Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Industrial output grows 2.5% in Feb.; retail sales remain unchanged
South Korea's industrial output rebounded last month, driven by gains in manufacturing and services, government data showed Tuesday. Industrial production rose 2.5 percent from a month earlier in February, following a 1.3 percent on-month decline…
Higher Prices Are Coming for British Shoppers, Retail Lobby Says
UK shoppers should brace for a wave of price increases, the retail industry warned as a survey taken immediately after the outbreak of the US-Iran war found higher energy costs had yet to filter through to household budgets. Prices of goods sold in…
Fortress Plans to Restructure Discount Retailer Poundstretcher
Fortress Investment Group plans to restructure Poundstretcher Ltd. just two years after acquiring the struggling discount retailer, the latest sign of deepening strain across the UK high street. The plan — which requires court approval…
Major high street retailer shutting down could provide bargain opportunities
As a chain which was once a fixture of high streets throughout the UK closes the doors of all its remaining branches, one woman has demonstrated how this could be an opportunity to make some extra cash. Last month GAME announced all its stand-alone…
E*Trade in Talks to Lead SpaceX IPO for Retail, Report Says
Morgan Stanley 's E*Trade unit is in talks with SpaceX to lead the sale of IPO shares to small investors, potentially being favored over rival brokerage platforms from Robinhood Markets Inc. and SoFi Technologies Inc., Reuters reported, citing two…
Big retailers say UK jobs at risk from guaranteed hours reforms
More than half of retail jobs could be affected by reform to guaranteed working hours, making it harder for shops to employ people – particularly young workers – in part-time roles, the industry's lobby group has warned. From April…
CVS to Open More Stores in 2026 Than It Shuts in Retail Turnaround
CVS Health Corp. plans to open more pharmacies than it closes in 2026, marking the end of a four-year contraction for the largest American retail pharmacy chain. CVS will open about 60 stores this year, including nearly 20 small pharmacy-only…
Retailers battling over lucrative rural market
INDIANAPOLIS (WISH) — Here is a look at Monday's business headlines with Jeff Vaughn, who has the latest on Macy's new AI sales assistant and small-town America becoming a battleground for retailers. Artificial intelligence is helping Macy's…
Looking Back on a Storied Career in Luxury Retailing
Just after Saks Global purchased the Neiman Marcus Group and vendors weren't getting paid for shipments, Neal Fox saw the writing on the wall. “At the current burn rate, they'll run out of cash. The numbers just don't work,” Fox said…
Retail isn't dying - it's just done pretending checkout matters
Add DMNews to your Google News feed. Tension: We built temples to consumption and forced customers to perform rituals that serve the store, not the shopper. Noise: Headlines screaming about retail apocalypse distract from the real story: stores are…
Key Events This Holiday-Shortened Week: Payrolls, PMI, ISM, Retail Sales And Fed Speech
Looking at the week ahead, we should start to learn about the economic consequences of the conflict, as several data releases for March are out which cover the period since the strikes began on February 28. In the US, that includes the monthly jobs…
Fuel excise cut welcomed, but retailers still being 'hit hard'
The Australian Government has halved the fuel excise for three months, reducing the cost of petrol and diesel by around 26 cents per litre, a measure recently called for by the Australian Retail Council (ARC), the country's leading retail body. But…
Major fashion retailer opens new store in Sheffield city centre
Sheffield has welcomed a big name new fashion store to the city centre. We've previously brought you details of Weekend Offender's plans to launch. The retailer opened earlier this month - you can find it in Cambridge Street. The menswear…
Aldi store assistant celebrates two decades with retailer
An Aldi Scotland store assistant from Airdrie is celebrating two decades with the popular retailer. Amanda Mackie, 51, joined Aldi Scotland in the mid-2000s at the retailer's store at Manse Place, seeking a role close to home that would allow her…
This Week in Retail: February sales data and April Fools' Day
At risk of ruining a pleasant (or perhaps not so pleasant) surprise, April Fools' Day is this Wednesday, and you can expect a number of brands to test out their comedic chops with some kind of marketing prank. Sometimes these attempts generate…
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