Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
SNAP benefit requirements to change for retailers: What's included
Retailers that accept Supplemental Nutrition Assistance Program (SNAP) benefits will soon face stricter stocking requirements under a new U.S. Department of Agriculture (USDA) rule, aimed at expanding access to staple foods. The USDA's final rule…
How Retailers Can Avoid Wholesale Guesswork
Dax Dasilva is the CEO of Lightspeed Commerce. We've all walked by a clothing store with a clearance sale offering 70% discounts. Those red-tag prices might be a win for bargain hunters, but for the retailer, they often represent an expensive…
Major sportswear retailer announces closure of 24 stores across UK
JD Sports Fashion confirmed it has closed more than 20 of its stores across the UK. The sports retailer operates 4,811 stores worldwide and has warned that geopolitical factors, including the situation in the Middle East, could have an impact on…
Major high street retailer with 300 stores could plunge into administration
Poundstretcher will 'likely have no choice' but to file for administration if a restructuring plan is not approved, the High Court has heard. The discount retailer, which operates nearly 300 stores and employs 3,000 staff nationwide, was acquired…
The Inside Story of Sephora's Rise to the Top of Beauty Retailing
When it came to the U.S. in 1998, Sephora was a cut/paste of the Sephora stores bought by LVMH, begun in Europe a few years earlier. It was basically a European parfumerie with a couple of twists — distinctive black and white design stripes…
$30 pens row sparks debate over Hong Kong retail struggles
A dispute over the price of several pens at a stationery shop has triggered heated online debate in Hong Kong, with retail operators voicing frustration over what they describe as unrealistic consumer expectations and mounting pressure on…
UK bed retailer plunges into administration - in business since 1871
UK bed retailer plunges into administration - in business since 1871 A UK bed company that has been in the business since 1871 has plunged into administration, putting 71 jobs at risk. Airsprung, which makes mattresses and beds for major retailers…
UK clothes retailer announces shop closures - 400 stores across UK
A major UK sports clothing brand will close 24 of its 400 UK stores as the company issues a statement to customers. JD Sports Fashion, which operates 4,811 stores worldwide, has cautioned that the war in the Middle East could push up prices and…
Blake Lively controversy had retail partners 'spooked' behind the scenes, court docs say
A newly surfaced court filing is putting numbers behind the backlash surrounding Blake Lively and Justin Baldoni's contentious court battle, linking negative press to declining sales and growing concern among major retail partners. Lively's Betty…
High street retailer closes 24 UK stores as price warning issued
A prominent high street sportswear retailer has confirmed the recent closure of more than 20 branches nationwide, while cautioning that global political tensions could affect its profitability and operating expenses. JD Sports Fashion, which runs…
High street retailer shuts 24 UK stores amid global uncertainty
A leading high street sports retailer has confirmed it has shut more than 20 outlets nationwide in recent months, while cautioning that global tensions could affect its profitability and operating expenses. JD Sports Fashion, which runs 4,811 shops…
'New era' for retail crime as SA takes nation-leading action
South Australia has been credited with taking the lead in cracking down on retail crime, with newly introduced Workplace Protection Orders (WPOs) set to give retailers a stronger legal backing. These orders – introduced this month –…
Who What Wear on how publishers can think like retailers
The UK-based managing editor of fashion website Who What Wear has shared her insights into how publishers can mimic the success of retailers who are seeing booming ad sales. While this is money spent with retailers themselves, such as Amazon and…
UK discount retailer to 'enter administration' if restructuring plan fails
Poundstretcher will 'likely have no choice' but to file for administration if a restructuring plan is not approved, the High Court has heard. The discount retailer, which runs nearly 300 stores and employs 3,000 staf f across the country, was…
Major retailer confirms closure of 24 UK stores amid price warning
A leading high street sports retailer has confirmed the recent closure of more than 20 branches nationwide, while cautioning that geopolitical tensions could affect its profitability and operating expenses. JD Sports Fashion, which runs 4,811…
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