Price increases at UK retailers fell in early May to their lowest level in more than two years, adding to signs of an improving economic …
Retail
Bruce Nordstrom, Former Retail Chair, Has Died
Bruce Nordstrom, part of the third generation of family leadership that took stewardship of the Nordstrom chain of department stores in the 1960s, died on …
US Retail Sales Unexpectedly Flat in April
US retail sales were unexpectedly flat in April as higher gasoline prices pulled spending away from other goods, indicating that consumer spending was losing momentum. …
China, Travel Retail Weigh on Shiseido Earnings
Shiseido’s China woes aren’t over yet. Net sales at the Japanese beauty group increased 4 percent to $1.6 billion in its first quarter, as wariness …
US Online Retail Spending Up 7%, Driven By Demand for Cheaper Products
Online retail sales in the US rose about 7 percent from January to April this year, an Adobe Analytics report showed on Thursday, driven by …
Inside the Indian Beauty Retail Wars
In March, Rihanna came out of her almost decade-long stage hiatus for a live performance at one of India’s most prolific celebrations – the wedding …
The Scent Firms Hacking the Retail Experience
When Dallas Pratt worked at an outpost of Aesop in an outdoor shopping mall outside Chicago, one of her and her co-workers’ favourite ways of …
Brazil Succumbs to the Retail Apocalypse It Staved Off for Years
The retail shakeout has reached Brazil, where local players are starting to restructure and consolidate amid stiff competition from foreign giants like Amazon, MercadoLibre Inc. …
Thailand’s Central Buys German Luxury Retail Property Kadewe
Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another …
US Retail Sales Top Forecasts as Consumers Keep Fuelling Growth
US retail sales rose by more than forecast in March and the prior month was revised higher, showcasing resilient consumer demand that keeps fuelling a …
US Retail Sales to Rise at a Slower Pace in 2024, Says NRF
US retail sales are expected to rise as much as 3.5 percent this year, a slower pace than 2023, industry body National Retail Federation said …
Blockchain and AI the Phenomenon in the World of Luxury Retail
What would blockchain and fashion have in common? Usually, not much, as these industries focus on different target audiences, products and services. However, one thing …
The BoF Podcast | The Retail Philosopher Creating Waves in Egypt and Beyond
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US Retail Sales Rebound in February, Weekly Jobless Claims Fall
US retail sales rebounded in February, driven by increases at auto dealerships and gasoline service stations, but consumer spending is slowing as households grapple with …
BoF Masterclass | The Art and Science of Retail Store Success
While GU, with slightly lower prices than Uniqlo and clothes aimed at younger clientele, has a solid presence in Japan, it’s less known in other …
Case Study | The Art and Science of Retail Store Success
Five years ago, Brian Bolke set up shop in Hudson Yards â then a newly built development with offices and a glittering mall on Manhattanâs …
US Retail Sales Drop by Most in Nearly a Year After Holidays
US retail sales broadly declined in January, indicating consumers took a breather after a strong holiday shopping season. The value of retail purchases, unadjusted for …
Aditya Birla Fashion and Retail Records Net Loss in Q3
The Indian fashion conglomerateâs loss amounted to 108 crore rupees ($13 million) for the quarter ended December 31, in contrast to a profit of 11 …
Sephora: ‘Mothership of Modern-Day Beauty Industry’ Revels in a Retail Makeover
With ropes to manage queues and a team of security guards stationed at the door, the vibe at Sephora in west London’s Westfield White City …
Retail Startup Neighborhood Goods Shutters All Four Stores
Neighborhood Goods, a chain of multi-brand stores that stock indie brands such as Andie Swim and D.S. & Durga, is shuttering, chief executive Matt Alexander …