Retail Industry News

A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

abc7.com - Luxury retailer Saks Global files for bankruptcy as it prepares to restructure
Luxury retailer Saks Global files for bankruptcy as it prepares to restructure
ABC7 Los Angeles

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself in the increasingly competitive upscale market after obtaining about $1.75 billion in financing commitments. The New York-based private company that owns retailers…

businessinsider.com - Jordan Hart - From humanoid robots to agentic AI, I learned what retail insiders are buzzing about at a major industry conference
From humanoid robots to agentic AI, I learned what retail insiders are buzzing about at a major industry conference
Business Insider

There were two little letters on everyone's lips: AI. Each year, the National Retail Federation, a leading industry trade group, hosts one of the industry's largest conferences, known as Retail's Big Show. I attended the convention, held in New…

businessinsider.com - Madeline Berg - Luxury retail giant Saks files for bankruptcy
Luxury retail giant Saks files for bankruptcy
Business Insider

Saks Global has declared bankruptcy. The owner of Saks Fifth Avenue and other iconic luxury department stores filed for Chapter 11 bankruptcy on Tuesday in the Southern District of Texas. Each of Saks Global's marquee brands — it also owns…

upi.com - Darryl Coote - Luxury retail conglomerate Saks Global files for bankruptcy protection
Luxury retail conglomerate Saks Global files for bankruptcy protection
UPI

Jan. 14 (UPI) -- Saks Global, the luxury retail parent company of Neiman Marcus, Bergdorf Goodman and Saks Fifth Avenue, announced late Tuesday that it has filed for bankruptcy. The high-end retail conglomerate announced its Chapter 11 bankruptcy…

bloomberg.com - Reshmi Basu - Luxury Retailer Saks Files Bankruptcy After Turnaround Bet Fails
Luxury Retailer Saks Files Bankruptcy After Turnaround Bet Fails
Bloomberg

Saks Global Enterprises filed for bankruptcy to address mounting losses and a substantial debt load that has weighed down the iconic luxury retailer. The company, which operates its Saks Fifth Avenue stores along with Bergdorf Goodman and Neiman…

koreatimes.co.kr - Lee Kyung-min - Retail investors turn to gold ETFs amid weakening won
Retail investors turn to gold ETFs amid weakening won
The Korea Times

A growing number of retail investors are increasing their holdings of gold exchange-traded funds (ETFs), prompted by rising demand for safe-haven assets as the Korean currency weakens and global geopolitical and policy uncertainties intensify…

bloomberg.com - Reshmi Basu - Saks' CEO Baker to Exit Luxury Retailer Ahead of Bankruptcy
Saks' CEO Baker to Exit Luxury Retailer Ahead of Bankruptcy
Bloomberg

Saks Global Enterprises ' Chief Executive Officer Richard Baker is departing less than two weeks after taking over the top job as the beleaguered luxury conglomerate he created prepares to restructure under bankruptcy court protection. Baker, who…

insideretail.com.au - Thanh Nha - Finalists announced for Inside Retail's Retailer Awards 2026
Finalists announced for Inside Retail's Retailer Awards 2026
Inside Retail Australia

Inside Retail has announced the finalists for the upcoming Retailer Awards 2026, presented with Shiperoo. Judges this year include Nick Gray, founder of IGU Global; Rachael Hockaday, MD at Haeday; Colleen Callander, founder of Mentor Me Women;…

insideretail.com.au - Nicole Kirichanskaya - Day three at NRF: How retailers like Target are bracing themselves for 2026
Day three at NRF: How retailers like Target are bracing themselves for 2026
Inside Retail Australia

January 13 marked the third and final day of Retail's Big Show, the National Retail Federation's (NRF) annual conference and expo, held in New York City this week. Running from January 11 to 13, the conference drew 40,000 global retail executives…

france24.com - Luxury retailer Saks Global files for bankruptcy
Luxury retailer Saks Global files for bankruptcy
FRANCE 24

The group has struggled with a substantial debt load and said in a statement it had initiated bankruptcy proceedings in the US Bankruptcy Court for the Southern District of Texas. Saks Global said it had appointed former Neiman Marcus Group head…

insideretail.com.au - Emarsys - Four retail engagement shifts shaping the future of customer experience in 2026
Four retail engagement shifts shaping the future of customer experience in 2026
Inside Retail Australia

Retail customer experience is being reshaped in real time. Shoppers move effortlessly between physical and digital environments, expect brands to recognise them across every interaction, and disengage quickly when experiences feel impersonal or…

ciol.com - CIOL Bureau - Tredence Pushes Agentic Commerce to Redefine Retail Personalisation
Tredence Pushes Agentic Commerce to Redefine Retail Personalisation
CIOL

Tredence unveiled a new set of Agentic Commerce solution accelerators, marking a strategic push to help retailers move beyond point-level personalisation toward fully orchestrated, intent-driven shopping journeys. The enterprise-grade accelerators…

mylondon.news - 
Richard Ault - New map shows London's shoplifting hotspots as police boss slams retailers
New map shows London's shoplifting hotspots as police boss slams retailers
My London

The shoplifting capital of London has been revealed by data - as retail crime continues to spiral amid the cost-of-living crisis and a theft “epidemic”. Home Office figures show that shoplifting offences have soared across the nation…

nbcchicago.com - Matt Stefanski - 19 GameStop locations closing in Chicago, suburbs as retailer reduces footprint
19 GameStop locations closing in Chicago, suburbs as retailer reduces footprint
NBC Chicago

GameStop has shuttered at least 10 locations in the Chicago area as part of a nationwide downsizing effort, and additional closures are planned this week. In its most recent quarterly report, the retailer said it anticipated closing 'a significant…

glassalmanac.com - Michael Reed - Big Retail Revolt Against Mercosur: Why We Won't Buy These Products!
Big Retail Revolt Against Mercosur: Why We Won't Buy These Products!
Glass Almanac

As the European Union has just approved a free trade agreement with the Mercosur countries, major French retail giants have made a definitive and united stand: South American meats will not be crossing the thresholds of their stores. This…

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