Companies Assert Surge in Organized Retail Crime Amidst Absence of Convincing Data
August 9, 2023 : Claims of escalating organized retail crime surge as retailers grapple with inconclusive statistical substantiation.
Exploring New Horizons in A.I. Investment Beyond Big Tech: Insights from ETF Experts
August 8, 2023 : Amidst the crescendo of artificial intelligence (A.I.) investments, two distinguished ETF experts unveil alternative avenues for embarking on the A.I. journey, extending beyond the conventional domains of Big Tech.
Yum Brands, Owner of Taco Bell, Falls Short of Revenue Expectations Despite Strong KFC Sales
August 4, 2023 :Yum Brands, the parent company of Taco Bell, Pizza Hut, and KFC, released its quarterly results, revealing a mixed performance marked by varying same-store sales outcomes.
Credit Card Fee Bill Sparks Battle Between Payment Companies and Retailers
August 1, 2023 : A bipartisan push in Washington is sparking a conflict between retailers and payment processors over credit card fees. The reintroduced Credit Card Competition Act aims to promote competition by requiring big banks to offer at least one network other than Visa or Mastercard for card transactions.
Samsung Unveils Two New Folding Smartphones in Response to Rival Competition
July 28, 2023 : In a recent launch event, Samsung introduced two new folding smartphones, a tablet, and two smartwatches. The new phones, Galaxy Z Flip 5 and Galaxy Fold 5 boast improved hinge rigidity and display brightness compared to their predecessors.
Research Nester Projects Image Recognition in Retail Market to Exceed USD 14 Billion Revenue by 2035
July 25, 2023 : The global image recognition in the retail market is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) of approximately 23% between 2023 and 2035.
Initial Assessment of RH: RH England’s Aynho Park Opening, RH Contemporary, Membership, and More
July 24, 2023 : RH CEO Gary Friedman emphasizes the success of RH’s first international venture, RH England, which recently opened in Aynho Park. This launch is a crucial milestone for the company’s planned expansions in major markets like Brussels, Dusseldorf, Munich, Madrid, London, Paris, Milan, and Sydney over the next two years.
Barbie Buzz: Retailers Pin Hopes on Iconic Doll to Drive Consumer Spending Amid Cautious Summer
July 20, 2023 : Retailers are capitalizing on the upcoming release of “Barbie” from Warner Bros. Discovery by offering Barbie-themed merchandise to attract shoppers’ attention and boost sales. Over 100 brands, including Bloomingdale’s, Kohl’s, Crocs, and Gap, have licensing agreements with toy maker Mattel to sell Barbie-inspired fashion, beauty, and accessories.
Chipotle Forges Landmark Franchise Partnership to Expand into the Middle East
July 19, 2023 : Chipotle, the popular fast-casual restaurant chain, has announced a significant development in its expansion plans. The company has signed an agreement with Alshaya Group, based in Kuwait, marking its first-ever franchise partnership.
WHO’s Aspartame Decision May Impact Diet Soda Sales or Prompt Beverage Formula Changes
July 17, 2023 : The World Health Organization (WHO) has maintained its recommended intake of Aspartame, a sweetener used in various products.