Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
SA online retail races to R159bn as growth accelerates
The 10% milestone marks a turning point for South African e-commerce, with retailers now focused on profitable digital sales. (Image source: iStock) South Africa's online retail sector is expected to reach R159 billion in sales by the end of 2026…
As retail theft grows more sophisticated, Pennsylvania AG touts progress of new crime section
As criminals get more sophisticated, the Pennsylvania Attorney General's Office is tasked with greater efforts to investigate and prosecute. It's especially the case when it comes to thefts and fraud at local stores. On Tuesday, Attorney General…
GreyOrange Reaches 3,800 Retailers With AI-Powered Inventory Solutions
GreyOrange, the AI-powered multi-agent warehouse orchestration and store inventory software company, has reached a key milestone: more than 3,800 retailers across the globe run the company's technology. And that includes the H&M Group. The company…
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…
HSBC puts $20b in deposits up for sale amid exit from retail banking
HSBC has given advisers at Citi the all-clear to kick off an auction of about $20 billion in deposits, marking the final stage of the global giant's exit from retail banking in Australia after more than four decades. A month after selling a $36…
Another supermarket to close doors forever as retail giant shuts dozens of shops
Fred Meyer's west Tacoma location will close in a few months (file image) Another supermarket will close as a US retail giant continues to shut down dozens of its stores. Fred Meyer's store at the James Centre in Tacoma, Washington state, will…
DOJ expands beef price investigation to Walmart, Costco, Amazon and other major retailers
The Department of Justice (DOJ) Antitrust Division on Tuesday said it had expanded its investigation into beef affordability to include eight of the largest grocery retailers in the United States. The expansion comes after the DOJ launched an…
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…
'Misleading' Onam offer: Textile retailer ordered to pay Rs 31,500 to senior citizen
4 min read New Delhi Make us preferred source on Google A consumer commission in Ernakulam has directed a textile retailer to pay Rs 31,500 to an 81-year-old consumer after finding that an Onam promotional advertisement gave a ‘misleading'…
iPhone 18 Pro revealed to come in three new retail colors
Rumors about the iPhone 18 Pro colors have been all over the place, but with its September 9 premiere coming closer, we may have much more clarity about Apple's plans in that regard. A new rumor claims that the company will ditch all the iPhone 17…
Two-wheeler retails fall 8.3% in August
India's two-wheeler market lost 1.53 lakh registrations in August compared to the previous month as pre-festival purchase deferrals and monsoon conditions weighed on dealership traffic. Hero MotoCorp, Honda, Bajaj Auto and TVS Motor bore most of…
Beloved toy retailer continues comeback with new California store as nostalgic shoppers rejoice
Toys R Us is bringing its iconic toy aisles back to another American shopping mall as the once-dominant retailer continues a brick-and-mortar comeback that has nostalgic fans buzzing. A new location is coming to Northridge Fashion Center in…
Retail, wholesale Indian sugar prices drop further
Retail and wholesale sugar prices continued to decline on Wednesday, even as mills found few takers for their offers priced over ₹4,400 a quintal. Industry sources said mills struggled to sell sugar on poor demand and the market will drop…
Nvidia Is Still Retail Investors' Most-Held Stock on Robinhood, but a New Trillion-Dollar Stock Has Entered the Top 10
Over the last 15 years, retail investors have been making their presence felt on Wall Street. The authors of 'The Retail Investor Report,' published by the University of Missouri-Kansas City School of Law, note that retail investors comprised 25%…
Poundland owners rush to sell retailer before Christmas
The owners of Poundland are racing to find a buyer for the discount retailer ahead of the all-important Christmas trading period, having already received interest from suitors. Gordon Brothers, who bought Poundland only a year ago, have appointed…
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