Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How implementing a rapid refund process can increase profit for retailers
Convenience is a principal driver of shopper satisfaction. Retailers that make things fast and easy for customers are more likely to thrive. Those that don't may find shoppers simply don't come back. Payments have a major role to play in making the…
Retail Sales Rise 0.6% in February - TT
H&M CEO Daniel Erver says the retailer expects higher energy prices to have an impact on consumers. (Andrej Ivanov/Bloomberg) NEW YORK — Shoppers increased their spending in February after pulling back at the start of the year, reflecting…
Hong Kong February retail sales beat estimate with 19.3pc surge
Hong Kong's February total retail sales increased by 19.3 percent year on year, beating the estimate of 12.200 percent. SCROLL TO CONTINUE WITH CONTENT The Census and Statistics Department announced February's provisional estimate of the value of…
Major home and DIY retailer to shut 23 stores as it issues update
Topps Tiles has announced it will shut 23 stores as part of plans to cut costs. The company issued an update today as part of its latest financial results, with the closures impacting 7% of its retail estate - but the group did not disclose if any…
US Treasuries Extend Gains Before Retail, Manufacturing Data
US Treasuries climbed on speculation that a possible end to the war in Iran may pave the way for interest rate cuts, with upcoming economic data potentially offering clues on when the Federal Reserve may ease policy. The yield on two-year and…
Michele Giglio, Founder of Namesake Italian Luxury Retailer, Dead at 86
MILAN — Michele Giglio, the founder of the Italian Giglio luxury multibrand boutique, died Tuesday at 86 in his hometown of Palermo, Italy. Born in 1939, Giglio planted the first seeds of the family retail business by opening a…
Retail chain to close 23 stores in cost-saving drive
Retailer Topps Tiles has announced the closure of 23 stores across its estate, citing a challenging home improvement market and rising operational costs. The Leicestershire -based chain confirmed the closures, representing 7 per cent of its 319…
WSI Seals 10-year Retail Deal At Australia's Newest International Airport In 50 Years
Aerial drone close up view of the new Western Sydney Airport at Badgerys Creek, NSW, Australia. Ahead of its first passenger flights in October, Western Sydney International Airport (WSI) has tapped Lagardère AWPL to operate its…
EXCLUSIVE: Vacheron Constantin Anchors Retail Strategy in the Americas With Miami Flagship
Vacheron Constantin is doubling down on Miami, unveiling its largest flagship in the Americas in a metropolis that serves as a luxury nexus between the U.S. and Latin America. The new two-story boutique at 14th NE 40th Street in the Miami Design…
Retail business accelerator launches
The Ozark Retail Accelerator, aimed at helping Arkansas brands break into major retail chains, launched its inaugural cohort of 12 companies yesterday. Why it matters: Northwest Arkansas is a global retail hub, and the accelerator is designed to…
Major home retailer to close 23 stores in scramble to cut costs
A MAJOR retailer has announced it will shut nearly two dozen stores as it scrambles to cut costs. Home retailer Topps Tiles is set to close 23 sites as part of “significant self-help measures”. Your info will be used in accordance…
OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise
OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, its largest funding round to date as the company is expected to hit the public markets this year. The round will add to OpenAI's war chest as it spends enormous amounts of…
Southwest valley remains bright spot for ailing retail market in Las Vegas, broker says
Southern Nevada has lost approximately 1,300 retail jobs since peaking almost 2½ years ago, but retail construction growth remains a bright spot for the industry, according to a new Colliers report. The Las Vegas metro region's retail…
Majority of Retailers Plan to Raise Prices Over the Next Six Months, Inviting Consumer Ire
The majority of American retailers are planning to raise prices —again—in 2026, as tariff turmoil continues to roil the supply chain for consumer goods. New research from KPMG shows that 55 percent of retailers are planning price…
How to Buy a Birkin Bag Online (at Verified Retailers Where You Won't Get Scammed)
The simple reason for why the Hermès Birkin bag has remained one of fashion ‘s biggest status symbols across decades? Being named after sartorial legend Jane Birkin — thanks to that fortuitous meeting between her and Jean-Louis…
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