Retail sales

Grocery Coffee Sales Dip as Consumers Turn to eCommerce, QSRs
Grocery Coffee Sales Dip as Consumers Turn to eCommerce, QSRs
November 03, 2023  |  eCommerce

Coffee sales at the grocery store are reportedly below pre-COVID levels as consumers increasingly get their caffeine buzz from digital channels or restaurant chains. Packaged coffee...

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FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
November 02, 2023  |  Legal

The Federal Trade Commission (FTC) reportedly unveiled details of a lawsuit against Amazon Thursday (Nov. 2), accusing the eCommerce giant of employing strategies to enhance its profits. The...

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

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...

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

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....

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

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...

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Fed Survey: Businesses Expect Sales Growth to Slow
Fed Survey: Businesses Expect Sales Growth to Slow
October 25, 2023  |  Economy

American businesses are less sure about future sales than they were before the pandemic. That’s according to the latest edition of the Survey of Business Uncertainty,...

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P&G Says 6% Sales Increase Underpins Consumer Spending Resilience Amid Inflation
P&G Says 6% Sales Increase Underpins Consumer Spending Resilience Amid Inflation
October 18, 2023  |  Earnings

Procter & Gamble (P&G), the consumer goods giant known for brands like Tide detergent and Pampers diapers, announced first quarter fiscal year 2024 results on...

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NCR Voyix Debuts on New York Stock Exchange
NCR Voyix Debuts on New York Stock Exchange
October 17, 2023  |  Connected Economy

NCR Voyix, a provider of digital commerce solutions, has made its debut on the New York Stock Exchange following the spinoff of its ATM-focused businesses....

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September Retail Sales Don’t Look All That Rosy When Adjusted for Inflation
September Retail Sales Don’t Look All That Rosy When Adjusted for Inflation
October 17, 2023  |  Retail

Bank earnings came first, putting up card spending data that spotlighted consumers’ willingness to keep spending across debit and credit cards. Retail sales data released...

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