Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Washington Watchdogs Take Notice As AI Becomes Retail's Front Door
AI ecommerce automation concept. Person using laptop with shopping cart, chatbot, analytics and workflow icons, smart retail technology, online store management, customer support, digital sales growth Shoppers increasingly are abandoning the search…
Ikea's China remodelling: parent firm to sell 8 former retail sites
Ikea's parent company Ingka Group has hired property consultancy JLL as its sole sales agent to offload eight retail properties in mainland China, the multinational furniture brand's largest asset disposal since it entered the market nearly 30…
List of major retailers pulling products over cyclospora outbreak
A growing Cyclospora outbreak linked to contaminated iceberg lettuce has prompted widespread product removals and recalls across the U.S., with major retailers and restaurant chains taking action as federal investigators work to identify the source…
Korean brands touch down in LA for monthlong retail showcase
A Korean retail platform has brought a slice of Seoul to one of Los Angeles' busiest shopping destinations, creating a monthlong stage for small and midsize Korean brands seeking a foothold in the United States. The Korea Trade-Investment Promotion…
How payment data is reshaping retail customer engagement
Retailers have never had more ways to reach consumers. Yet, as Mastercard's Johann Suchon, SVP, consumer acquisition and engagement, Apac, explains, that abundance has created a new challenge: Deciding where to focus investment to generate…
Local area marketing is becoming retail's next growth discipline
Retail leaders are operating in a market where attention is fragmented, expectations are rising, and every marketing dollar must prove its value. The challenge is no longer simply building awareness. It is turning awareness into store visits…
Major fashion retailer to close more stores after shutting 130 branches for good
The major retailer plans to close more stores by the end of the year A major fashion chain has confirmed it will be shutting stores worldwide, following the closure of 130 branches. H&M, which has nearly 200 UK stores, previously announced that it…
How quick commerce is reshaping food retail consumption dynamics
Quick commerce is reshaping demand economics for packaged food companies and emerging as a channel not just for product discovery but also driving premiumisation and innovation, senior industry executives said. For most packaged food companies, the…
Reliance Retail to scale online business in FY27, aims to double pre-tax earnings in 3 years
Reliance Retail Ventures Ltd (RRVL) will 'rapidly' scale its online business, expand dark stores and strengthen omni-channel capabilities, as the retailer expects these investments to translate into higher margins and earnings growth, a top company…
Amazon pulls sale of e-scooter as retailers urged to remove those non-compliant with Irish law
AMAZON HAS PULLED the sale of an e-scooter that is not in compliance with Irish regulations, as other major retailers have been called upon to reexamine their products for sale. The concern is that some products can reach speeds well above the…
UK's biggest gaming retail brand collapsed into administration owing £16 million
Game Retail Limited, which at one point had stores across Scotland, including Glasgow, Edinburgh, Perth, Aberdeen and Stirling, and 600 more UK-wide, closed the last of its high street outlets in February. The retailer specialised in games consoles…
Matrix Service: Net Cash Floors A Turnaround Still Waiting On Bookings (NASDAQ:MTRX)
Matrix Service Company is rated Hold, with substantial net cash providing downside protection but weak bookings capping near-term upside. MTRX's $233 million cash position underpins a floor near $8/share, while the operating business is valued at…
iPhone 18 Pro Pricing Can Dominate Market And Start A New Super Cycle
Customers shop at the Fifth Avenue Apple Store in New York City (Photo by Michael M. Santiago/Getty Images) September will see the launch of Apple's iPhone 18 Pro and iPhone 18 Pro Max smartphones. It's going to be a curious launch with a new…
America In Focus: US inflation cooled in June, but AI build-out poses latest threat
The economy, inflation, and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the…
A Ruhr treat: can a giant pigeon and a pink basketball revive Germany's depressed industrial heartland?
After Germany's Ruhr conurbation – the third-largest urban area in western Europe – was pummelled during the second world war, planners came up with an ingenious idea. About 80% of the sprawl – which incorporates big cities…
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