Retail news and archive

US Retail Sales Dip 0.22% in February Despite Year-Over-Year Growth

Retail spending across the US may have declined on a monthly basis last month as concerns over tariffs increase, but continued to grow year over year as the economy holds steady, according to the latest CNBC/National Retail Federation (NRF) Retail Monitor. Total retail sales (minus automobiles and gasoline,) dropped 0.22 percent (seasonally...

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How to use AI safely - tips and tricks

How can AI support customer loyalty? And can it minimise theft in stores? What are good prompts? How safe is AI and what are its limitations? These and other questions were discussed at a dedicated day of talks around artificial intelligence (AI) hosted by the German digital centre for SMEs with a focus retail on 11th February 2025....

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Tariff Tensions: The impact on U.S. retail and consumer sectors

The latest wave of tariffs introduced by the U.S. administration threatens to disrupt the retail and consumer landscape, posing fresh challenges for businesses already contending with economic volatility. Unlike the trade tensions of 2018, which largely spared broad consumer segments, this new tariff regime casts a wider net. “Broad-based...

Retail|Study Featured

5 Tips for Retailers to achieve winning strategies in 2025

With the new year truly underway, retailers around the world are putting their game faces on for a volley of fresh challenges. From ever-changing consumer behaviors to emerging technologies, market fluctuations, and shifting regulations to convoluted trade dynamics, retailers will have to square off with a new retail game in 2025. Thriving...

Retail|In Pictures

Madewell marks opening of new flagship store in SoHo, NYC

Madewell has officially opened the doors of the newest flagship store in SoHo, New York City. Exterior of Madewell's new flagship store in SoHo, NYC Credits: Madewell Situated at 565 Broadway, the new flagship store from the denim and apparel brand spans 6,512 square feet and marks Madewell’s return to the neighborhood. Madewell originally...

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M&S pledges to support 2,000 young people into work

British retailer Marks & Spencer is celebrating 20 years of Marks & Start, its employability programme in partnership with The Kings Trust, to commit to training and supporting a further 2,000 young people over the next three years. The commitment is part of M&S’ multi-year strategy with The King’s Trust, as new research from the retailer...

Fashion|Exclusive FeaturedMember

Hong Kong's fashion awakening: Building bridges between East and West

The newly erected Henderson building in Hong Kong has rapidly established itself as a landmark of architectural and commercial significance, epitomising the city's ambitious urban transformation. Its genesis on a former car park—now the world's most expensive plot, acquired for a staggering 3 billion dollars — symbolizes Hong Kong's relentless...

Retail

New London retail concept aims to back e-commerce brands in physical realm

A new experiential concept is taking hold of London’s high street for the coming season with the intention of bringing e-commerce brands to the physical retail landscape. Launched by e-commerce fulfilment specialists, J&J Global Fulfilment, ‘Pop!’ will offer a selection of fast-growing online fashion and beauty brands the chance to sell directly...

Retail

Next to move into one of its largest UK stores in Kent

Next is upsizing an existing store at Bluewater, Kent, into a 133,000 square foot location that will become one of the British retailer’s largest stores in the UK. The site, which is currently occupied by House of Fraser, will allow Next to offer an enhanced product range in a “state-of-the-art” space, while further supporting its omnichannel...

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Wrap up warm: How outerwear pop-ups are cocooning us in comfort and creativity

Outerwear brands have been turning up the heat recently with physical activations that transform shopping into an immersive sensory journey. These aren’t your average spots to try on jackets; they’re thoughtfully designed spaces where texture, storytelling, and emotion come to life. From Burberry’s tribute to British parks to The North Face’s...

Business|Report Member

Retail Renaissance: Global markets navigate economic turbulence with resilience - report

The global retail sector demonstrates remarkable resilience amid economic headwinds, with super-prime retail destinations maintaining tight vacancy rates and experiencing rental growth, according to the latest Main Street Across the World report by Cushman Wakefield. Despite luxury brands facing revenue slowdowns from 15 percent in 2022 to 0-4...

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US retailers brace for tough Holiday Season as consumers tighten belts

As the holiday shopping season approaches, retail and consumer product companies are facing a challenging environment, according to a new report from S&P Global Ratings. With consumers expected to rein in discretionary spending, retailers will need to sharpen their focus on value and promotions to drive traffic and sales. S&P forecasts holiday...