Latest Articles in Retail

Target to cut prices on 2,000 items during holiday season

Retail major Target Corp. announced its plan to reduce regular prices on more than 2,000 items across owned and national brands this holiday season, to remain competitive in markets. These new price reductions are on top of the retailer's everyday low prices. In total, the company would be offering lower prices than last year on more than 10,000...

Retail |In Pictures

Charles Tyrwhitt opens new store targeting commuters in New York

British menswear brand Charles Tyrwhitt, known for its shirts, has opened a new store in Grand Central Terminal in New York City as it continues to grow its presence in the US. Charles Tyrwhitt has 12 retail locations in the US spanning the New York, New Jersey, Philadelphia, Washington D.C., Chicago, and Houston areas, and the Grand Central...

Retail

Jacquemus opens first US store in New York

French contemporary fashion label Jacquemus has opened its first US store in New York to offer its American consumers the full “curated vision” of founder and designer Simon Porte Jacquemus. Located on the corner of Spring and Wooster Streets in SoHo, New York, the two-storey, 2,906-square-foot boutique is housed within a 19th-century townhouse,...

Retail

Industry leaders comment on September retail sales growth

Retail sales rose by 0.3 percent in September and increased 3.6 percent by value and 4 percent by volume. Three industry leaders comment on the latest figures: Kris Hamer, Director of Insight at the British Retail Consortium, said: “September saw the strongest retail sales growth since January, and the highest sales volume since March 2022. This...

Retail

US retail sales pick up pace in September

Washington - Retail sales in the United States accelerated in September, according to government data released Thursday, a positive sign for consumption as the election approaches. Overall sales rose 0.4 percent to 714.4 billion dollars (549.8 billion pounds) between August and September, according to Commerce Department data, beating analysts'...

RetailFeatured

51% of consumers reportedly prefer in-store shopping ahead of holiday season

51 percent of UK and US adult shoppers prefer in-store shopping over online shopping, according to the latest insights from x-hoppers, an AI retail communication solutions provider. 62 percent of shoppers aged 55 and over were found to favor in-store shopping even more based on a survey conducted in September 2024 with market research firm Sago,...

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UK retailers set for holiday spending boost despite consumer caution

After a turbulent year for retail, Shopify's latest Holiday Retail Report brings welcome news for UK businesses. The UK is the only international market where consumers are expected to increase their spending significantly during Black Friday and Cyber Monday 2024. The report reveals a projected 21 percent rise in average spending per shopper,...

Retail |In Pictures Featured

R.M Williams opens first store outside Australia since 2017

Heritage Australian footwear, apparel and accessories business R.M.Williams is continuing its investing in the UK with a new store in Marlow, Buckinghamshire to boost international growth. The new store marks the brand’s first to open outside Australia since 2017 and is part of R.M.Williams’ expansion strategy targeting UK towns and cities “with...

Retail

Perfect Moment expands US resale program overseas to the UK, France, Italy and Germany

High-performance, luxury ski wear and outerwear brand Perfect Moment has rolled out its US resale progam overseas to the UK, Italy, Germany and France. Named Perfect Second Moment, the resale program is designed to extend the lifecycle of the brand’s products while promoting the concept of a circular economy. “This global expansion represents...

RetailFeatured

H&M showcasing new brand direction with New York pop-up

Swedish retailer H&M is looking to reignite the shopping experience and showcase its new brand direction with a boutique pop-up in New York City’s Nolita neighbourhood. The pop-up located at 372 Broome Street will be open from October 24 to December 29 and aims to “surprise customers and offer a memorable and immersive experience showcasing the...

Retail

White Stuff to open first airport store in London Gatwick

British retailer White Stuff is preparing to open its first airport store in London Gatwick, where it will put an emphasis on travel-inspired goods. Set to open in late November, it will be the first store of the brand to be located within an airport and will further build on a wider retail expansion plan that has already been fuelled by a...

RetailFeatured

Primark to open first store in Manhattan

Value fashion and lifestyle retailer Primark has confirmed it will open its first store in Manhattan, New York City, as it continues to push forward with ambitious plans of opening 60 stores in the US by 2026. The Manhattan store will be located in Herald Square, directly across the street from Penn Station, the most highly trafficked train...