Get the Full Story Complete the form to...
This holiday season, consumers are boosting their expectations when it comes to their eCommerce retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...