black friday Mobile Shopping Dominates Record-Breaking Black Friday Weekend Black Friday 2019 sees record online sales driven largely by mobile devices, marking a major tipping point between digital and physical retail. Despite early fears of a spending slowdown, consumers spend heavily over the holiday weekend.
amazon Amazon Makes One-Day Shipping Standard, Raising Pressure on Retail Rivals Amazon is upgrading its Prime delivery to a one-day standard, investing $800 million to overhaul its infrastructure. The move immediately impacts competitor stocks and forces rivals like Walmart and Target to rethink their shipping strategies.
costco Costco Slashes Prices on Popular Kirkland Brand Products Costco executives announce significant price cuts on several coveted Kirkland brand items during a recent earnings call. The warehouse club aims to deliver more value to its loyal members through these targeted reductions.
brain corp Brain Corp Unveils Autonomous Delivery Robot for Retail and Factory Floors Brain Corp introduces AutoDelivery, a proof-of-concept delivery robot that tows carts and features an interactive touchscreen for workers. The San Diego startup plans a full commercial launch next year after debuting the technology at the ProMat show.
apple Apple Retail Chief Angela Ahrendts Departs After Five Years Apple's senior vice president of retail, Angela Ahrendts, leaves the company after a five-year tenure overseeing its physical stores. Her departure comes as Apple faces slowing iPhone sales and increasing challenges in the Chinese market.
apple Apple Retail Chief Angela Ahrendts Departs After Five-Year Tenure Apple's senior vice president of retail, Angela Ahrendts, steps down in April to pursue new opportunities. Deirdre O'Brien takes over the expanded retail and people divisions.
apple Apple Retail Chief Angela Ahrendts Departs Amid Slumping iPhone Sales Angela Ahrendts leaves her role as Apple's senior vice president of retail after five years, stepping down during a difficult period for the company. Her departure coincides with a significant 15% drop in iPhone sales and slowing growth in the Chinese market.