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 & Commerce Media: Actionable Advice For CMOs
As recent research shows from Dunnhumby (a customer data science company founded in the UK way back in 1989, wholly owned by Tesco, and in 2015 Kroger acquired certain dunnhumbyUSA assets), “the majority of retail media activity is funded by…
On the Market: Twin Cities multifamily, retail and industrial properties
Three properties make the cut for On the Market this holiday week. They're all located in the Twin Cities' core, and together they offer a little something for everyone: well-located multifamily, prime retail, and blank slate industrial. The…
Peserico Unveils Menswear Growth Plans, Retail Expansion
MILAN — Peserico 's menswear collection to be unveiled on Saturday is dubbed “The Artisan Gentleman,” and the description easily applies to the vision shared by chief executive officer Riccardo Peruffo and his wife, creative…
Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer
NEW YORK — Shoppers stepped up their spending in May and surpassed expectations as temperatures warmed and gasoline prices leveled off. Retail sales rose 0.9%, up from a revised 0.4% gain in April, according to Commerce Department data…
Meet B1ock, China's Multibrand Retailer on the Digital Frontier
SHANGHAI — Inside the airy establishment, B1ock runs a tight edit manned by around 30 sales associates. Its window display and gallery shows are updated on a monthly basis. If Alibaba put Hangzhou on the map as China ‘s e-commerce…
AI-generated ads should be exempt from EU transparency rules, retail association says
Eurocommerce, the European retail association whose members include Amazon AMZN.O, H&M, Inditex, and Ikea, is asking EU tech chief Henna Virkkunen to exempt AI-generated advertisements from the bloc's new regulation requiring disclosure of AI use.
Reliance Retail To Create Future-Ready Garment Platform: RIL Chairman
During the ongoing Reliance AGM, RIL Chairperson Mukesh Ambani said between Reliance retail and RCPL, two growth bolstering platforms will be added, including one which extends from beverages to fresh fruits, and future-ready garments manufacturing…
Reliance Retail's Strategic Shift: Manufacturing & Export Platforms for Global Expansion
Reliance Industries Ltd is strategically positioning Reliance Retail for its next growth phase by developing advanced manufacturing and export platforms, aiming to bolster its consumer products ecosystem and significantly expand its global…
STRC Is Junk Credit In A Bitcoin Costume, And Retail Is Holding $8.8 Billion Of It
There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy's preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5%…
Damson Madder Tests Retail Ambitions with Paris Pop-up, Wholesale Showroom
PARIS — British brand Damson Madder is taking over Paris with its most ambitious physical deployment to date, opening its first European retail experience alongside a dedicated showroom and Galeries Lafayette shop-in-shop. The multi-pronged…
Retailers reported $17.6 million in sales in May, double what they did last fall
Minnesota's burgeoning legal marijuana industry reported $17.6 million in retail sales in May, a near doubling since the first non-tribal shops began opening last fall. Yes, but: That pace is still well behind one cannabis law firm's prediction of…
Reliance Retail building garment manufacturing ecosystem: Mukesh Ambani
Reliance's retail businesses are heading for transformation and for Reliance Retail and Reliance Consumer Products (RCPL) the company is building two growth-boosting platforms. “First, an Advanced Manufacturing Platform: We are building a…
UK fashion retailer to shut last 20 sites this weekend after administration woes
Alistair McAlinden and Geoff Jacobs from Interpath were appointed joint administrators, and Interpath announced last month that Quiz would implement a 'closure plan' for its final stores over the coming weeks. More than 100 head office and…
Major online electrical retailer to issue refunds to around 40,000 customers
Thousands of Marks Electrical customers are set to receive a share of £600,000 in refunds after the Competition and Markets Authority (CMA) found the retailer automatically added optional paid services to some online purchases without…
Walmart (NYSE: WMT) Hits 150 Dunkin' In-Store Locations In Expanding Retail Partnership
Walmart Inc. (NYSE: WMT) has announced it has reached 150 Dunkin' restaurants operating inside its stores, marking a significant milestone in the two brands' growing partnership. The 150th location opened at the Walmart store in Oakwood, Georgia…
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