Burberry president and chief creative officer Christopher Bailey, who has been with the company since 2001 and prospered under the guidance of former chief exec Angela Ahrendts, is leaving the designer next year.
Sean Clarke’s short spell as the boss of Asda in the UK will come to an end at the start of 2018, with former Sainsbury’s executive Roger Burnley taking over in an attempt to finally overturn a string of desperate results.
Both Harrods and Selfridges have announced impressive double-digit sales growth and grown their combined share of the UK department stores market by 40 percent over the last five years.
A disastrous slump in sales has put Wesfarmers’ acquisition of Homebase under intense scrutiny.
Would you consider your fixed line operator a digital leader or a disruptor?
Israeli-based cashback startup Boom25 has been live for only three months, yet it’s already talking about plans for international expansion.
In ten years’ time, the vast majority of online delivered groceries will come from dark stores.
Vincom Retail, a Vietnam-based mall operator has raised $708m in its initial public offering (IPO), selling 397m shares at 40,600 dong ($1.79) apiece.
Chief executive Sergio Bucher’s strategy of making UK department store Debenhams a destination store for social shopping certainly makes sense, and taps into the way consumers are now shopping and spending their leisure time.
Retailers may be concerned about the potential impact of Amazon to persuade customers to voice order all their future needs through its home assistant Alexa, but the current implementation suggests there’s little to worry about.
Ikea will become the first retailer to make single-origin coffee from the White Nile region in Uganda available to its customers.
Costa owner Whitbread has said profits dropped by 10 percent at its coffee business in its first-half, due to more expensive coffee imports, higher staff costs, and rising business rates.
When online retailer Amazon announced it was looking for a new office location, US states got ready for battle.
The 18th WWD Apparel & Retail CEO Summit will take place from tomorrow in New York, until Wednesday.
Do you feel like you see high street Christmas lights earlier every year?
People all over the world often say that they can’t live without chocolate and coffee, but climate change could be putting the future of these staples at risk.
Asos, the online fashion retailer, has reported record sales and increased its forecasts for the year ahead after it more than doubled its pre-tax profits.
The world’s largest furniture retailer, Ikea, has set its sights on dominating a new space: digital.
Aviva Investors, Europe’s largest property investment manager, has warned that traditional retailers operating in the UK will soon be wiped out.
Struggling to compete with e-commerce giants, department stores have seen better days.
Is there anything Amazon can’t do?
Amazon’s takeover of Whole Foods in August has transformed the US grocery market in a matter of months.
China is witnessing a technological boom in its shops and restaurants – and human staff are being edged out.
The ever-changing state of consumer demands has led to a massive change in the role of physical stores, forcing retailers to experiment with different ideas to stimulate footfall.
Ikea’s surprise acquisition of gig-economy app Task Rabbit shows that the furniture retailer is prepared to make radical decisions as it speeds up the way it adapts to changing consumer shopping behaviour.
Next year will mark an upheaval in the clothing retail industry that’s been brewing for 10 years.
Theo Paphitis tells it like it is.
UK shoppers are ditching traditional supermarkets in favor of German discount grocers Aldi and Lidl.
Lidl’s Esmara by Heidi Klum range has lived up to expectations and paves the way for material growth through clothing for the discounters.