Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Africa's Leading Online Fashion Retailer Is Shutting Down
Industrie Africa, the continent's leading online multi-brand fashion retailer, is closing down just five years after launch, highlighting the volatility of the current e-commerce model on a regional and global scale. On April 30, the e-commerce…
How implementing a rapid refund process can increase profit for retailers
Convenience is a principal driver of shopper satisfaction. Retailers that make things fast and easy for customers are more likely to thrive. Those that don't may find shoppers simply don't come back. Payments have a major role to play in making the…
Retail Sales Rise 0.6% in February - TT
H&M CEO Daniel Erver says the retailer expects higher energy prices to have an impact on consumers. (Andrej Ivanov/Bloomberg) NEW YORK — Shoppers increased their spending in February after pulling back at the start of the year, reflecting…
Hong Kong February retail sales beat estimate with 19.3pc surge
Hong Kong's February total retail sales increased by 19.3 percent year on year, beating the estimate of 12.200 percent. SCROLL TO CONTINUE WITH CONTENT The Census and Statistics Department announced February's provisional estimate of the value of…
Retail Sales Rise 0.6% In February, More Than Expected
The Advance Retail Sales Report from the Census Bureau showed consumer spending was more robust than expected in February. Headline sales rose 0.6%, a step up from January's 0.1% decline and better than the projected 0.5% growth. Current control…
US Treasuries Extend Gains Before Retail, Manufacturing Data
US Treasuries climbed on speculation that a possible end to the war in Iran may pave the way for interest rate cuts, with upcoming economic data potentially offering clues on when the Federal Reserve may ease policy. The yield on two-year and…
Michele Giglio, Founder of Namesake Italian Luxury Retailer, Dead at 86
MILAN — Michele Giglio, the founder of the Italian Giglio luxury multibrand boutique, died Tuesday at 86 in his hometown of Palermo, Italy. Born in 1939, Giglio planted the first seeds of the family retail business by opening a…
Teen Skin Care Brand Erly Lands First Retail Partner With Ulta Beauty
Erly Skincare has landed its first retail partner, launching at 750 Ulta Beauty stores and online on April 19. The Austin-based skin care brand was founded by two friends and mothers, Dr. Hallie McDonald, a dermatologist, and Jamie Chandlee, who…
EXCLUSIVE: Vacheron Constantin Anchors Retail Strategy in the Americas With Miami Flagship
Vacheron Constantin is doubling down on Miami, unveiling its largest flagship in the Americas in a metropolis that serves as a luxury nexus between the U.S. and Latin America. The new two-story boutique at 14th NE 40th Street in the Miami Design…
Retail business accelerator launches
The Ozark Retail Accelerator, aimed at helping Arkansas brands break into major retail chains, launched its inaugural cohort of 12 companies yesterday. Why it matters: Northwest Arkansas is a global retail hub, and the accelerator is designed to…
Southwest valley remains bright spot for ailing retail market in Las Vegas, broker says
Southern Nevada has lost approximately 1,300 retail jobs since peaking almost 2½ years ago, but retail construction growth remains a bright spot for the industry, according to a new Colliers report. The Las Vegas metro region's retail…
Majority of Retailers Plan to Raise Prices Over the Next Six Months, Inviting Consumer Ire
The majority of American retailers are planning to raise prices —again—in 2026, as tariff turmoil continues to roil the supply chain for consumer goods. New research from KPMG shows that 55 percent of retailers are planning price…
How to Buy a Birkin Bag Online (at Verified Retailers Where You Won't Get Scammed)
The simple reason for why the Hermès Birkin bag has remained one of fashion ‘s biggest status symbols across decades? Being named after sartorial legend Jane Birkin — thanks to that fortuitous meeting between her and Jean-Louis…
Boosting retail sales and nutrition through entrance-level produce displays
Placing fruit and vegetable sections near supermarket entrances increases the amount purchased and may improve the quality of women's diets, according to a new study funded by the National Institute for Health and Care Research (NIHR). Published in…
UK retailer to close 23 stores by October after saving rivals from administration
The under-performing stores will close this year as part of a series of 'self-help measures' A major UK retailer is to close 23 underperforming stores across the country this year as part of a wider cost-cutting drive to offset Government and…
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