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RETAILBOSS Team

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RETAILBOSS provides well-curated, research-driven news and insights into the trends and business aspects of the rapidly evolving retail industry.

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About

About RETAILBOSS Team

RETAILBOSS provides well-curated, research-driven news and insights into the trends and business aspects of the rapidly evolving retail industry.

Latest Stories

Articles by RETAILBOSS Team

Ted Baker enters administration

Ted Baker UK’s fashion chain enters administration

Ted Baker, once a high-flying brand known for its quirky suits and dresses, has entered administration as of March 19th, 2024. The company’s journey into financial distress began with the pandemic’s impact on retail, which led to a shift towards…

Retail
How do I become a Shein product tester? SHEIN Product Testers

How to Become a Shein Product Tester

Are you a fashion enthusiast looking for a way to score free clothes and make your voice heard in the world of fast fashion? Look no further! SHEIN’s Free Trial program allows customers like you to try out new clothing…

FashionStrategy
70.19% is the average shopping cart abandonment rate

Report: 70.19% is the average shopping cart abandonment rate

A staggering figure brought to light by the Baymard Institute, a leader in e-commerce research, suggests that the final stages of this journey are frequently left incomplete. With an average cart abandonment rate of 70.19% in 2014, consumers abandoning their…

Insights
Retailers Closing the Most US Stores in 2024

Retailers Closing the Most US Stores in 2024

American retail landscape has seen a significant shift into 2024 as major retailers have strategically decided to close several of their brick-and-mortar stores across the United States. This trend is driven by the need to streamline operations and reduce costs…

Retail
Sephora Korea to Close Stores Amid Financial Losses

Sephora Korea to Close Stores Amid Financial Losses

Sephora, the renowned French cosmetics retailer, will gradually terminate operations after less than five years of presence in South Korea. Sephora is set to withdraw from the Korean market due to sustained financial losses. This decision marks the end of…

BeautyNews
How do you calculate same-store sales formula

Same-Store Sales: Definition, Formula and Example

Same-store sales, also known as comparable-store sales or “comps,” is a key performance indicator (KPI) that measures the revenue growth of a retail company’s existing stores over a specified period. This metric focuses on the sales generated by stores that…

EducationGlossary