Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Rethinking The Post-Booking Opportunity In Airline Retailing
For most of my career in the travel industry, I've seen the airlines' revenue management teams prioritize their focus entirely on pre-booking optimization, the moment before a passenger books a trip. Price benchmarking, destination marketing and…
Retail Tech Is Done Experimenting: What It Means For Stores
Gadi Graus, CEO of A2Z Cust2Mate. For years, retail technology was driven by experimentation. Every trade show floor was filled with futuristic demos, bold concepts and promises of what stores could become. This year, that tone has changed.…
Major wine retailer puts vineyards up for sale amid industry-wide squeeze
Australia's largest retail drinks network, Endeavour Group, is shifting away from production and selling key vineyards and a bottling facility. The sale comes as industry pains reach Australia's premium wine regions, with rising costs and a supply.
B&M European Value Retail slips Thursday, underperforms market
Shares of B&M European Value Retail S.A. BME shed 2.34% to £1.75 Thursday, on what proved to be an all-around poor trading session for the stock market, with the FTSE 100 Index UKX falling 0.75% to 10,425.96. B&M European Value Retail S.A.
Retail traders are pouring money into the memory-stock craze
Memory stocks have been on a tear and it's paying off for retail traders. Everyday investors poured into memory stocks like Micron and SK Hynix in recent months, and the trend has continued as shares climb to fresh record highs, according to…
How AI Fits Into Luxury Retail: Enhancing High-Touch Personal Service
Guy Yehiav, a recognized industry thought leader, is the president of SmartSense, IoT solutions for the enterprise. Luxury products and experiences have always been marked by a high level of craftsmanship and personal service. Someone in…
Indian Govt Warns Industrial Users Against Diverting Cheaper Retail Fuel, Cites Losses
The Indian government is taking strict action against industrial users who are diverting cheaper retail fuel, causing substantial losses for state-run oil marketing companies and potentially leading to local shortages, while also ensuring adequate…
Kohl's stock jumps as slumping retailer says sales trends are improving
Kohl's reported its best comparable sales growth in four years on Thursday even as it saw revenue decline. The retailer beat Wall Street expectations on the top and bottom lines. It also reaffirmed its full-year outlook. Kohl's stock jumped 10% in…
A human-first approach to AI in retail
Artificial Intelligence (AI) is rapidly moving from the back office to the shop floor, reshaping how retail stores operate and support customers. But AI is not simply another technological upgrade. It represents a broader societal shift that raises…
Costco CEO Ron Vachris: 'I don't see AI making choices' for the retailer
There is undeniable tension between employees who fear AI will take their jobs and CEOs who are wildly optimistic that AI will change their businesses for good. As executives name AI as one of many reasons for mass layoffs, Costco's CEO Ron Vachris…
UK Retail Giants Call for Urgent De Minimis Reform
For a group of British retail heavyweights, the government's move to close a tax loophole on low-value goods from overseas by 2029 would come too little, too late. In a letter sent Friday, 16 household names, including Asos, Primark, Marks &…
Consumer Isn't Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets
The S&P Retail Select Industry Index rose more than 1% Thursday morning as shares of Kohl's, Best Buy, and Dollar Tree surged on better-than-expected earnings results. Results suggest the U.S. consumer was stronger than feared in the prior quarter…
A 1,700% Jump Turns Retail Trader Favorite Sivers Into Short Bet
A small Swedish semiconductor firm that's soared about 1,700% this year has become one of the country's most-shorted stocks. Traders have piled into tiny companies like Sivers Semiconductors AB as part of the frenzy for companies that are building…
Gap shares tumble 13% as retailer cuts sales guidance after disappointing Old Navy performance
Gap issued mixed fiscal first-quarter results, missing on the top line but beating on the bottom. CEO Richard Dickson told CNBC sales at Old Navy were worse than expected after the brand's spring and summer assortment failed to land with shoppers…
Inside Korean Beauty Retail Giant Olive Young's First U.S. Store
The second I walked into an Olive Young store in South Korea (well, one of about five locations I visited), I knew the beauty retailer was different. The sense of discovery and playfulness were unlike anything I'd experienced in a long time.
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