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Retail News

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12 July

Nordstrom buys stake in four apparel brands owned by UK fashion house Asos, in bid for younger shoppers

  • Categories Retail News, Top News
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Nordstrom said Sunday it has acquired a minority stake in four apparel brands owned by the online U.K. fashion house Asos. The brands — Topshop, Topman, Miss Selfridge and the …

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09 July

Glossier’s $80 Million Raise Signals the Enduring Importance of Stores

  • Categories Retail News
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Glossier, which started as an e-commerce outgrowth of Emily Weiss’ Into the Gloss beauty blog, was for a long time synonymous with its Soho store. From the day it opened …

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01 July

H&M reveals plans to shut 250 stores this year

  • Categories Retail News, Top News
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H&M group has reported a rise in net sales in local currencies of 75 per cent in the second quarter compared with the same period last year. The company said …

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30 June

Timberland launches take-back program to refurbish, recycle used products

  • Categories Green, Retail News, Top News
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Dive Brief: With refurbishment programs growing in popularity, Timberland has partnered with ReCircled, a company focused on upcycling and take-back programs, to launch its own re-commerce program, according to a …

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29 June

Starbucks is testing out selling these popular drinks on Facebook and Instagram

  • Categories Retail News, Top News
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New York (CNN Business)Starbucks knows that certain off-menu drinks dreamed up by its customers have become popular. So it’s trying out a way to let people order them more easily. …

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28 June

Town centre ‘anchor’ department stores cut adrift in pandemic

  • Categories Retail News
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In Émile Zola’s 1883 novel Au Bonheur des Dames, the department store that forms the backdrop for the intrigues expands steadily as the story unfolds. If Zola were writing today, …

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28 June

JD Sports unit to acquire Spain’s Deporvillage

  • Categories Retail News, Top News
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The Iberian Sports Retail Group SL (ISRG), in which it has a majority holding, has entered into a conditional agreement to acquire 80% of the issued shares of Deporvillage SL. …

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25 June

PrettyLittleThing is opening up a hotel as it moves into hospitality

  • Categories Retail News, Top News
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PrettyLittleThing has announced it is moving into the hospitality industry by opening its own hotel to capitalise on the staycation craze that is gripping the UK. The demand for staycations …

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22 June

McDonald’s has just launched its loyalty program

  • Categories Retail News, Top News
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The fast-food giant joins rival chains like Restaurant Brands International’s Popeyes and Yum Brands’ Taco Bell in creating rewards programs to hold onto the digital customers the companies gained during the …

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21 June

China’s Annual 618 Shopping Event Shows Consumers Are Back

  • Categories Retail News, Top News
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China just concluded its mid-year e-commerce shopping festival known as 618 (June 18). It’s the second-largest e-commerce shopping day in China—second only to Single’s Day (November 11)—and possibly the second-largest …

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