Germany experienced a record year in 2019 in terms of e-commerce, with multichannel retailers recording a particularly substantial increase in sales. As the fifth-largest e-commerce market in the world and the second-largest in Europe, Germany is attractive for foreign players. However, the German market […]

For Thanksgiving 2020, Target will be closing its doors for the first time, ending a decade long tradition of opening for early Black Friday doorbusters. Target follows in the footsteps of its competitor, Walmart, who also said they will not be opening on Thanksgiving this year, ending a tradition for […]

Neiman Marcus will not reopen the doors to its New York City flagship in Hudson Yards. The luxury retailer opened the location, its first in the city, last year with the much anticipated, grand opening of the shopping destination. The retailer filed for bankruptcy this past spring, as it faces the same […]

Forecasts by global investment group Goldman Sachs show e-commerce will expand by 19 percent over the next three years, an increase of 3 percent comparison to a previous forecast of 16 percent. The company said the growth of online shopping is fuelled by the U.S., Brazil, Western Europe and APAC according […]

VF Corporation has announced it will open its first multi-brand store this autumn in Milan, with the company saying it will act as a “template” for other similar stores in the future. The 22,000-square-foot space is located in a historic building at 11 Orefici Street in Italy's fashion capital and will […]

The UK’s retail sales in June returned to around the same levels they were before the Covid-19 pandemic wreaked havoc on the industry. The volume of retail sales in June increased by 13.9 percent compared to May as shoppers cautiously returned to the high street. The increase in sales over May and June […]

Nike has announced a number of senior leadership changes and has said it expects cuts to its workforce to come as the US sportswear giant moves forward with its Consumer Direct Acceleration (CDA). The CDA, initially announced in June 2020, is a new “digitally empowered” phase of Nike’s strategy to ensure […]

Neiman Marcus is offering its shoppers new ways to access customer services. The luxury retailer has launched a new digital hub called "Your Neiman's," which will allow customers access to personalized services and experiences including in-store appointments, curbside pickup, virtual events and video […]

Property company Grosvenor Britain & Ireland has submitted a planning application to transform an area in North Mayfair into new employment, retail and dining spaces. The plans for the South Molton Triangle in London's West End include 67,500 square feet of stores, restaurants and cafes, 204,000 square […]

Due to the Corona crisis, purchases are increasingly shifting to the internet. This increases the competition among online retailers. So how can the shopping experience be designed in such a way that customers are happy and shops are successful? The current situation contributes to the digitisation […]

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