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Retail News

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16 May

Aldi says it’s beating everyone on price, including Wal-Mart

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Experts say Aldi’s large assortment of private label, which accounts for 90% of its store products, gives the company greater speed and flexibility in lowering prices than Wal-Mart. The world’s …

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15 May

US Retail Sales Rebound in April

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WASHINGTON, United States — Americans stepped up their spending at auto dealers, hardware stores and e-commerce outlets as retail sales rebounded from two sluggish months. The Commerce Department says retail …

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10 May

Walgreens gives FTC ultimatum on Rite Aid merger

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The move is essentially an ultimatum, letting antitrust regulators know that the companies consider the information and actions they’ve taken to gain approval for its proposed merger with rival Rite …

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09 May

Zalando Reports Solid Growth Helped by Male Shoppers

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Zalando (ZALG.DE), Europe’s biggest pure online fashion retailer, saw first-quarter sales grow 23 percent, supported by a marketing campaign featuring U.S. actor James Franco aimed at attracting more male customers. …

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08 May

Coach to Buy Kate Spade for $2.4 Billion

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NEW YORK, United States — Handbag maker Coach Inc said it would buy Kate Spade & Co for $2.4 billion as it looks to tap the smaller rival’s popularity among …

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04 May

Amazon Fashion President Cathy Beaudoin Exits

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NEW YORK, United States — Just as Amazon is poised to become the biggest apparel retailer in the country, BoF has learned that one of the people instrumental to that …

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04 May

A dire warning about the retail apocalypse

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US retailers are closing stores and filing for bankruptcy at rates not seen since the recession.  The industry’s decline isn’t just a phase or a temporary trend: it’s a new normal, according …

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26 April

Retailers Are Going Bankrupt at a Record Pace

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Retailers are filing for bankruptcy at a record rate as they try to cope with the rapid acceleration of online shopping. In a little over three months, 14 chains have announced …

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24 April

Is the Lingerie Market on the Verge of Another Disruption?

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 Inside the Aerie pop-up shop in Soho, the body positive, post-Victoria’s Secret message that has become the brand’s calling card since it released its first photoshop-free campaign in early 2014 …

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24 April

Opening Russia’s Retail Frontiers

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Olga Karput’s influential Moscow concept store Kuznetsky Most 20 and Hatulia Avsadjanashvili’s boutique Nevsky 152 in St Petersburg flourish because their ultra-wealthy clientele is essentially recession-proof. Due to heavy import …

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