Latest Articles in Retail

'Black Friday' kicks off US shopping season amid economic unease

US retailers' efforts to attract holiday gift buyers build to a crescendo this weekend as the "Black Friday" shopping day kicked off with big discounts. The major sales day after Thanksgiving, a custom increasingly adopted in Europe and other markets, comes amid lingering unease over the economy this year. As a result, markdowns are expected to...

Retail

Amazon hit by 'Black Friday' strikes in Europe

Amazon was hit by strikes at various locations in Britain, Germany and Italy during the annual "Black Friday" shopping extravaganza as workers demand higher wages and better working conditions. UNI Global Union said Amazon would face strikes and protests in more than 30 countries around the world, including the United States, as part of a "Make...

Retail

Target circle week October 1-7, to hire 100,000 seasonal workers

Target is offering a full week of savings during Target Circle Week, which will be running from October 1 to 7. Ahead of the upcoming holiday shopping season, the retailer also plans to hire nearly 100,000 seasonal team members. Also starting October 1, Deal of the Day program returns with deep daily discounts exclusively for Target Circle...

RetailFeatured

What is Unified Commerce and why is it so important for fashion retailers?

Although the term has been around for years, Unified Commerce remains somewhat of an emerging concept for many retailers. A recent survey conducted by Bain & Company global consultants, on behalf of Aptos, the retail technology solutions platform, found that the fashion industry still remains largely unprepared for it. However retailers are...

RetailFeatured

Square's Forward program awards funding to 25 Black and Latino small businesses

Forward, the accelerator program by Square to support early-stage Black and Latino small businesses in the retail sector, received over a thousand applicants by its April 1st deadline. The majority were women-owned businesses. The inaugural program was launched in partnership with 1863 Ventures, American Express, and Social Change Fund United,...

Retail

China's Singles Day shopping spree enters final stretch

China's Singles Day shopping bonanza entered its final stretch Friday, with all eyes on whether sales can top a record one trillion yuan (140 billion dollars) despite the country's struggling economy. Conceived by technology giant Alibaba, the informal holiday's title riffs on a tongue-in-cheek celebration of singlehood inspired by the four ones...

RetailFeatured

Back to retail: 9 store design trends for fashion retail

What do customers expect from store visits after the pandemic? Even before, sustainability and community building were important needs of the clientele, knows Marie Ernst from Schwitzke & Partner. In addition, values such as identity, authenticity and locality are now becoming increasingly important, explains the managing director of the Dü...

RetailFeatured

Sandro launches US resale marketplace with Archive

French brand Sandro has become the latest to step into the resale market in the US with the launch of its own pre-loved marketplace developed alongside Archive. It builds on the ready-to-wear label’s already established resale programme, Seconde Main, which it launched in France in October 2021 and Germany in July 2022. According to the brand,...

Retail

Amazon's Prime early access sale dates announced

Amazon's Prime Early Access Sale will take place on 11th and 12th October in fifteen countries. The two-day global shopping event will only be available to Prime members and will feature "hundreds of thousands" of holiday deals. The shopping event will be available in Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands,...

Retail

Zero10 and Crosby Studios open pop-up with digital-only apparel

Zero10, an augmented reality (AR) fashion platform, has revealed a new partnership with Crosby Studios which will see the duo collaborate on a pop-up store concept that brings together a physical and virtual retail experience. The store, located in New York’s Soho neighbourhood, will feature a five-piece virtual collection, available to purchase...

RetailFeatured

Cost-of-living crisis to have more impact than Covid-19 pandemic

Curated marketplace Ankorstore reveals that 92 percent of retailers think the British high street is struggling to cope with increasing pressures as the cost-of-living crisis hits retailers hard. The new research from Ankorstore’s first Summer Retail Trend Report, supported by British retail champion Mary Portas, reveals that 74 percent of...

RetailFeatured

Visit to the Shein pop-up: what makes the fast-fashion giant so appealing?

Berlin's luxury shopping mile, the Kurfürstendamm, begins at Breitscheidplatz and becomes increasingly exclusive the further one walks towards the west. However, going west past Gucci, Chanel, and Hermès this August, you'll find the very opposite end of the price and quality scale: Shein. The Chinese ultra-fast fashion company has opened a...