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Retail News

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Happy Days Are Here Again? Redux or Fools’ Folly?
02 October

Happy Days Are Here Again? Redux or Fools’ Folly?

  • Categories Retail News
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It’s appropriate and timely to speculate on the sustainability of all the wonderful U.S. economic news coming out at the end of the second quarter with 4.3 percent GDP growth, …

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01 October

Millennials Love Luxury and Their Spending on Gucci Shows It

  • Categories Retail News
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Millennials feel better about their future earnings than older consumers and spend more on luxury goods. That’s according to a survey of more than 3,000 consumers across China, Europe and …

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01 October

Aldi to create 5,000 new jobs in UK with 130 new stores

  • Categories Retail News
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Value-focused supermarket chain Aldi has confirmed it will open 130 new stores in the UK over the next two years, creating 5,000 new jobs. The announcement comes after Aldi revealed …

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01 October

Nordstrom expanding ‘Local’ stores

  • Categories Retail News
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Nordstrom Local, the retailer’s merchandise-free concept, is expanding with a new location in the Los Angeles neighborhood of Brentwood  and another in Downtown L.A.. The 1,200-square-foot Brentwood store, described as …

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28 September

Michael Kors buys Versace for 1.83 bn euros

  • Categories Retail News
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US fashion group Michael Kors on Tuesday said it had bought the Versace fashion house for 1.83 billion euros or around $2.12 billion. Kors said it had reached an agreement …

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25 September

Kroger rolls out private-label fashion line

  • Categories Retail News
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Kroger is launching its own fashion line starting next fall. The nation’s largest supermarket chain said Friday that the brand will first make its debut at Fred Meyer and Kroger …

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25 September

Farfetch tops price range in IPO in boon to luxury market

  • Categories Retail News
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Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a …

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24 September

Amazon expands Whole Foods Market delivery once again

  • Categories Retail News, Top News
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Amazon Prime members in Seattle can now get groceries delivered from Whole Foods Market stores.Amazon on Wednesday launched Whole Foods delivery in Seattle, Charlotte, Las Vegas, Memphis, Nashville, New Orleans, …

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18 September

H&M delivers pleasant surprise as Q3 sales beat predictions

  • Categories Retail News
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H&M has consistently disappointed in recent periods.  But the Swedish fashion retail giant seems to have turned its fortunes around in the latest quarter with the company on Monday saying …

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12 September

Walmart adds incentives to woo new truck drivers

  • Categories Retail News
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The retailer, whose private fleet of 6,500 trucks is one of the largest in the nation, will offer referral bonuses of up to $1,500, shorten the on-boarding process for new …

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