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Retail News

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29 July

Secondhand Shoppers Worry About Their Favorite Local Spots

  • Categories Retail News, Top News
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For the last four months, Laurie Sigelman, an accountant in her late 40s who lives in the Studio City neighborhood of Los Angeles, has been waiting impatiently for her favorite …

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24 July

Neiman Marcus gives up on Hudson Yards after just over a year

  • Categories Retail News, Top News
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Dive Brief: Neiman Marcus will not reopen its Hudson Yards store, the first location of its namesake banner in New York City, according to court documents filed with the U.S. Bankruptcy …

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22 July

Westfield’s plans to turn House of Fraser site into office space approved

  • Categories Retail News, Top News
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Plans to convert two-thirds of Westfield London’s House of Fraser store into a WeWork-style office space has been approved by the local council. Last night, the planning committee at Hammersmith …

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22 July

MercadoLibre is a wannabe Alibaba

  • Categories Retail News, Top News
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Since your columnist first moved to a debt-ridden Latin America in the 1980s, he has seen many aspects of business in the region change for the better. Two have not. …

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21 July

Discount grocer Aldi to open more than 70 stores by end of year as part of national expansion

  • Categories Retail News, Top News
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Discount grocer Aldi said Tuesday it will open more than 70 stores by the end of the year, with hopes of attracting new customers and wooing some away from grocery …

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20 July

Walmart Canada investing $3.5B over five years in ‘smarter stores’

  • Categories Retail News, Top News
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Walmart Canada plans to invest $3.5 billion over the next five years with a focus on technology to make so-called “smarter stores.” “Everywhere we operate we realize that partnering with …

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17 July

Next likely to become Victoria’s Secret UK partner

  • Categories Retail News, Top News
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British multinational clothing retailer Next has been selected as the intended UK franchise partner for Victoria’s Secret by the brand’s administrators. A Next partnership would give Victoria’s Secret UK access …

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15 July

Amazon’s New Dash Smart Cart Is Silly And So UnAmazon

  • Categories Retail News, Top News
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This week Amazon confirmed that it will debut a new smart shopping cart in its forthcoming Woodlands, CA grocery store scheduled to open sometime later this year. The cart, dubbed the Amazon Dash …

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14 July

Why is Primark resisting the shift to online?

  • Categories Retail News, Top News
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Primark’s resistance to shifting to online has for years baffled consumers and investors alike. In an age when online shopping is thriving, Primark has continued to expand its physical selling …

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14 July

Lidl to open 1 new store per week & create 1000 new jobs before Xmas

  • Categories Retail News, Top News
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Lidl has revealed ambitious plans to open 25 new stores in the next six months, equating to one store per week, creating up to 1000 new jobs in Great Britain …

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