Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Saks Sells Business Jet as Luxury Retailer Shrinks in Bankruptcy
Saks Global Enterprises won court approval to sell its Gulfstream jet that executives used for business and personal travel, as the bankrupt luxury retailer slashes debt and operating expenses. Jones Aviations LLC, based in Lexington…
Kardashian ally Emma Grede on women, ambition and turning ideas into retail billions
Emma Grede, co-founder and CEO of Good American and founding partner of Skims, published her new book 'Start with Yourself' on Tuesday. Grede has multiple business partnerships with the Kardashians, including Good American and Skims. She believes…
Retail Replenishment Isn't Enough to Lift the Port of LA's April Outlook
The Port of Los Angeles processed 752,520 20-foot equivalent units (TEUs) in March, a 3.3 percent decline from the year prior when shippers front-loaded cargo ahead of the Liberation Day tariffs. Loaded imports for the month totaled 380,733 TEUs, a…
Syndicates and funds are diving into this niche retail sector
Funds and syndicates are increasingly snapping up large-format retail (LFR) centres, which typically sell bulky goods such as furniture, as the sector's development pipeline slows and the national vacancy rate is low. Large-format retail has…
7-Eleven is closing hundreds of stores: List of doomed retail locations grows in 2026 as chain seeks to reduce costs
Seven & i Holdings, the Japan-based owner of 7-Eleven, has announced that it plans to close hundreds of stores in North America over the next year. The store closures are an attempt to reduce costs and increase profitability for the chain of…
Tens of thousands in stolen Lululemon clothes seized during RCMP retail blitz
The Alberta RCMP recently dedicated a week-and-a-half to tackling retail crime, which police said has been increasing over the past five years in the province, and said officers recovered over $40,000 in stolen goods. The retail crime blitz took…
What 2025 taught us about the importance of resilience in retail
That phrase defined retail cybersecurity in 2025. What began as isolated incidents quickly became prolonged, intense disruptions, exposing just how interconnected — and fragile — modern retail operations really are. Over the year…
Retail Traders with Crypto Accounts Gain CFD Copy Trading Access at Bitget
The company reported CFD activity recently surpassed $6 billion in daily trading volume. Copy trading makes up to 20 per cent of broker trading volumes, Brokeree Solutions said. Bitget has launched CFD Copy Trading, expanding its offering into…
Retail Traders See Goldman Sachs Enter Bitcoin Yield ETF Race with Options-Based Filing
The firm proposes a Bitcoin Premium Income ETF using derivatives and covered-call strategies. ETF would track Bitcoin via existing funds while selling options to generate premium income. Goldman Sachs has filed for a Bitcoin-linked exchange-traded…
Powerful Napa wine dynasty dies as sprawling vineyard is snapped up by luxury retailer Chanel
A powerful Napa Valley wine dynasty is over after the owner sold her sprawling vineyard to Chanel. The luxury retailer bought the Rudd Estate for an undisclosed amount as it expands its Rutherford's St. Supéry Estate Vineyards & Winery brand…
Gen Alphas grew up in a social media world and will reshape retail
Gen Alpha is defined as those who were born from 2010 onward. These young consumers are part of the first generation to grow up entirely immersed in artificial intelligence, social media, immersive gaming and always-on connectivity. As the world's…
Pet retailer looking for sites in Scotland as part of massive UK expansion plans
There's been some positive news for the Scottish high street recently. Amidst many closures, some big name retailers have been announcing new openings in certain areas. Joining the list is Jollyes Pets. The animal specialist has released a list of…
AI hiring humans? Startup tests real-time retail agent in San Francisco
4 min read New Delhi Make us preferred source on Google Even as job displacement owing to artificial intelligence (AI) continues to make its way to news feeds, a new development shows how it is now changing roles. AI is not only running a retail…
Creator content has become critical for retail media networks
Two fast-growing advertising sectors — retail media and the creator economy — are increasingly interlinked. Executives in the advertising businesses of retailers like Walmart, Best Buy and Albertsons are starting to see value in…
UK pet retailer confirms plans to open 160 new stores across UK - see full list
If the right sites become available, Jollyes could sign up another 25 store locations this year. Locations of particular interest are in the major conurbations of Birmingham, Liverpool, Bristol, Edinburgh, Glasgow, Leicester, Nottingham, Manchester…
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