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Retail News

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Sears Exit Would Leave Big Holes in Malls
15 October

Sears Exit Would Leave Big Holes in Malls

  • Categories Retail News, Top News
  • Comments 0 comment

The prospect of Sears Holding Corp.’s imminent bankruptcy threatens to widen the gap between the more successful shopping centers and the struggling ones. Mall owners with trendy retailers, lively restaurants and other forms …

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Will Best Buy’s golden years strategy deliver long-term success?
11 October

Will Best Buy’s golden years strategy deliver long-term success?

  • Categories Retail News
  • Comments 0 comment

While most retailers seem to be obsessed with finding ways to attract younger consumers into their stores and onto their websites to shop, others such as Best Buy see business opportunities in catering …

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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
  • Comments 0 comment

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
  • Comments 0 comment

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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