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Top News

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  • Top News
03 August

Apple demands 50% rent cuts despite “phenomenal” sales during lockdown

  • Categories Retail News, Top News
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Apple is reportedly demanding rent reductions across its UK estate despite a sales surge during the coronavirus lockdown. The tech giant and retailer has asked landlords of its 38-store estate …

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03 August

John Lewis to announce radical shake-up

  • Categories Retail News, Top News
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John Lewis is reportedly expected to announce a radical shake-up of the way that it deals with suppliers in the wake of Covid-19. The retailer has revealed the ‘Better Jobs’ …

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01 August

Starbucks opens largest store in Korea

  • Categories Retail Design & New Openings, Top News
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On July 24, Starbucks celebrated its 21st anniversary in South Korea by opening the market’s largest Starbucks store in Yangpyeong, Gyeonggido near the scenic Namhan River. Spanning three stories and over …

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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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