Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Chubu Electric retail subsidiary mistakenly overcharged 5 million customers
Chubu Electric Power said Thursday that its retail unit had overcharged more than 5 million customers for over two years due to cost calculation errors. The extra charges, found at Chubu Electric Power Miraiz, affected at least 5,009,000 customers…
[INTERVIEW] Korea is more than retail crypto market: BitGo CEO
Global crypto companies often underestimate Korea by viewing it primarily as a retail trading market, but that perception overlooks the country's sophisticated financial institutions, advanced technology infrastructure and growing demand for…
Korean retail investors in US stocks suffer as won strengthens
Hong, a woman in her 30s living in Seoul, is having second thoughts about her U.S. stock investments. 'I increased the share of U.S. stocks in my portfolio about two months ago because the Korean market was doing poorly. But the stronger won has…
Retail Roundup: Amazon Befriends OpenAI, and Walmart's Advertising Ambitions Grow
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. Retail media is trying to get bigger. This week brought a wave of moves spanning…
iPhone 18 Pro pre-orders open Saturday as retailers weigh resale potential
Apple's new iPhone 18 Pro and Pro Max will open for pre-orders this Saturday (Sep 12), but a Sincere Podium retailer expects only the larger Pro Max to command a significant resale premium. SCROLL TO CONTINUE WITH CONTENT Apple unveiled the iPhone…
This retail stock is 80% off its high. Cramer says it's still not time to buy
CNBC's Jim Cramer said Lululemon's more than 80% plunge from its record high still isn't enough to make the struggling athleisure retailer's stock a buy. He wants to see evidence that new CEO Heidi O'Neill can stabilize sales, revive international…
Viveks closes outlets after six decades of retail legacy
Viveks, a prominent name in the consumer durables space and Tamil Nadu's retail landscape, has shut its outlets across various centres. When contacted, the family responded through an e-mail note which said: “Since May 1965, Viveks has been…
Major retailer founded in 1910 closes 14 stores with more on the way
Even luxury retailers aren't safe from a tough economic climate, it would seem A major luxury fashion giant has closed more than a dozen stores this year alone, with more likely to follow due to a total overhaul of its global retail empire. The…
PS5 gamers can pre-order Marvel's Wolverine digitally for 10% off at this retailer
This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more Marvel's Wolverine game for the PlayStation 5 is officially out on Tuesday, September 15, which gives players just a few days left to…
Plan to expand Cornwall's stadium and add homes, retail, food and drink
Truro City Football Club has announced a plan to expand its base at Langarth to include a 'stadium district'. It would include a new clubhouse and increased stadium capacity, alongside a mix of accommodation, community centre, 3G pitch, health…
Carolinas retailer rejoins South Portland's crowded furniture market
A South Carolina furniture store has joined a roster of furniture retailers in South Portland. Ashley Store and Outlet opened Aug. 27 at 405 Western Ave. The 44,000-square-foot store is a return to South Portland for the retailer's owner, Broad…
Taylor Fritz Criticizes Difference Between Official US Open Tennis Balls and Those Sold at Retail
Taylor Fritz believes the tennis balls used at the US Open and the ones sold at retail aren't the same. The American star, who was upset in the fourth round by Francisco Cerúndolo, made a lengthy social media post on Thursday criticizing the…
Retailers like Kroger and Whole Foods are rolling out smart carts, and new data shows they might be quietly padding your grocery bill
Retail outlets seem to all be shifting to smart shopping carts now. While these carts look like a standard basket on wheels, they are actually sophisticated, AI -powered devices designed to change the way you shop. While these carts offer some…
MasterCraft outlines $287M-$291M net sales and $0.66-$0.76 adjusted EPS for 6-month transition period amid 5%-10% retail demand decline (NASDAQ:MCFT)
Earnings Call Insights: MasterCraft Boat Holdings (MCFT) Q4 2026 'Fiscal 2026 was a defining year for MasterCraft Boat Holdings.' (CEO & Director Bradley Nelson) He said the company 'completed the transformational combination with Chaparral and…
OBPPs pitch investor protection mechanism for retail bond investors
Online Bond Platform Providers (OBPPs) have pitched the creation of an investor protection mechanism for retail bond investors, saying it would be a fund- or insurance-like structure to help build confidence and encourage wider participation in the…
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