US technology giant Apple launched its own retail stores in the late-1990s as it sought to gain greater control over its products. Apple's services division, including Apple Pay, the App Store and Apple Music, has broadened its retail reach. Retail Week provides news, analysis, features and opinion about Apple and the electricals sector.
Apple has said chip shortages mean it needs to increase the prices of MacBooks and iPads by around 20%, with Microsoft-owned Xbox also recently announcing prices of its console would increase.
A new report by the University of Portsmouth, funded by Cifas, estimates that refund fraud could be costing UK retail dearly.
In this exclusive Q&A, Amex general manager of Global Merchant Services Dan Edelman reflects on how to appeal to Millennials and Gen Z, the importance of personalisation in retail, and the future payment innovations set to attract consumers in the years ahead.
American tech group Apple has seen its corporation tax in the UK surge after it exceeds £1bn in profits.
Apple saw iPhone sales climb as wary consumers rushed to secure new iPhones before Trump’s tariffs impact prices.
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