Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Electronics retailers Yamada and Edion eye business integration
Major Japanese home appliances retailer Yamada Holdings and industry peer Edion said Thursday that they are considering integrating their operations. Yamada is already the leading player in the industry, and combined consolidated sales at the…
Eurozone Retail Sales Fell in April
Eurozone retail sales fell more than expected in April as rising energy prices continued to erode consumer spending power, adding to concerns that the currency area's economy could contract in the second quarter. Volumes fell 0.4% from March…
Northlake Mall retailers told to vacate. Is a sale and redevelopment next?
Cade frets he will be unable to make the 30-day deadline to leave. It's not usual for landlords to only provide 30 days to vacate, even if their tenants are on month-to-month leases. When Cade left North DeKalb, he was given 90 days to vacate, and…
Retailers Need Resilient Self-Service Strategies
Nico Müller is CCO at shopreme, delivering self-checkout customers love. New self-checkout (SCO) proposals and regulations are reshaping retail operations. Connecticut's Bill No. 438 is one example: If passed, the proposal would…
B&M European Value Retail climbs Wednesday, outperforms market
Shares of B&M European Value Retail S.A. BME surged 14.60% to £1.95 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the FTSE 100 Index UKX falling 0.40% to 10,332.30. B&M European Value Retail…
Distressed discount retailer Homeplus to shutter 37 stores
Financially troubled discount chain Homeplus is shuttering more than 30 percent of its stores across the country, a decision likely to leave some 3,500 employees jobless, industry sources said Thursday. The company delivered the decision in a…
Holland & Barrett rebuilds Asia presence with DFI Retail Group
Holland & Barrett is returning to Singapore and entering more Asian markets through an exclusive partnership with DFI Retail Group - the parent company of retail pharmacy chains Guardian and Mannings.
What the world's top talent agency wants retailers to know
Adrian Staiti has spent the last five years watching brands navigate the gap between cultural excitement and commercial discipline with varying degrees of success. Based in Singapore, Staiti oversees the Apac sports division of global talent…
NRF'26: Asia is becoming a 'retail lab' for brands to adapt and innovate
The Asian market offers the perfect environment for retailers to test new ideas, adapt to the local culture, respond to new trends, and ultimately pursue long-term growth. Vipul Chawla, group CEO of Singapore's FairPrice Group, opened day two of…
Women Who Rock: Lori Hirshleifer on Carrying on Her Family's Retail Legacy
Lori Hirshleifer is part of a powerful family business in which women play an important role. Hirshleifer is owner and buyer at the Long Island luxury retailer Hirshleifers, which has been around for more than 110 years. She recalled her late…
Clothing retailer Aritzia opens at Plaza Frontenac
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John Murphy Becomes Retail-Focused Scope Markets' Managing Director
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Winners of the Canadian Grand Prix New Product Awards Announced by Retail Council of Canada
'For 33 years, this program has been the benchmark for food and grocery innovation in Canada, and the standard keeps rising,' said Kim Furlong, President and CEO, Retail Council of Canada. 'This year's winners reflect exactly what Canadian…
Macy's Inc. Posts Strong Q1, Cites Gains at All Retail Nameplates, Raises Outlook
“It's a good moment for the company overall and I don't take it for granted.” That's Tony Spring, chairman and chief executive officer of Macy's Inc., recapping the retailer's stellar first quarter. It was highlighted by a comparable…
Black market retail theft ring indicted for impersonating shipping carriers
A major bust involving a retail theft that resulted in eight indictments. The Manhattan district attorney says the suspects impersonated shipping companies to seal products.
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