Retail Industry News
A collection of Retail latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Retail As Critical Infrastructure: Finland's AI And Total Defense Model
HEINUJARVI, FINLAND - NOVEMBER 19: Soldiers walk through the camp, as members of the Finnish arctic expert Jaeger Brigade train British, Swiss and french troops in cold-weather logistics on November 19, 2024 near Heinujarvi, Finland. The exercises…
Why Urban Sophistication Built A House And Ignored Retail Convention
The use of a real house goes with the brand's unconventional approach. Nothing about the way Urban Sophistication goes about retailing conforms with the given norms, and that doubles down for its new store in South Korea. Located in an off-retail…
Tanger Pivots To Full-Price Retail While Redefining Outlet Shopping
Tanger has just acquired the Town Center at Levis Commons outside Toledo, OH. This is the fourth open-air lifestyle center purchased since late 2023 as Tanger pivots from premium outlet centers into full-price retail. And the shift isn't just…
What Banking Can Learn From Retail's First-Party Data Playbook
Jordan Glazier, Founder and CEO of Wildfire Systems. Banks see the swipe, but retail sees the basket. That gap is the difference between a relevant offer and a forgotten one. Retailers have spent the past decade refining how first-party…
Retail sales rise 9% in May amid improving consumer sentiment
Sales at major retailers rose 9 percent in May from a year earlier, data showed Wednesday, driven by improving consumer sentiment and stronger revenue at both online and offline platforms. Korea's retail sales increased 9 percent from a year…
How to Win Skeptical Consumers In a Fragmented Retail Market
The era of the predictable, discount-obsessed holiday shopper is officially over. While macroeconomic anxieties persist, a trans-Atlantic study by customer engagement platform Braze reveals that consumers are not necessarily locking up their…
Prada, Giorgio Armani, Ralph Lauren Impress Retailers
MILAN — The heat wave in Milan was a recurring topic of conversation during men's fashion week as retailers and the press fanned themselves and tried to find some solace from the scorching sun and high humidity. Fittingly, brands seemed to…
Retailers Overstocked to Avoid Tariffs. Then Inflation Hit.
Some fashion retailers ‘ efforts to reduce the higher import costs are backfiring. Fearing higher tariffs, retailers built up inventory, only for products to pile up in full warehouses as inflation continues to hold consumers back from…
This Prime Day, Retailers Make a Bid for the Bots
Amazon Prime Day has always been a massive opportunity for third-party retailers, which already account for more than 60 percent of the e-commerce giant's sales. The annual influx of shoppers, many of whom have been waiting months to buy wishlist…
Tech Tuesday: Inside the Push to Rewrite the Rules of Physical Retail
Editor's Note: In this week's column, Sourcing Journal is deviating from its usual format of multiple news items to present an exclusive interview with executives from Duggal Visual Solutions. The modern store is no longer just a place to buy…
Life Hack or Retail Abuse? AI is Writing Persuasive Refund Claims for Shoppers
AI has made it easy for consumers to write convincing refund claims, helping shoppers get away with behavior that retailers deem abusive, new survey findings show. A consumer might buy a top of multiple sizes and colors, only to choose the best fit…
Athleisure Brand Vuori Targets China in Global Retail Push
Athleisure brand Vuori bets Chinese consumers will shell out for its stylish workout clothes in a global push that primes it to challenge rivals like overseas. The brand—known for its jogger pants as well as attire for tennis, golf and other…
Best retailers to save for GTA VI pre-orders for PS5 and Xbox
After months of rumours and years of anticipation, Grand Theft Auto VI is almost here, and gamers can secure their copy early this week. Earlier this month, Rockstar Games announced that pre-orders for the game would open on Thursday, June 25. It…
SpaceX stock price drops again as post-IPO gains for retail investors get nearly wiped out
Shares of Elon Musk's Space Exploration Technologies Corp. (Nasdaq: SPCX), better known as SpaceX, are having a bad week so far. On Monday, the stock price for Elon Musk's space and AI company crashed by more than 16%. That decline followed drops…
Axios House: Retail leaders embrace the participation economy
CANNES, France — Shoppers want a more active role in shaping how brands show up and sell to them, said executives at an Axios Live event on June 22. Why it matters: Companies seeking long-term loyalty are moving toward treating customers as…
Receive a Daily briefing on Retail Industry News
Get Started