After a U.S. store expansion that fizzled a few years ago, fashion retailer Uniqlo is trying something new: selling its wares from vending machines. The hip Japanese clothing chain owned …
The grocery giant recorded a sales drop 3.2 per cent to £21.7 billion in its full-year period ending December 31, while pre-tax profits slumped by almost 19 per cent to …
SHANGHAI, China — High-tech automated convenience stores are infiltrating Beijing and Shanghai. One of them, BingoBox, launched in several neighbourhoods early this month, offering shelves lined with instant noodles, beer …
Neiman Marcus said Wednesday that a reorganization of its business to reflect changing customer shopping habits will include a reduction of its workforce. The Dallas-based retailer also said it’s assessing …
LONDON, United Kingdom — Jimmy Choo is changing hands. Again. This time, the luxury shoemaker is being acquired by accessible luxury giant Michael Kors from its previous owner JAB Holding Co. …
Swedish financial publication Veckans Affärer suggested this week that the Fast Retailing-owned Japanese apparel giant could be taking up a unit at the Sverigehuset retail centre in Stockholm. The premises …
Just two weeks after their opening, the temporary boutiques featuring the fruits of the Louis Vuitton and Supreme collab have closed their doors in France and in the United States, …
Many rival department stores shutter locations and Amazon continues to grow and divert sales from brick-and-mortar stores to online. But Kohl’s isn’t following suit. The department store has 500 more …
Chinese e-commerce giant and data technology provider Alibaba Group has just unveiled a cashier-free retail store. The online group has joined other retail chains and tech startups flocking into the …
Despite healthy measures of consumer confidence in June, shoppers are keeping their money in their pockets. “Consumers still seem tentative,” Dan North, chief economist at trade insurance company Euler Hermes …