iPhone and iPad assembly stopped for several days in October — usually one of the busiest times of the year ahead of the holiday rush — because of global supply chain bottlenecks and power use restrictions in China, sources with knowledge of the predicament told...
With the automotive microchip shortage expected to last well into 2022, prices for new and used cars remain elevated, leading many consumers to consider repairs and better upkeep of their vehicles over outright replacement. Get the Full Story Complete the form to unlock this article...
Traffic at physical stores remains on a long-term downward trajectory despite a recent rebound compared to last year’s pandemic lows, but that isn’t stopping retailers from leaning into store openings, with Wayfair as the latest digital brand to announce new brick-and-mortar efforts. Get the Full...
Stitch Fix executives assured investors and analysts Tuesday (Dec. 7) that recent investments in the business that have led to losses on the balance sheet will pay off in the long term as the company transitions to providing a wider set of features and purchase...
Smile, Southeast Asia. Health and beauty stalwart Colgate-Palmolive is linking up with Singapore-based eCommerce giant Shopee to help the beauty brand grow its sales in the region by a factor of 20 times over the next four years. Get the Full Story Complete the form...
In today’s top retail news, Target’s partnership with Ulta is facing off against the Kohl’s partnership with Sephora, while retailers are trying to cut down on the items that shoppers return when the holidays are through. Also, Walmart is working with Yahoo! to boost its...
With the holiday shopping season upon us and Christmas just over two weeks away, retailers are gearing up for another annual consumer event: return season, which typically kicks off in early January as the glow of holiday happiness diminishes. Get the Full Story Complete the...
One of the greatest challenges facing grocers looking to build out their digital followings is adoption. Online grocery is expected to continue to grow in years to come, and brands that cannot hack it in the space risk falling behind. Consequently, grocers are tapping a...
British consumers have been increasing their usage of online shopping for groceries for close to two years, since the pandemic began in March 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
