Retail news, week of June 22, 2026

Machine summary Key facts from the reports:

1. Cook said Apple had been "trying to shield customers from the increases" but that it had become "unsustainable."
2. The report said AI data centers require the same memory chips used in consumer products.

Reported by Sacbee, kansascity.com and miamiherald.com.

• Apple
• iPhone

Machine summary NEXE Innovations said it provided an update about a partner's transition to BPI-certified compostable pods, according to a report from NEXE Innovations.

Reported by globenewswire.com and CBJ.

• Biodegradable Products Institute (BPI)
• NEXE Innovations Inc.

Machine summary Advit Jewels' initial public offering was subscribed 20.49 times as of 11:43 am on the second day of bidding, according to a report. The Jaipur-based jewellery brand's Rs 165.16 crore issue is a fresh offering of 1.20 crore shares at a price band of Rs 130–Rs 138 per share, with bidding open until June 25, 2026.

1. The IPO was subscribed 20.49 times against a total offer of 83.79 lakh shares as of 11:43 am on day two, the report said.
2. The retail segment was subscribed 19.54 times its quota of 41.90 lakh shares, according to the report.
3. The non-institutional investors segment was subscribed 48.45 times its portion of 17.96 lakh shares, the report said.
4. The report said that no offer-for-sale component exists in the issue, which is entirely a fresh equity offering comprising 1.20 crore shares.

Reported by economictimes.indiatimes.com.

• Advit Jewels

Machine summary PickleJar Entertainment Group announced it was selected to handle ticketing for the Bogalusa Blues & Heritage Festival, according to Finanznachrichten.de. The 2026 event is set for Sept. 25 and 26 in Bogalusa, Louisiana, with the lineup to be announced later, Finanznachrichten.de reported.

1. PickleJar will power ticketing through its Venue Managed Services platform, according to the announcement.
2. A full artist lineup is to be announced in the coming weeks, according to the announcement.
3. Kristian Barowsky, President and Co-Founder of PickleJar Entertainment Group, said the company is excited to partner with the festival, according to the announcement.

Reported by Finanznachrichten.de and Finanzen.ch.

• PickleJar Entertainment Group, Inc.

Machine summary Coles Supermarkets has partnered with Ever.Ag to introduce data science and optimization modeling into its fresh meat supply chain, according to the companies. Coles and Ever.Ag said they plan to move from volume-based to value-based optimization in a next phase.

1. The collaboration covers beef, lamb and pork categories, the companies said.

Reported by Pr Newswire and manilatimes.net.

• Ever.Ag
• Coles Supermarkets

Reported by Daily Press and pilotonline.com.

Machine summary An Apple spokesperson said demand for memory and storage had risen sharply as AI data centres expanded, and that the company had shielded customers from the increases until now.

1. Chief executive Tim Cook told The Wall Street Journal last week that price increases were unavoidable and described the semiconductor market as a 'hundred-year flood', according to thestar.com.my and ibtimes.co.uk.

Reported by The Star, ibtimes.co.uk and Digital Journal.

• Apple
• Tim Cook
• iPad
• MacBook

Reports ran between 13:02 and 18:00 UTC on Jun 25.

The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

Reported by reuters.com and Geo.

• Apple
• iPad

Machine summary EBANX said recurring Pix payments it enabled account for 28% of Nord Security's payment volume in Brazil after six months. Nord Security's Kestas Saulis said approval rates for merchant-initiated transactions rose 20 percentage points over that period, and EBANX's Marie-Elise Droga said more than half of customers using Pix Automático across its merchant base are new users.

1. Kestas Saulis, Head of Payments of Nord Security, said approval rates for Pix Automático merchant-initiated transactions increased by 20 percentage points in six months, outperforming credit cards.
2. Marie-Elise Droga, Chief Revenue Officer at EBANX, said more than half of customers using Pix Automático across its merchant base are new users.
3. According to the Beyond Borders 2026 report, Pix represents 81% of business-to-merchant payments in Brazil at EBANX.
4. Brazil's Central Bank launched Pix Automático last year, adding it as Pix's recurring feature; Pix is the country's instant payment system.

Reported by manilatimes.net and Philippine Times (Big News Network).

• Pix
• EBANX
• Nord Security
• Brazil's Central Bank

Machine summary Digiday reported that iHeartMedia expanded its relationship with Amazon Ads, reselling Amazon inventory on Twitch, Alexa, Amazon Music and Fire TV in addition to Prime video placements it already resold. The report said Amazon also introduced Outcome Optimizer, a tool that draws on Amazon shopping, browsing and streaming data to adjust programmatic guaranteed campaigns in Freewheel, with A+E Global Media and Warner Bros. Discovery among media partners using it at launch.

Reported by Digiday.

• Amazon
• Warner Bros. Discovery
• iHeartMedia
• Twitch
• Freewheel
• A+E Global Media

Machine summary He said local smartphone production is the most sustainable solution to device affordability challenges.

1. Olorunnimbe said attracting smartphone manufacturers to Nigeria would reduce device costs, create jobs, strengthen local value chains and reduce dependence on imported handsets, according to the statement.

Reported by theeagleonline.com.ng and punchng.com.