Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Sugar Mills Question High Retail Prices
The sugar industry has expressed dismay over retail prices not falling in line with the sharp decline in ex-mill rates in recent days. At a joint press briefing in New Delhi on Tuesday, the Indian Sugar and Bio-energy Manufacturers Association…
What to Watch: Brands, Retailers Are Battling Luxury Handbag Fatigue
Fashion's forever quest for “It” bags is intensifying as European luxury brands jockey to restore excitement in the category amid lingering consumer ennui. Givenchy and Saint Laurent are among brands to have brought in high-profile…
True Religion's Renaissance: Inside the Brand's Repositioning and Retail Strategy
True Religion has entered a new era. Initially a premium denim label, in recent years the brand has transformed into a broader lifestyle business with a more accessible price point. When the brand was selling $200 or $300 jeans, the potential…
The Same-Day Delivery Race Is Putting Retailer Margins to the Test
Although more retailers are seeking to capitalize on same-day delivery as consumers become more accustomed to faster shipping times, the economics involved with getting the infrastructure in place has remained a sticking point for most businesses.
Tencent-Backed Enflame's IPO Draws 4,073 Times Retail Demand
The initial public offering of Shanghai Enflame Technology Co., a company backed by Tencent Holdings Ltd., drew heavy demand from retail investors, as the last of the so-called “four little dragons” of leading Chinese artificial…
This Iconic American Retailer Is Worth Nearly $8 Billion. Now It's Trying to Break into the $15 Billion Handbag Market.
Gap is entering handbags with GapBag, a collection that turns familiar denim and fleece details into totes, crossbodies and smaller accessories. The company hired former Coach creative leader Reed Krakoff to give its accessories business more…
SA online retail races to R159bn as growth accelerates
The 10% milestone marks a turning point for South African e-commerce, with retailers now focused on profitable digital sales. (Image source: iStock) South Africa's online retail sector is expected to reach R159 billion in sales by the end of 2026…
A pattern of success: A Valley illustrator has designed her way onto the shelves of retail stores
What do a navy blue blanket with lobsters, a leopard-print blanket with pink bows, a sage green blanket with geese in costumes and a light purple blanket with kittens wearing slices of bread and pizza all have in common? They are available…
APT Travel Group hires Jemma Allerton-Griffiths to head retail growth
Sep 2, 202611:16 GMT by Robin Murray APT Travel Group has appointed former Kuoni manager Jemma Allerton-Griffiths to the newly created role of national retail manager to drive trade growth. Allerton-Griffiths, who held the same position at Kuoni…
DOJ expands beef price investigation to Walmart, Costco, Amazon and other major retailers
The Department of Justice (DOJ) Antitrust Division on Tuesday said it had expanded its investigation into beef affordability to include eight of the largest grocery retailers in the United States. The expansion comes after the DOJ launched an…
Ace Hardware adds influencer, DoorDash and weather features as it builds out a retail media strategy
Almost one year into its existence, Ace Hardware's retail media network, RedVest Media, just announced a slate of new features for advertisers as part of an upfront event last week. The new features include incrementality measurement functions for…
Everyone wants to be a prestige beauty retailer now
Once upon a time, an air of exclusivity enveloped the sale of prestige beauty products. At the turn of the 21st century, department stores existed as the destination for high-end beauty, with kiosks helmed by salespeople ready to color match a…
'Misleading' Onam offer: Textile retailer ordered to pay Rs 31,500 to senior citizen
4 min read New Delhi Make us preferred source on Google A consumer commission in Ernakulam has directed a textile retailer to pay Rs 31,500 to an 81-year-old consumer after finding that an Onam promotional advertisement gave a ‘misleading'…
Goleta Council to Consider Moratorium on Approving New Gun Retailers
The Goleta City Council directed city staff Tuesday to draft a moratorium to temporarily halt approval of new firearm retail dealers. Tuesday's meeting was a highly anticipated discussion regarding possible city regulations on firearms and…
Retailers urge Healey to unwind national insurance hike
Retailers have called on Chancellor John Healey to unwind some of the national insurance reforms made by his predecessor in a bid to tackle the youth joblessness crisis. The British Retail Consortium (BRC), which represents retailers including…
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