Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Mirae Asset Securities enters Hong Kong's retail digital asset market
SEOUL, April 15 (UPI) -- South Korea's Mirae Asset Securities said Wednesday it received approval to enter Hong Kong's digital asset market for retail investors. The Seoul-based brokerage noted that Hong Kong's Securities and Futures Commission…
Victory Giant Technology's retail tranche oversubscribed 41.4 times
China's Victory Giant Technology (Hui Zhou) saw its retail tranche for its Hong Kong Initial Public Offering oversubscribed 41.4 times and has drawn HK$74.2 billion. SCROLL TO CONTINUE WITH CONTENT However, the Nvidia supplier and leading mainland…
Taking Stock of the Retail Prop Trading Market
In recent years, retail prop trading has emerged as a viable alternative to the traditional brokerage business model. The segment has marketed itself effectively, and activated new retail demographics that other financial service providers have…
Saks Sells Business Jet as Luxury Retailer Shrinks in Bankruptcy
Saks Global Enterprises won court approval to sell its Gulfstream jet that executives used for business and personal travel, as the bankrupt luxury retailer slashes debt and operating expenses. Jones Aviations LLC, based in Lexington…
Study reveals AI retail agent runs $100k shop in San Francisco
An AI system is now operating a physical store in San Francisco while also hiring human staff, marking a striking shift in how automation is entering everyday retail. The experiment, led by AI startup Andon Labs, places its AI agent Luna in charge…
Kardashian ally Emma Grede on women, ambition and turning ideas into retail billions
Emma Grede, co-founder and CEO of Good American and founding partner of Skims, published her new book 'Start with Yourself' on Tuesday. Grede has multiple business partnerships with the Kardashians, including Good American and Skims. She believes…
Retail Replenishment Isn't Enough to Lift the Port of LA's April Outlook
The Port of Los Angeles processed 752,520 20-foot equivalent units (TEUs) in March, a 3.3 percent decline from the year prior when shippers front-loaded cargo ahead of the Liberation Day tariffs. Loaded imports for the month totaled 380,733 TEUs, a…
British fashion retailer to close popular store today as another one enters administration
British fashion retailer to close popular store today as another one enters administration British fashion icon New Look is closing its Carrickfergus branch, in Northern Ireland, on April 15. The retailer closed a total of 51 stores last year;…
7-Eleven is closing hundreds of stores: List of doomed retail locations grows in 2026 as chain seeks to reduce costs
Seven & i Holdings, the Japan-based owner of 7-Eleven, has announced that it plans to close hundreds of stores in North America over the next year. The store closures are an attempt to reduce costs and increase profitability for the chain of…
Exclusive: San Francisco's historic Palace Hotel is getting a new fashion retailer
Apparel brand ZastaStudio is opening a pop-up store at the Palace Hotel, moving into the former longtime home of The Rafael's, a women's clothing store that closed after more than 32 years in the location. The three-month, rent-free lease was…
Tens of thousands in stolen Lululemon clothes seized during RCMP retail blitz
The Alberta RCMP recently dedicated a week-and-a-half to tackling retail crime, which police said has been increasing over the past five years in the province, and said officers recovered over $40,000 in stolen goods. The retail crime blitz took…
Gold loans emerge as second largest retail credit product after home loans
In line with the sharp rise in gold prices, gold loans have emerged as second largest retail credit product after housing loans. Gold loans have grown 3.8 times since March 2022 and now account for 11.1% of the retail credit portfolio by balance…
End of the line for popular candy retailer as every location set to close
A TOP candy retailer is closing all of its remaining locations for good and ceasing operations. The move comes as several sweets brands have either conducted mass shutdowns or filed for bankruptcy in recent years. Your info will be used in…
Retail Traders See Goldman Sachs Enter Bitcoin Yield ETF Race with Options-Based Filing
The firm proposes a Bitcoin Premium Income ETF using derivatives and covered-call strategies. ETF would track Bitcoin via existing funds while selling options to generate premium income. Goldman Sachs has filed for a Bitcoin-linked exchange-traded…
Powerful Napa wine dynasty dies as sprawling vineyard is snapped up by luxury retailer Chanel
A powerful Napa Valley wine dynasty is over after the owner sold her sprawling vineyard to Chanel. The luxury retailer bought the Rudd Estate for an undisclosed amount as it expands its Rutherford's St. Supéry Estate Vineyards & Winery brand…
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