Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
HSBC to pull out of Australian retail banking market
The London-headquartered HSBC is closing all Australian branches over the next 18 months after selling its local mortgage and personal loan portfolio to the global asset giant Blackstone. The transaction will end HSBC's decades-long retail presence…
Sainsbury's sells Argos to Swift Partners retail specialists
Supermarket Sainsbury's has agreed to sell its Argos business to a firm set up by retail veterans including former Co-operative Group boss Richard Pennycook in a deal worth at least £120 million. The grocery chain said Swift Partners will buy…
Sainsbury's to sell Argos to three retail veterans in £120m deal
Sainsbury's has agreed to sell the Argos retail chain for £120m to allow it to concentrate on its core food business. The supermarket announced on Friday it was selling the catalogue shopping business to a trio of retail veterans, a decade…
AI Could Squeeze Retail's Middle Even Further
JCPenney remains one of the clearest examples of the pressure facing retail's middle, where legacy department stores are trying to defend relevance between scale-driven giants and more specialized competitors. (Photo by Kevin Carter/Getty Images)…
Retailers See Declines in Shoplifting, Product Thefts
Shoring up security measures is paying off for retailers. The latest “Impact of Theft & Violence 2026” report showed that retailers had a 12.4 percent decrease in shoplifting incidents as well as an 8.1 percent decline in retail…
Credit Agricole Profit Boosted by Amundi, French Retail Bank
Credit Agricole SA reported better-than-expected results for the second quarter, as income rose at its French retail business and its asset management arm reported a record profit. Revenue and net income came in slightly ahead of analysts'…
Retail investors are starting to get cold feet on the AI trade
The signs keep piling up that retail traders aren't feeling particularly gung-ho about the stock market in 2026. The latest signal came on Wednesday, when retail sold a net $243 million of single stocks, its largest one-day outflow since the COVID…
Rebecca Taylor Is Back: Inside The Beloved Brand's New Retail Era From Tribeca To The Hamptons
Rebecca Taylor re-launches in The Hamptons Every trend report points to one conclusion: Y2K fashion is back. That nostalgia has renewed interest in the labels that helped define the early 2000s. Now, Rebecca Taylor, a brand synonymous with…
Stock Hyped as Turkey's Tesla Sinks 90%, Burning Retail Traders
Small-time investor Riza Gundogdu thought he had found the next Tesla Inc. early last year when he invested in shares of Kontrolmatik Enerji ve Muhendislik AS. Newspapers had dubbed the company's co-founder and chairman, Sami Aslanhan, as…
Natural Grocers Named 2026 Sustainability Retailer of the Year by Produce Business
'At Natural Grocers, sustainability isn't a trend or a standalone initiative. It's woven into the fabric of who we are,' said Raquel Isely, vice president of marketing at Natural Grocers. 'Our Five Founding Principles have guided us for more than…
Retailer Reformation opens flat in market debut after pricing IPO at $15
Retailer Reformation made its IPO on the New York Stock Exchange on Thursday under the ticker symbol 'REF.' The company was flat in trading after pricing at $15 per share. It joins just a handful of consumer and retail companies that have gone…
Swiss Retail Sales Grew Again in June
Swiss retailers reported higher sales in June. (File photo) The Swiss retail sector grew again in June. Adjusted for sales and holiday effects, sales rose by 0.5 percent in nominal terms compared with the same month last year, the Federal…
From Dubai to California and Brazil, Inside On's Big Retail Plans
Just days after opening its first store in Dubai, On is doubling down on its investment in physical retail in California and expanding into the Brazilian market. On Thursday, the Swiss sportswear brand said that it will open four new stores in…
Fast-fashion retailer Shein's 3-year IPO odyssey cost it the 'golden time' to go public
Investors and consumers are no longer as excited by the ultra-fast fashion retailer as they once did, analysts say. Shein won Beijing's approval for a Hong Kong listing only after publicly re-embracing the Chinese roots it spent years playing down.
If the retail pie isn't really growing, whose share are you taking?
At first glance, Australian retail looks resilient. Turnover keeps rising, the population keeps growing and spending holds up. But the headlines flatter the reality: According to the ABS, household spending rose 6.3 per cent in the year to March…
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