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Retail News

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20 July

Kohl’s is out to steal customers from its struggling rivals

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Many rival department stores shutter locations and Amazon continues to grow and divert sales from brick-and-mortar stores to online. But Kohl’s isn’t following suit. The department store has 500 more …

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19 July

Alibaba unveils cashier-free Tao Cafe concept

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Chinese e-commerce giant and data technology provider Alibaba Group has just unveiled a cashier-free retail store. The online group has joined other retail chains and tech startups flocking into the …

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17 July

Retail sales see second straight monthly slide

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Despite healthy measures of consumer confidence in June, shoppers are keeping their money in their pockets. “Consumers still seem tentative,” Dan North, chief economist at trade insurance company Euler Hermes …

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14 July

Tiffany’s New CEO Faces Jewellery Industry That’s Lost Its Sparkle

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NEW YORK, United States — As Tiffany & Co.’s new chief executive officer settles into the job, he faces a crisis that runs deeper than sluggish retail traffic: Americans are …

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13 July

The End of an Era: Colette to Close Its Doors

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Colette, the renowned Parisian boutique, is closing down after 20 years. “As all good things must come to an end, after 20 wonderful years, Colette should be closing its doors on …

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12 July

Tiffany Seeks To Execute The ‘Customer Trapeze’

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The customer trapeze is the idea of hoping to reach an emerging highly desirable set of customers while letting go of a group with less favorable characteristics. Most often we …

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12 July

Sears to close 43 more stores

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Sears was once a commercial giant, a pioneer of catalog and department store retail and arguably the disruptive Amazon of its day. At this point, though, along with its now-sibling …

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07 July

UK Retail Has Biggest June Sales Rise For 6 Years

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LONDON, United Kingdom — British shops enjoyed their biggest rise in June sales in six years, a survey showed on Friday, helped by warm weather and weak numbers in the same …

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05 July

As Millennials Mature, Firm Future For Retail

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In less than three years, the oldest millennials turn 40. At that point, the biggest U.S. generation also gradually becomes the nation’s dominant consumers. As this group graduates to middle …

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03 July

Fourth of July sales to top $7.1B

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A National Retail Federation survey, conducted by Proper Insights & Analytics, predicts that Americans will spend $7.1 billion on food items over the Fourth of July holiday, up from $6.8 …

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