Majestic Wines owner Fortress is reportedly looking to offload a number of Marks & Spencer stores in the UK. The US investment management firm plans to sell 17 stores for a price of 70 million pounds, Property Week reports. Fortress bought 76 stores from London-based investment firm Topland for 450 million pounds back in 2016. Last year, Marks &...
17 hours ago
Nordic fashion brand Arket is set to open a flagship store in Paris this autumn, the retailer’s first physical location in France. The Stockholm-based brand will include a curated selection of ready-to-wear and accessories for women, men and children, as well as a line of interior homeware products and body care. “We are truly excited to...
British retailer Marks & Spencer has announced the launch of Live Shopping through its website, bringing a new way to shop with the retailer and tapping into the growth in global e-commerce. Facilitated by the retailer’s software partner Lisa, the weekly broadcasts will be hosted by an expert who will go into detail on collections, provide...
Located in a historic house in Winchester, department store The Hambledon is home to a selection of contemporary curiosities and sought-after clothing brands. Owner Victoria Suffield has brought the store through a range of fresh phases since its opening in 1999, adapting the concept while always sticking to its initial entertaining presentation...
27 Jan 2022
Dutch fashion brand Scotch and Soda has expanded its retail network in China with the opening of its first flagship store in Shanghai’s Xintiandi district. The store opening is part of the brand’s growth strategy in the market, for which it has stated plans to continue this expansion over the next few months. Additionally, it has announced two...
Roblox, the online gaming platform and game creation system, has had a record year. Its global community grew from 32.6 million to nearly 50 million daily active users across 180 countries with the median daily active user visiting 40 unique experiences over the course of 2021. The fashion industry got on board, too, with users looking for...
Social media app Snapchat has introduced a new way of browsing products through its camera, with a lense that aims to make the shopping experience more personal. App users can already use the platform to try-on digital products and make click-through purchases. According to the site, its users are now engaging with its augmented reality (AR)...
From Thursday face masks in the UK will no longer be mandatory in public spaces, according to updated Government protocols. Plan B rules, imposed in early December to battle the Omicron variant, are being lifted because infections have peaked nationally. Some retailers, however are nudging their customers to continue to wear face masks. John...
26 Jan 2022
Retailers expect more than 761 billion dollars of unwanted merchandise sold last year to be returned by consumers, according to a report released by the National Retail Federation (NRF) and Appriss Retail. This accounts for an average of 16.6 percent of total U.S. retail sales, which soared to 4.583 trillion dollars in 2021. “As total retail...
Buy now, pay later payment firm Klarna has launched a physical payment card that can be used for in-store payments in the UK. The card will allow consumers to pay with Klarna’s ‘Pay in 30,’ meaning anytime up to 30 days after purchase. With additional payment options to be added in the future. The global banking, payments and shopping service...
A select number of independent businesses in Bradford are set to take part in a sustainable high street pilot scheme that aims to encourage retailers to become more eco-friendly in their operations. Green Street, a government-backed strategy, looks to help high street-based companies to become more sustainable through accessing free support and...
25 Jan 2022
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