Retail Industry News

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

forbes.com - Akhilesh Sharma - Retail's Next Competitive Edge Is Recoverability
Retail's Next Competitive Edge Is Recoverability
Forbes

Akhilesh Sharma, Founder & CEO, A3logics —20+ years in digital transformation, AI & EDI. Firsthand insight into AI-augmented workplaces. ​Retail has spent the better part of the last decade competing on intelligence at the customer…

wwd.com - Roy Stephen Canivel - Meet Edie, the AI Behind Retail's Answer to ChatGPT
Meet Edie, the AI Behind Retail's Answer to ChatGPT
WWD

London-based data analytics firm EDITED is launching an AI platform tailored to the retail industry that is trained on more than a decade worth of market intelligence. EDITED, founded in 2009, has launched an AI platform that can help retail…

rediff.com - Ram Prasad Sahu - Trent's Retail Expansion: New Stores, Formats & LFL Growth Key to Future
Trent's Retail Expansion: New Stores, Formats & LFL Growth Key to Future
Rediff.com

Retail giant Trent is set for significant growth, outlining an ambitious expansion strategy that includes adding hundreds of new stores for its Westside and Zudio brands, diversifying into new fashion formats, and focusing on a crucial recovery in…

koreatimes.co.kr - Yonhap - Court ends rehabilitation process for troubled retailer Homeplus
Court ends rehabilitation process for troubled retailer Homeplus
The Korea Times

A court decided Friday to terminate rehabilitation proceedings for troubled discount store chain Homeplus, pushing the company closer to shuttering its doors as it struggles to find a buyer. The Seoul Bankruptcy Court rejected Homeplus' revised…

marketwatch.com - Bassett Furniture Shares Rise After 2Q Profit Increases on Stronger Retail Sales
Bassett Furniture Shares Rise After 2Q Profit Increases on Stronger Retail Sales
MarketWatch

Shares of Bassett Furniture advanced after the furniture manufacturer reported higher profit in the second quarter, helped by improved retail performance. The stock gained 8.6%, to $20.41, midday Thursday and is up 22% this year. Bassett reported…

businessinsider.com - Georgia Hennessy - A $12 billion electronics retailer says price increases are coming due to the memory chip shortage
A $12 billion electronics retailer says price increases are coming due to the memory chip shortage
Business Insider

Higher prices for smartphones and laptops are coming later this year, the boss of Currys, Britain's biggest electricals retailer, has warned, as the AI data center boom soaks up the world's supply of memory chips. Currys, a UK equivalent of Best…

scmp.com - Wynna Wong - Hong Kong retail sales grow 7.9% in May, extending winning streak to 13 months
Hong Kong retail sales grow 7.9% in May, extending winning streak to 13 months
South China Morning Post

Hong Kong's retail sales in May rose 7.9 per cent year on year, extending the streak of growth to 13 months, with the sector benefiting from an increase in visitor numbers amid mainland China's Labour Day “golden week” holiday. The…

afr.com - Zoe Samios - Thousands of venues sign up to Tabcorp's retail overhaul plan
Thousands of venues sign up to Tabcorp's retail overhaul plan
Australian Financial Review

Tabcorp has convinced thousands of pubs and clubs in its retail network to sign up to new deals for its betting terminals and racing channel in a result chief executive Gillon McLachlan would consider a win for his strategy to shake up the gambling…

express.co.uk - Liam Ryder - Death of the high street: New PlayStation policy sparks retail and fan uproar
Death of the high street: New PlayStation policy sparks retail and fan uproar
Daily Express

Sony's latest move with PlayStation games has proven unpopular with both fans and retailers After PlayStation announced its controversial plans to ditch the production of game discs, gaming fans and retailers have hit back in fury. The shock move…

channelnewsasia.com - Erin Liam - Retail workers uncertain about their future as Plaza Singapura starts major revamp in August
Retail workers uncertain about their future as Plaza Singapura starts major revamp in August
CNA

SINGAPORE: Retail workers in shops at Plaza Singapura said on Thursday (Jul 2) they are uncertain about their future, about a month before an estimated S$160 million revamp of the mall is due to start. In a Jul 1 circular from mall operator…

seekingalpha.com - SA Transcript Insights Editor - Bassett outlines plan to raise Retail gross margins by 200 to 250 basis points in mid-July as written sales rise 9.5% (NASDAQ:BSET)
Bassett outlines plan to raise Retail gross margins by 200 to 250 basis points in mid-July as written sales rise 9.5% (NASDAQ:BSET)
Seeking Alpha

Management plans to reduce annual expenses by $1.5-$2 million, raise retail gross margins by 200-250 basis points in mid-July, and use marketing/AI initiatives, but notes that SG&A remains stubbornly high and near-term costs will impact…

express.co.uk - Henry Burrell - Claim a free Galaxy Watch with limited time Samsung offer at one retailer
Claim a free Galaxy Watch with limited time Samsung offer at one retailer
Daily Express

This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more Samsung is heavily rumoured to be readying the launch of its next generation of foldable phones soon - after all, the tech giant has…

thehindu.com - Lalatendu Mishra - Why Deutsche Bank exiting India retail business | Explained
Why Deutsche Bank exiting India retail business | Explained
The Hindu

The story so far: Kotak Mahindra Bank on Wednesday (July 1, 2026) agreed to acquire Deutsche Bank's retail banking, affluent private banking and wealth management business in India for ₹281 crore. The transaction will strengthen Kotak…

pcguide.com - Jack Goodall - Retailer GAME will not 'stand idly by' after PlayStation axes discs, says it will continue to support physical media
Retailer GAME will not 'stand idly by' after PlayStation axes discs, says it will continue to support physical media
PC Guide

PC Guide is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Read More GAME will continue to support physical media, at least in Spain Video game retailer GAME has posted a heartfelt statement in…

coindesk.com - Shaurya Malwa - XRP price news: Large holders of Ripple-linked token rise while retail stays cautious
XRP price news: Large holders of Ripple-linked token rise while retail stays cautious
CoinDesk

XRP is showing signs of accumulation above the $1.00 support, with higher lows forming even as the price remains below key moving averages and major resistance near $1.10. Network and institutional signals are strengthening, with daily new wallet…

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