Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Retail space at London's historic Royal Exchange put on sale
The retail arm of London landmark the Royal Exchange has been put up for sale four years after it last changed hands. US owner The Ardent Companies has hired agents to sell the near 51,000sq ft high-end retail and dining space that spans the lower…
Revolut Is the Most Dangerous Name in Retail Trading. Nobody in the Industry Wants to Say It.
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Retail Partners Talk Building Community With Merrell
“ Merrell has been an incredible partner to Nordstrom for years, and their 45th anniversary is a milestone we're proud to celebrate alongside them. Our partnership is rooted in a shared belief that great footwear should take you anywhere…
Hong Kong April retail sales miss forecast with 8.6pc growth
Hong Kong's retail sales extended gains for the 12th consecutive month in April to HK$31.4 billion in value, while the increase narrowed to 8.6 percent from a year ago, government data showed on Tuesday. SCROLL TO CONTINUE WITH CONTENT That…
Fake cigarettes and toys that are 'essentially weapons': Choice refers online retailers to regulator over unsafe products
Cigarette lighters that look like toys, gel blasters, flick knives and fake tongue studs are among the “frightening” number of unsafe and potentially banned products being sold to Australians on online marketplaces, a Choice…
The top 10 highest-paying jobs for teens in the U.S.-No. 1 isn't retail or food service
Jacob Wackerhausen | Istock | Getty Images Having a part-time job is a rite of passage for many American teenagers, especially in the summer months. A May 5 report from Resume Genius, an online career platform and resume builder, identified the…
An AI overhaul at Macy's is fueling the 168-year-old retailer's turnaround
After Macy's launched its AI-powered “Ask Macy's” shopping assistant in March, executives quickly noticed that one feature was a particularly big hit with customers. The chatbot's “Complete the Look” virtual try-on…
Farm Rio Bets on Destination Retail With a Quartet of European Summer Takeovers
LONDON — Farm Rio, the 29-year-old Brazilian lifestyle brand known for its tropical prints and vibrant colors, is doubling down on its sunny and maximalist brand DNA to drive a global expansion, rolling out a quartet of retail activations in…
How U.S. Retailers Are Absorbing The Fuel-Price Shock
We have diligently tracked the Gulf-related fuel-price shock hitting the American consumer, with prices rising at the fastest rate in three years, personal savings depleted, and spending still running hot, a trend Goldman flags as increasingly…
Bristol cycling retailer to close after 22 years
A premium cycling retailer has gone into administration, resulting in 42 jobs being lost. Saddleback, based in Yate near Bristol, announced the company is to close following increasing financial pressures after 22 years of trading. The business…
Intense pressure': How the minimum wage increase could impact retail
Minimum and award wages in Australia are set to rise by 4.75 per cent from July, following a decision by the Fair Work Commission (FWC). The decision comes after the FWC's wage review, which is required every year under the Fair Work Act 2009. It…
Retailer Risk Reduction Tips As Email Marketing Suits Surge
When retailers send marketing emails, they usually focus on ensuring those emails comply with the federal Controlling the Assault of Non-Solicited Pornography and Marketing, or CAN-SPAM, Act, and tend not to pay... To view the full article…
Jobs Report, Retail Earnings, And AI Stocks In Focus This Week
The week of June 1 brings a packed schedule for investors, with fresh labor market data, major earnings reports, and key updates from the AI sector all on deck. Economists forecast the US economy added 93,000 jobs in May, a figure that would mark a…
Consumer Reports says Amazon and other retailers could offer big June savings
Consumer Reports says Amazon and other retailers could offer big June savings Consumer Reports says early-summer sales may help shoppers save on Father's Day gifts and find deals before the usual holiday shopping season A RAINY DAY ACROSS SOUTH…
Declining sales reflect 'difficult' conditions at Retail Food Group
Australia's largest multi-brand retail food and beverage franchise owner, Retail Food Group (RFG), has shed light on its changing strategy in the wake of continued challenges. The group has long been navigating a difficult environment, with…
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