Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Editorial | Dynamism returns to Hong Kong retail with World Cup windfall
Who would have thought a World Cup final match screened at a traditional dim sum restaurant at 3am could become a lesson in business survival? Hong Kong's latest bout of football fever offers some out-of-the-box insights. When the city is willing…
Luxury retailers turn to outlets for growth. Analysts say these stocks can benefit
Higher-end retailers are trying to drum up business by pouring money into their outlet operations and attracting more lower-end shoppers — a strategy that could drive gains for certain stocks in the space. Companies such as Tapestry -owned…
Legacy stores have been closing but physical retail is not 'dead
Once likening its clothes to the fashions shown on the streets of Paris and Milan, Katies promised skirts, shirts, pants and knitwear for $26 a piece. 'Matchable clothes at an unmatchable price,' was the women's retailer's tagline in a commercial…
Weight-loss drugs have fashion retailers reaching for a new game plan
For more than three decades, Steven Khalil has heard brides tell him of their grand plans to lose weight before their big day. The bridalwear and couture designer would nod along as he took clients' measurements at his Paddington studio, knowing…
Amazon vs. Booking: Comparing Revenue Trends Between a Retail Giant and a Travel Titan
Amazon (AMZN -0.70%) primarily generates revenue by selling diverse consumer goods online, operating physical retail stores, and providing cloud computing solutions to global enterprise clients. It introduced Amazon Supply Chain Services to open…
Retail giant closes 2,695 stores after filing for bankruptcy - founded 140 years ago
Sears has just five stores remaining A once-dominant retail giant has been reduced to just five remaining stores after decades of decline. Founded in 1886, Sears was once one of America's biggest retailers, operating 2,700 stores at its peak. Get…
Major high street retailer confirms it is closing store in struggling town centre
Traders have described the shop as crucial to attracting shoppers as one of the only big name retail brands in the town centre. Peacocks will close its Crane Street shop on Wednesday, August 19. Its nearest store will then be in the Cwmbran…
Amazon Earnings Preview: AWS Growth and Retail Margins
Amazon's earnings days tend to boil down to two questions. Did AWS grow fast enough. And did retail get more profitable. If you can answer those quickly, you'll usually know why the stock is moving. This preview gives you a clean framework for Q2:…
Primark cuts prices as it feels pressure from Shein and Temu
Mike Kemp/In Pictures via Getty Images 'Primark isn't as cheap any more.' It is something I keep hearing shoppers say when I ask them whether they shop at the fast-fashion giant. 'It's definitely got more expensive,' says 19-year-old student Eshal…
Data centers were actually making electricity costs cheaper, but the $7 trillion buildout with no guaranteed AI demand is threatening the trend
In the era of hyperscalers, the rising unpopularity of data centers has become inextricably linked with the fear of skyrocketing utility prices. A YouGov poll administered last year found that among 1,000 Americans, more than two-thirds expected…
Michael Burry Slams Prediction Markets as Glorified Gambling in Regulatory Loophole - News Anyway
Michael Burry, the investor immortalised in Michael Lewis's crisis-era book The Big Short, has turned his fire on prediction markets, arguing that platforms like Kalshi are nothing more than gambling operating under a convenient legal fiction. His…
Crypto Market Brief July 26
/ Price Analysis / Crypto Market Brief July 26 CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain…
People Are Sharing The Industry Secrets The General Public Isn't Supposed To Know, And WHOA
'Support local florists in your community; don't just order from some online company that has sponsored ads and expect an arrangement to arrive at your door for $39.99. Be smart: scroll down and choose a local brick-and-mortar florist, call a…
The New Nostalgia Problem: Why Gap's Recent Nods To Vintage Design Missed The Mark
As contemporary consumers--many plagued by the current turbulent economic circumstances within the United States--continue to plead for minimal logos, quality fabrication and affordable prices from their favorite retailers, the brands that deviate…
British Heart Foundation, Morrisons and more announce closures
Britain's high street is in the grip of another brutal round of closures, with household names across fashion, sport, grocery and charity retail all confirming they are pulling the shutters down on branches up and down the country and worldwide.
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