With visitor arrivals to Hong Kong dramatically falling, the financial center’s retail sales registered a double-digit drop in November. Retail sales by value retreated 23.6 percent in the month from the prior year, but the November drop was a bit better than the forecasts of...
With a chart-topping fourth quarter that came out ahead of Wall Street estimates, Tesla delivered 112,000 vehicles around the world. The Street expected the electric automaker to deliver 106,000 vehicles in the quarter, which would have met the company’s annual 360,000-400,000 vehicle delivery goal, CNBC...
Americans are drinking less beer, and this month people worldwide will be participating in ‘Dry January.’ But beer companies are trying to work around those obstacles and keep customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Drivers in the United States purchased fewer new vehicles in 2019 than in prior years but spent more money to buy them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As it aims to tap into its massive digital subscriber base to take on worldwide eCommerce companies, Mukesh Ambani’s Reliance Industries is launching an early version of its online retail offering. The firm has begun to invite shoppers in certain Mumbai suburbs to sign up...
As diners can order a wide range of cuisines from their smartphones, mobile order-ahead continues to become more popular — and quick-service restaurants (QSRs) are taking note. The technology is changing the design of restaurants, as some coffee chains are rolling out pick-up only locations...
As of 2019, vitamins were a big revenue generator in the U.S., as consumers typically shell out a little over $30 billion a year on vitamins and dietary supplements. In some regards, this is not exactly a new trend. Since their discovery in the late 19th century, vitamins, supplements...
It’s going to be a very vocal year when it comes to 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, PYMNTS Today....
As online shopping powers a forecasted 26 percent year-over-year volume surge on National Returns Day, the United Parcel Service (UPS) foresees shipping 1.9 million gifts and other products back to U.S. retailers. Jan. 2 is the day with the most activity for holiday returns in...
