News

Average interest rates of store credit cards nearly 31%
Despite high interest rates for store credit cards, consumer interest in the cards grew during the past year.
Retail sales stage comeback in October
Retail sales bounced back strongly in October as the economy remained in good shape and consumers moved past concerns about a port strike and other issues that put a crimp in September’s sales.

Australian grocer Coles Supermarkets rolling out smart carts in 2025

A leading Australian grocer will be the first Asian-Pacific retailer to deploy Instacart Caper Cart smart carts.
Alibaba breaks '11.11' records, pilots AI search engine for businesses

Alibaba Group is reporting a successful Global Shopping Festival sales extravaganza and AI-enabling search for business-to-business buyers and sellers on its platform.
New Whole Foods to anchor shopping center in Boynton Beach

Whole Foods Market is expanding its presence in Florida.
Dutch Bros to accelerate openings in 2025 to 160-plus sites; testing food options

Dutch Bros. Inc. reported better-than-expected third-quarter earnings and sales, fueled in part by its new mobile ordering system and continued store growth.
California Pizza Kitchen to grow footprint in Nevada, Utah

California Pizza Kitchen (CPK) is expanding its presence in the western United States through its first major domestic franchise deal.
Gap Inc. partners with nonprofit Nest to nurture creativity in its hometown

Gap Inc. will hold a Holiday Makers Market at its San Francisco headquarters as part of a new partnership.
Chipotle names Scott Boatwright as CEO

Chipotle Mexican Grill has found its replacement for Brian Niccol.
The most popular social media sites are…

A new survey takes a deep dive into consumer social media habits and expectations.
Qdoba signs 22 franchise deals in fiscal year; plans to expand in...

Qdoba Mexican Eats is touting its continued growth, highlighted by nearly two-dozen new franchise agreements in its fiscal year.
Staples partners with contract cleaner purchasing group

Staples' cleaning and janitorial supplies subsidiary is launching a joint promotion with the National Service Alliance.