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Retail shrinkage is an issue that plagues businesses across the globe, causing annual losses of over $50 billion. It’s a silent killer that chips away at your profits without you even realizing it. The term ‘shrink’ in the retail industry carries…
In the retail industry, you may have come across the acronym POS. But what does POS stand for? POS stands for “Point of Sale,” and it refers to the area where a retail transaction takes place. It’s the moment when…
Shein, a fast-fashion giant that has taken the world by storm, is not without its controversies. Despite its massive popularity and dominance in the fashion industry, the company’s business model and practices have raised serious concerns about sustainability and workers’…
In the ever-evolving retail landscape, Walmart has consistently demonstrated its ability to adapt and innovate. The multinational retail corporation has recently embarked on a new venture to revolutionize the pet care industry. On September 20, 2023, Walmart announced the opening…
The world of finance and fashion recently witnessed a significant event as Birkenstock, the renowned German sandal maker, officially launched its Initial Public Offering (IPO) on the New York Stock Exchange (NYSE). This move marks a pivotal moment in the…
RetailBoss is streamlining its retail news with our weekly retail roundup, including updates from around the globe. Here are today’s top stories from this week; if you want to get this news in your inbox, sign up for our free…
Aritzia, the Canadian fashion house and retailer, has been making waves in the fashion industry since its inception in 1984. Known for its “everyday luxury” ethos, Aritzia offers a range of lifestyle apparel that is both high-end and accessible. The…
The renowned Fenty Beauty, a brand that has been revolutionizing the beauty industry since its inception, will debut at Ulta Beauty in Target stores on October 1, 2023. Fenty Beauty, created by the iconic pop star and entrepreneur Rihanna, has…
As a globally recognized retail expert, Jeanel Alvarado is known for her expertise in marketing, e-commerce, merchandising, technology, and direct-to-consumer operations. She is the Founder and CEO at RETAILBOSS, an internationally recognized media publication and consultancy firm that serves as a…
The French billionaire and CEO of LVMH Moët Hennessy – Louis Vuitton, Bernard Arnault, is reportedly under investigation for alleged involvement in money laundering activities. This news has sent ripples through the industry, given Arnault’s status as one of the…