Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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.
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…
As retail theft grows more sophisticated, Pennsylvania AG touts progress of new crime section
As criminals get more sophisticated, the Pennsylvania Attorney General's Office is tasked with greater efforts to investigate and prosecute. It's especially the case when it comes to thefts and fraud at local stores. On Tuesday, Attorney General…
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…
HSBC puts $20b in deposits up for sale amid exit from retail banking
HSBC has given advisers at Citi the all-clear to kick off an auction of about $20 billion in deposits, marking the final stage of the global giant's exit from retail banking in Australia after more than four decades. A month after selling a $36…
Another supermarket to close doors forever as retail giant shuts dozens of shops
Fred Meyer's west Tacoma location will close in a few months (file image) Another supermarket will close as a US retail giant continues to shut down dozens of its stores. Fred Meyer's store at the James Centre in Tacoma, Washington state, will…
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…
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'…
Anthropic launches AI agent blueprints for retailers ahead of holiday shopping season
NEW YORK, Sept 2: Artificial intelligence company Anthropic is giving retailers blueprints to build shopping and merchant agents on Claude, it announced on Wednesday, as demand for internal and external conversational search tools expands ahead of…
Two-wheeler retails fall 8.3% in August
India's two-wheeler market lost 1.53 lakh registrations in August compared to the previous month as pre-festival purchase deferrals and monsoon conditions weighed on dealership traffic. Hero MotoCorp, Honda, Bajaj Auto and TVS Motor bore most of…
Anthropic Gives Retailers Blueprint for AI Shopping Agents
The AI company announced the blueprint Wednesday (Sept. 2). Reuters reported that the initiative comes as shoppers increasingly use AI to compare prices, check product availability and get recommendations. Adobe Analytics said last month that…
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