Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Building A Retail Platform Across Iconic American Brands
A Brooks Brothers Inc. store on Rodeo Drive in Beverly Hills, California © 2017 Bloomberg Finance LP Kumar “Kartik” Kartikeya is helping to define the shape of a newly formed retail powerhouse Catalyst Brand. As Senior Vice…
Trussardi Embarks on Global Retail Expansion
MILAN — Trussardi is investing in its retail network, with 10 new openings expected by the end of the year. “Our first aim was to clarify and define the identity of the brand, building its visibility,” said chief executive…
Immigration Department arrests four illegal workers at MegaBox bedding retailer
The Immigration Department has arrested three women and one man following an undercover operation at a bedding retail chain in Kowloon Bay. SCROLL TO CONTINUE WITH CONTENT The suspects, all mainland Chinese nationals on tourist visas, are being…
Murky Secondary Markets Sell Pre-IPO OpenAI and SpaceX Shares to Retail Investors · Digg
Forbes: Ordinary investors are now being sold access to private OpenAI, Anthropic and SpaceX shares before the companies go public, through a private-market chain where access can be real, expensive, delayed, or fake. The real market is messier…
Andrew Left testifies in fraud trial, says he called out a company that 'preyed on' retail investors
'A short-seller cannot kill a company. You can expose a company.' That's what short-seller Andrew Left told the jury from the witness stand at his securities fraud trial on Tuesday. The founder of Citron Research is accused of deceiving retail…
Sales jump at homeware retailer Dusk despite pressure on shoppers
Dusk has revealed a surge in sales and improved profitability on the back of strong demand for its furniture. The online homeware and furniture retailer has revealed revenues jumped by 28% to £195 million for the year to March 31, compared…
How Blueland Reinvented Its Packaging for the Retail Aisle
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. Household cleaning brand Blueland launched in 2019 as a sustainable alternative to…
French Fashion Retailer Partners with AI Search Firm To Boost Digital Revenue
A French fashion brand has partnered with a U.S.-based AI firm to boost search results, a push that is now responsible for a third of the retailer's digital revenue. Gémo partnered with Algolia to leverage a menu of AI -powered tools that…
From discovery to conversion: Retailers prepare for AI shopping
As AI shifts from a search tool to a shopping companion, retailers are facing a familiar challenge in an unfamiliar form: How to stay visible when the customer journey changes overnight. For decades, commerce has evolved alongside the platforms…
Popular fashion retailer confirms closure in UK town today
The retailer only opened in the Cheshire town two years ago A popular men's fashion retailer inside a UK shopping centre has permanently closed after less than two years. Tessuti in Warrington 's Golden Square shut its doors on Tuesday after…
Retailers Dominated the Headlines This Earnings Season -- Here Are the Winners and Losers
It's been a challenging year for retailers. Inflation, geopolitical conflicts, and tariffs drove up costs, while the same macro headwinds curbed consumer demand for new products. However, not all retailers sank with the broader sector. Let's review…
S. Korean retail mogul apologizes | Arkansas Democrat Gazette
SEOUL, South Korea -- South Korean retail tycoon Chung Yong-jin on Tuesday issued his second apology in two weeks as Starbucks' local operation faces backlash over a recent marketing campaign that was widely perceived as mocking victims of a bloody…
As CEO of the $96 billion Sam's Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
On a Friday morning in April, Latriece Watkins stood before an array of pallets in Secaucus, N.J., pondering an existential question: How many fruit cups are too many? Watkins was 12 weeks into her job as CEO of Sam's Club, the…
Target vs. Walmart: Which Retail Stock Is the Better Buy After Earnings?
Within roughly 24 hours of each other last week, two of the biggest names in American retail opened their books -- and both gave investors plenty to chew on. Big-box retailer Target Corporation (TGT 0.14%) returned to sales growth after a long…
AutoZone stock on pace for worst trading day since March 2020, despite retailer beating Wall Street estimates
Shares of AutoZone are on track for their worst trading day in more than six years. That's despite the retailer reporting earnings per share of $38.07 for its latest fiscal quarter that ended May 9, beating the $36.28 expected by average estimates…
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