Retail Industry News

A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

forbes.com - Mark Faithfull - Citi Trends Latest Off-Price Retailer Thriving As Consumers Seek Value
Citi Trends Latest Off-Price Retailer Thriving As Consumers Seek Value
Forbes

Citi Trends has ambitious expansion plans for its store network. (AP Photo/Rogelio V. Solis, File) Copyright 2018 The Associated Press. All rights reserved. Off-price retailer Citi Trends has reported double-digit sales growth and outlined plans…

japantimes.co.jp - Electronics retailers Yamada and Edion eye business integration
Electronics retailers Yamada and Edion eye business integration
The Japan Times

Major Japanese home appliances retailer Yamada Holdings and industry peer Edion said Thursday that they are considering integrating their operations. Yamada is already the leading player in the industry, and combined consolidated sales at the…

marketwatch.com - MarketWatch Automation - B&M European Value Retail rises Thursday, outperforms market
B&M European Value Retail rises Thursday, outperforms market
MarketWatch

B&M European Value Retail S.A. BME shares advanced 6.55% to £2.08 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 0.27% to 10,360.32. B&M European Value Retail…

businessinsider.com - Naomi Buchanan - Expect retail hype to make SpaceX stock especially volatile in early trading
Expect retail hype to make SpaceX stock especially volatile in early trading
Business Insider

SpaceX's highly anticipated IPO is likely to be a huge event for retail traders, but that means investors should expect more volatility than usual for a trading debut. The company is expected to allocate an atypically large amount of stock for…

wsj.com - Don Nico Forbes - Eurozone Retail Sales Fell in April
Eurozone Retail Sales Fell in April
Wall Street Journal

Eurozone retail sales fell more than expected in April as rising energy prices continued to erode consumer spending power, adding to concerns that the currency area's economy could contract in the second quarter. Volumes fell 0.4% from March…

ajc.com - Savannah Sicurella, Amy Wenk, Zachary Hansen - Northlake Mall retailers told to vacate. Is a sale and redevelopment next?
Northlake Mall retailers told to vacate. Is a sale and redevelopment next?
ajc

Cade frets he will be unable to make the 30-day deadline to leave. It's not usual for landlords to only provide 30 days to vacate, even if their tenants are on month-to-month leases. When Cade left North DeKalb, he was given 90 days to vacate, and…

cnbc.com - Diana Olick - Why institutional investors are returning to retail 'in a very big way
Why institutional investors are returning to retail 'in a very big way
CNBC

More stores closed or downsized than opened or expanded during the first quarter, according to a report from JLL, but vacancies are still low at just 4.4%. Retail offers much better yields than other commercial real estate sectors. Investment…

crunchbase.com - Mary Ann Azevedo - Exclusive: Scotch Raises $20M Series A To Disrupt Legacy Liquor Retail Tech With AI
Exclusive: Scotch Raises $20M Series A To Disrupt Legacy Liquor Retail Tech With AI
Crunchbase

Scotch, an AI-native operating system designed specifically for liquor store owners, has secured $20 million in a Series A funding round, the company tells Crunchbase News exclusively. Operating as an “all-in-one” software ecosystem…

koreatimes.co.kr - Yonhap - Distressed discount retailer Homeplus to shutter 37 stores
Distressed discount retailer Homeplus to shutter 37 stores
The Korea Times

Financially troubled discount chain Homeplus is shuttering more than 30 percent of its stores across the country, a decision likely to leave some 3,500 employees jobless, industry sources said Thursday. The company delivered the decision in a…

seekingalpha.com - Rob Williams - Retail investors get a shot at SpaceX IPO through major brokerages (SPCX:Pending)
Retail investors get a shot at SpaceX IPO through major brokerages (SPCX:Pending)
Seeking Alpha

Major brokerages like Fidelity, Schwab, Robinhood, SoFi, and E*Trade are making SpaceX IPO shares available to individual investors, with specific allocations dependent on demand and brokerage requirements. Eligibility requirements vary, such as…

seekingalpha.com - Rob Williams - SpaceX IPO: Fidelity unveils way for retail investors to buy shares (SPCX:Pending)
SpaceX IPO: Fidelity unveils way for retail investors to buy shares (SPCX:Pending)
Seeking Alpha

Fidelity Investments on Thursday outlined how its brokerage customers can seek shares in the highly anticipated initial public offering of SpaceX (SPCX), giving retail investors a potential path into what could become the largest stock market debut…

nutraingredients.com - Holland & Barrett rebuilds Asia presence with DFI Retail Group
Holland & Barrett rebuilds Asia presence with DFI Retail Group
NutraIngredients.com

Holland & Barrett is returning to Singapore and entering more Asian markets through an exclusive partnership with DFI Retail Group - the parent company of retail pharmacy chains Guardian and Mannings.

adweek.com - Trishla Ostwal - EXCLUSIVE: Criteo Cuts ChatGPT Ad Minimums, Offers Incentives to Woo Retailer Brands
EXCLUSIVE: Criteo Cuts ChatGPT Ad Minimums, Offers Incentives to Woo Retailer Brands
ADWEEK

The future of brands gets decided here. Join the industry's top marketers at Brandweek for the ideas, insights, and connections shaping what's next. Get your ticket. As brands rush to test advertising inside ChatGPT, Criteo is gaining traction…

seekingalpha.com - Clark Schultz - June jolt: Amazon's early Prime Day will be a major retail sector catalyst (AMZN:NASDAQ)
June jolt: Amazon's early Prime Day will be a major retail sector catalyst (AMZN:NASDAQ)
Seeking Alpha

Amazon's shift of Prime Day to June could result in increased sales, higher customer engagement, and competitive advantages by leading the summer retail calendar and drawing shoppers away from rivals. Major competitors have announced overlapping or…

insideretail.com.au - Tong Van - What the world's top talent agency wants retailers to know
What the world's top talent agency wants retailers to know
Inside Retail Australia

Adrian Staiti has spent the last five years watching brands navigate the gap between cultural excitement and commercial discipline with varying degrees of success. Based in Singapore, Staiti oversees the Apac sports division of global talent…

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