NEW DELHI — In a striking testament to India’s evolving consumer landscape, non-metropolitan cities have emerged as the primary growth engine for e-commerce giant Amazon India. During the recent festive season, more than half of all Fashion and Beauty orders originated from Tier-2 cities and smaller district towns—a milestone that underscores a profound structural shift […]
Ulta Beauty shares early AI assistant results as ecommerce growth outpaces sales in physical stores
Ulta Beauty Inc. reported double-digit ecommerce sales growth in its fiscal Q1 — far outpacing physical stores with comparable sales — as customers spent more and made more purchases. For its first quarter ended May 2, Ulta said its net sales increased 11.1% year over year, reaching $3.16 billion. Overall comparable sales grew 5.3% year […]