Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Citi Trends Latest Off-Price Retailer Thriving As Consumers Seek Value
Citi Trends has ambitious expansion plans for its store network. (AP Photo/Rogelio V. Solis, File) Copyright 2018 The Associated Press. All rights reserved. Off-price retailer Citi Trends has reported double-digit sales growth and outlined plans…
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…
B&M European Value Retail rises Thursday, outperforms market
B&M European Value Retail S.A. BME shares advanced 6.55% to £2.08 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 0.27% to 10,360.32. B&M European Value Retail…
Expect retail hype to make SpaceX stock especially volatile in early trading
SpaceX's highly anticipated IPO is likely to be a huge event for retail traders, but that means investors should expect more volatility than usual for a trading debut. The company is expected to allocate an atypically large amount of stock for…
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…
Why institutional investors are returning to retail 'in a very big way
More stores closed or downsized than opened or expanded during the first quarter, according to a report from JLL, but vacancies are still low at just 4.4%. Retail offers much better yields than other commercial real estate sectors. Investment…
Exclusive: Scotch Raises $20M Series A To Disrupt Legacy Liquor Retail Tech With AI
Scotch, an AI-native operating system designed specifically for liquor store owners, has secured $20 million in a Series A funding round, the company tells Crunchbase News exclusively. Operating as an “all-in-one” software ecosystem…
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…
Retail investors get a shot at SpaceX IPO through major brokerages (SPCX:Pending)
Major brokerages like Fidelity, Schwab, Robinhood, SoFi, and E*Trade are making SpaceX IPO shares available to individual investors, with specific allocations dependent on demand and brokerage requirements. Eligibility requirements vary, such as…
SpaceX IPO: Fidelity unveils way for retail investors to buy shares (SPCX:Pending)
Fidelity Investments on Thursday outlined how its brokerage customers can seek shares in the highly anticipated initial public offering of SpaceX (SPCX), giving retail investors a potential path into what could become the largest stock market debut…
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.
EXCLUSIVE: Criteo Cuts ChatGPT Ad Minimums, Offers Incentives to Woo Retailer Brands
The future of brands gets decided here. Join the industry's top marketers at Brandweek for the ideas, insights, and connections shaping what's next. Get your ticket. As brands rush to test advertising inside ChatGPT, Criteo is gaining traction…
June jolt: Amazon's early Prime Day will be a major retail sector catalyst (AMZN:NASDAQ)
Amazon's shift of Prime Day to June could result in increased sales, higher customer engagement, and competitive advantages by leading the summer retail calendar and drawing shoppers away from rivals. Major competitors have announced overlapping or…
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…
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