Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Sugar Mills Question High Retail Prices
The sugar industry has expressed dismay over retail prices not falling in line with the sharp decline in ex-mill rates in recent days. At a joint press briefing in New Delhi on Tuesday, the Indian Sugar and Bio-energy Manufacturers Association…
UK's Top Rolex Retailer Sees Strong Growth Fueled by US Demand
Watches of Switzerland Group Plc showed little sign of a summer lull, with robust US demand and a pickup in the UK underpinning expectations for strong annual revenue growth, even if conditions are expected to be more challenging in coming months.
What to Watch: Brands, Retailers Are Battling Luxury Handbag Fatigue
Fashion's forever quest for “It” bags is intensifying as European luxury brands jockey to restore excitement in the category amid lingering consumer ennui. Givenchy and Saint Laurent are among brands to have brought in high-profile…
True Religion's Renaissance: Inside the Brand's Repositioning and Retail Strategy
True Religion has entered a new era. Initially a premium denim label, in recent years the brand has transformed into a broader lifestyle business with a more accessible price point. When the brand was selling $200 or $300 jeans, the potential…
The Same-Day Delivery Race Is Putting Retailer Margins to the Test
Although more retailers are seeking to capitalize on same-day delivery as consumers become more accustomed to faster shipping times, the economics involved with getting the infrastructure in place has remained a sticking point for most businesses.
This Iconic American Retailer Is Worth Nearly $8 Billion. Now It's Trying to Break into the $15 Billion Handbag Market.
Gap is entering handbags with GapBag, a collection that turns familiar denim and fleece details into totes, crossbodies and smaller accessories. The company hired former Coach creative leader Reed Krakoff to give its accessories business more…
Fast Retailing Shares Drop as Uniqlo Japan August Sales Fall
Fast Retailing shares fell sharply on Thursday after its flagship Uniqlo Japan business reported weaker same-store sales for August, as cooler temperatures and unfavorable weather reduced demand for summer clothing. Shares of Fast Retailing…
A pattern of success: A Valley illustrator has designed her way onto the shelves of retail stores
What do a navy blue blanket with lobsters, a leopard-print blanket with pink bows, a sage green blanket with geese in costumes and a light purple blanket with kittens wearing slices of bread and pizza all have in common? They are available…
APT Travel Group hires Jemma Allerton-Griffiths to head retail growth
Sep 2, 202611:16 GMT by Robin Murray APT Travel Group has appointed former Kuoni manager Jemma Allerton-Griffiths to the newly created role of national retail manager to drive trade growth. Allerton-Griffiths, who held the same position at Kuoni…
Retail sugar price drops 3.85% to ₹62.57/kg in a week: Govt data
The average all-India retail price of sugar has declined by 3.85 per cent to Rs 62.57 per kg in a week, following recent government measures including allowing imports and tightening of stockholding norms for bulk users and dealers, according to…
Ace Hardware adds influencer, DoorDash and weather features as it builds out a retail media strategy
Almost one year into its existence, Ace Hardware's retail media network, RedVest Media, just announced a slate of new features for advertisers as part of an upfront event last week. The new features include incrementality measurement functions for…
Everyone wants to be a prestige beauty retailer now
Once upon a time, an air of exclusivity enveloped the sale of prestige beauty products. At the turn of the 21st century, department stores existed as the destination for high-end beauty, with kiosks helmed by salespeople ready to color match a…
Retailers urge Healey to unwind national insurance hike
Retailers have called on Chancellor John Healey to unwind some of the national insurance reforms made by his predecessor in a bid to tackle the youth joblessness crisis. The British Retail Consortium (BRC), which represents retailers including…
Goleta Council to Consider Moratorium on Approving New Gun Retailers
The Goleta City Council directed city staff Tuesday to draft a moratorium to temporarily halt approval of new firearm retail dealers. Tuesday's meeting was a highly anticipated discussion regarding possible city regulations on firearms and…
Anthropic launches AI agent blueprints for retailers ahead of holiday shopping season
NEW YORK, Sept 2: Artificial intelligence company Anthropic is giving retailers blueprints to build shopping and merchant agents on Claude, it announced on Wednesday, as demand for internal and external conversational search tools expands ahead of…
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