Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UK's biggest gaming retailer is on brink of collapse for the second time
UK high street retailer GAME is on the brink of collapse for the second time. GAME has filed a notice of intention to appoint administrators through law firm RPC. This signals a company is preparing to enter administration and provides a temporary…
Discount retailer enters administration with 137 stores at risk
The Original Factory Shop has fallen into administration, putting the future of the chain's 137 stores and 1,180 staff at risk. The discount retailer appointed administrators from Interpath Advisory on Wednesday and will continue to trade from its…
Report: UK retailer GAME is going into administration again
UK high street retailer GAME is reportedly on the verge of collapse once again. Bloomberg reports that the company filed a notice of its intention to bring in insolvency administrators on Wednesday (January 29). The Business Desk has spotted that…
Retail Leaders Launch 'Go Red, Shop With Heart,' an Industry-wide Initiative Supporting the American Heart Association
A coalition of retail leaders has come together to launch “Go Red. Shop With Heart,” an industry-wide initiative designed to raise awareness and funds for the American Heart Association throughout the month of February, which is…
UOBAM Malaysia launches Greater China equity fund for retail investors
KUALA LUMPUR: UOB Asset Management (M) Bhd (UOBAM Malaysia) has launched the United Intelligence Series – Greater China Fund (UIS-GCF), offering Malaysian retail investors exposure to Greater China equities through a feeder fund structure.
Malaysia 'Mom-and-Pop' Retailer Eyes $750 Million IPO Valuation
KUALA LUMPUR, Malaysia—One of Malaysia's largest convenience-store chains is planning an initial public offering that would give it a market value of around $750 million, people familiar with the process said. KK Super Mart is planning to go…
Proposed Homer Glen development would add condos, duplexes, retail along 159th Street
Getting your Trinity Audio player ready... Homer Glen village officials are seeking feedback from residents on a potential new mixed use development proposed for 159th Street. Developer Boris Predovich is looking to build Arya, a 15.5 acre…
L.A.'s January Retail Openings Show Jewelry, Denim and Fitness Brands Betting on Destination Flagships
January's crop of store openings across Los Angeles points to a common thread: brands are investing in flagships designed to function as destinations, not just points of sale. From Beverly Hills to West Hollywood and the Valley, jewelry and apparel…
Retail CEOs were on the move in January
Retailers took the “new year, new you” mantra and ran with it in January, with a slew of new CEO appointments across the industry this month. Here are the ones to know: Saks Global CEO Marc Metrick exited his role less than two weeks…
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Inside Tesco's Engineering Blueprint For Global Omnichannel Retail
As global retailers push toward seamless store-to-digital convergence, the complexity no longer lies in building apps or deploying APIs; it lies in making every customer interaction consistent, fair, resilient, and compliant at a massive scale. For…
Retail investors welcome gov't plan for single-item leveraged ETFs amid semiconductor boom
Kim Moo-jin, an office worker in his 30s, said he was glad to hear news reports about the government plan to introduce leveraged exchange-traded funds (ETFs) tracking Korea's leading listed companies, including major semiconductor manufacturers.
Big-name fashion retailer with Potteries Centre store closes 200 branches
Fast fashion retail giant H&M has reported a sales slowdown after a Christmas rush failed to materialise. The clothing chain - which has a branch inside Hanley's Potteries Centre - closed 200 branches globally last year. The group reported a 6 per…
Bybit Launches Retail Bank Accounts With Personal IBANs
Bybit, one of the world's biggest crypto exchanges by trading volume, plans to launch retail banking services on its platform starting in February, the company said Thursday. Bybit unveiled the product, “My Bank powered by Bybit,”…
Why the Middle East luxury boom is more complex than retailers expect
The location of the inaugural Shoptalk Luxe edition – arguably Abu Dhabi's most famous luxury hotel, the Emirates Palace Mandarin Oriental – underlines the staggering evolution of the broader Middle Eastern region as a luxury retail…
Bybit to Launch Retail Banking Services With 'MyBank' Accounts in February
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced plans to launch retail banking services under a new product called “MyBank powered by Bybit,” which is expected to go live in February 2026…
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