Possible more M&S stores to close, boss warns
More M&S stores may have to close, warns Chairman Archie Norman. M&S is currently struggling to improve its economic outlook. In other words, its...
Macy’s first quarter earnings exceeds expectations
Retail giant Macy’s posted first quarter earnings that exceeded expectations thanks to double-digit growth in digital sales as well as robust sales at its...
Omnichannel seen as critical to future of high-street retail
Without an omnichannel approach that seamlessly merges physical and digital shopping, high-street retailers are losing in-store opportunities to satisfy the expectations of their customers.
Retailers...
Aldi and Lidl achieved record UK market share
Aldi and Lidl achieved a record market share of 12% (combined) in the UK, after growing at their fastest rate since January 2015, says...
Smartphone-based UK retail searches up 23 percent
Analysis of the volumes of UK retail searches made in the first quarter of 2017 shows that the growth of smartphone use for online...
Reebok launching ‘bio-based footwear’ later this year
Reebok have announced that later this year they will be selling "bio-based footwear" - compostable shoes made entirely of plant materials.
The US footwear and...
U.S. November retail sales rise 0.7%, surpassing expectations
American shoppers turned out in slightly stronger force than anticipated as the holiday season got underway in November, according to fresh data from the...
Target overwhelmed by demand for Lilly Pulitzer product line
On Sunday morning Target Corp’s website was made inaccessible because of overwhelming demand for the highly-anticipated debut of its Lilly Pulitzer product line.
A product...
Amazon suing 1,114 people for bogus reviews on its website
American online retail giant Amazon is suing 1,114 people who it claims carried out bogus reviews on its website. It has filed a lawsuit...
Nordstrom first quarter profit misses estimates, same-store sales up
Nordstrom posted first quarter net income of $128 million, or $0.66 per share, down from $140 million, or $0.72 per share, in the first...