Struggling to compete with e-commerce giants, department stores have seen better days.
The UK’s retail trade association has warned that retailers will no longer be able to protect consumers from the increase of imported goods since the Brexit vote last June.
Controversial fashion brand American Apparel is now in business again, selling its edgy jeans and iconic leggings.
The expectations of luxury shoppers are changing.
Wall Street is getting ready to hear from a number of retail giants this week.
UK consumers are becoming more inclined to swap cash for card and it’s beginning to affect where they shop.
This week, it was announced that ubiquitous handbag brand Michael Kors was buying the luxury shoe brand, Jimmy Choo, in a $1.2bn deal.
Health food and supplements chain Holland & Barrett has been sold to Russian billionaire Mikhail Fridman’s L1 Retail for £1.77bn.
China’s second-biggest e-commerce firm, JD.com – not to be confused with the UK sports retailer, has announced a new investment in the luxury online retailer Farfetch in a $397m deal.
Walmart, the world’s largest company by revenue, will buy men’s fashion retailer Bonobos for $310m.
What are retailers spending the largest chunk of their IT budgets on?
Young people when shopping for clothes have the highest purchase frequency, with 58.1 percent of 16-24s buying clothing at least once a month, compared to 14.6 percent of over 65s, according to GlobalData research.
UK consumer confidence reached a four-month high in May despite inflation since last year’s Brexit vote causing prices to rise in stores.
British beauty brand The Body Shop is on the market for £600m after its owner, L’Oreal, put it up for sale earlier this year.
UK consumers enjoyed shopping more in the last 12 months compared to the previous 12 months for every retail sector that they were asked about, according to new GlobalData research.
With the election manifestos published we can finally see what the parties have for retail.
Amazon has announced it will create 1,200 new jobs at a new fulfilment centre in Warrington, UK.
US retailers are not having a good time at the moment.
Canadian coffee brand Tim Hortons is launching its first UK store this year, in Glasgow.
Retail sales figures in the UK have suffered the biggest quarterly drop since 2010.
UK’s surprise general election next month is heaping uncertainty on top of a political situation already fraught with doubt.
Since the right-leaning Mauricio Macri gained the presidency in 2015, he’s been trying to integrate Argentina back into the international community.
US hiring slowed sharply in March with just 98,000 new jobs created according to data released by the Labor Department today.
British retailers are falling behind their European and US counterparts when it comes to mobile.
Karen Millen, founder of the eponymous high street brand, has been declared bankrupt by the High Court.
Artificial intelligence (AI) has been doing some pretty cool things of late.
Millions of jobs could be affected by automation and artificial intelligence (AI) by 2030s, as the technology makes inroads across all sectors.
Drones deliveries can no longer be written off as a PR stunt.