Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hauteline Finds Success With Hybrid Rental-Retail Model
Hauteline's store on Orchard Street offers emerging designers with an edge. The apparel rental market is notoriously difficult to crack. Rent the Runway closed all five of its storefronts and continues to struggle, and brands such as Ralph Lauren…
As diesel futures markets plummet, benchmark retail price rises
Diesel consumers can be excused if they are exhausted from trying to project where the prices they pay at the pump will be going after the events of the past few days and weeks. The weekly Department of Energy/Energy Information Administration…
Salomon Murciano on how global sourcing drives retail margins
Opinions expressed by Digital Journal contributors are their own. Retail is often described as a business built around trends, taste, and consumer behavior, but the strongest retailers know that profitability is determined long before a customer…
Hong Kong's retail sales up by 4.6 percent in June, misses expectations
Hong Kong's retail sales rose by 4.6 percent in June, marking their 14th consecutive month of growth, but remained below market estimates amid external uncertainties. SCROLL TO CONTINUE WITH CONTENT That compared to an increase of 8.5 percent for…
FMCG, Retail, Food industry must improve consumer grievance redressal system: Consumer Affairs Secy
Consumer Affairs Secretary Nidhi Khare on Tuesday asked FMCG, food and retail industries to strengthen their consumer grievance redressal system to ensure quality products and services, as she expressed concern over rising complaints. Addressing a…
Hong Kong retail sales rise 4.6% in June extending 14-month growth run
Hong Kong's retail sales rose by 4.6 per cent year on year in June, extending the growth streak to 14 months, with the government expecting continued economic growth, rising incomes and a steady increase in visitors to support the sector. The value…
Why DFI Retail Group doubled down on focus instead of diversification
In Asia's fragmented retail market and unique cultural differentiations, effective retail transformation can be fraught with challenges. Scott Price, Group CEO of DFI Retail Group, has 30 years of global leadership experience in retailing. An…
Samsung's retail investors seek extra shareholder meeting over buybacks, bonuses
SEOUL, Aug 4 (Reuters) - South Korean retail shareholder platform ACT said on Tuesday it had launched a campaign to call an extraordinary shareholders' meeting at Samsung Electronics, urging the chipmaker to buy back about $32…
Apple's India Sales Top $10 Billion on Widening Retail Push
Apple Inc. exceeded $10 billion in annual sales in India for the first time last fiscal year, underscoring surging demand for its pricey devices in a market where it's steadily ramping up its retail network. Revenue grew at double-digit percentage…
Retail spending continues to lift, EOFY sales soften
Retail spending across Australia has remained resilient, despite a dip in activity during the key end-of-financial-year (EOFY) period. June household spending data issued by the Australian Bureau of Statistics (ABS) shows $39.68 billion was spent…
Apple's India sales surpass $10B amid retail push
Apple (AAPL) surpassed $10B in annual sales in India for the first time last fiscal year, highlighting increasing demand for its devices in a market where it is steadily boosting its retail network, Bloomberg News reported.
Retailers flag illicit trade, unfair pricing practices in online markets
The Tamil Nadu chapter of the Federation of Retailers Association of India (FRAI) has raised concerns over the growing circulation of counterfeit and non-compliant products and unfair market practices in India's rapidly expanding online retail…
Insider Dumps 10,000 Shares of Iconic Retailer for $1.0 Million, According to Latest SEC Filing
Scott D. Lipesky, EVP and COO of Abercrombie & Fitch Co. (ANF +9.32%), sold 10,000 shares of Class A Common Stock on July 16, 2026. SEC Form 4 filing MetricValueTransaction value$1.0 millionShares sold10,000Post-transaction shares (directly…
Merseyside firm launches support for UK retailers
With the trade market constantly evolving, it's never been more important to keep up with the latest developments. For SMEs especially, any technology you incorporate needs to be a worthwhile investment. Merseyside-based tech firm NuEPOS delivers a…
Rethinking AI adoption: What UK retailers can learn from their US counterparts
AI spending is forecast to reach $40.74 billion by 2030. While AI adoption is accelerating on both sides of the Atlantic, UK and US retailers are taking differing approaches. US organizations are using AI to unlock new revenue opportunities and…
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