Latest Stories
In recent years, the retail industry has been grappling with a significant rise in thefts, substance abuse, and vandalism. This issue has become so severe that some major brands are exiting markets completely and closing stores due to theft. In…
Amazon’s decision to exclude Chinese rival Temu from its price searching algorithm has raised questions about fair competition and pricing policies in the e-commerce industry. Launched in September by PDD Holdings, Temu has quickly gained traction, with its general merchandise…
In today’s consumer market, a concerning trend known as “shrinkflation” is on the rise. This phenomenon occurs when the size or quantity of a product is reduced while the price remains the same or even increases. As a result, consumers…
Revolution Beauty, a prominent beauty products retailer based in Kent, England, is taking legal action against its founder and former CEO, Adam Minto. The company claims that Minto breached his fiduciary, statutory, contractual, and tortious duties, which contributed to the…
The impact of natural daylight on retail profits in shopping centres has been a subject of interest for researchers and retailers alike. With the rise of e-commerce and changing consumer preferences, brick-and-mortar stores are constantly seeking ways to enhance the…
Louis Vuitton has partnered with the prestigious auction house Sotheby’s for an extraordinary charity auction. This collaboration aims to raise funds for various charities and NGOs chosen by the participating artists. The auction will feature 22 exclusive Louis Vuitton Artycapucines…
Montreal, known for its vibrant culture and thriving fashion scene, is about to welcome three iconic luxury brands to its retail landscape. Saint Laurent, Versace, and Jimmy Choo have confirmed plans to open new stores in the city as part…
This innovative tool aims to revolutionize the online shopping experience by providing users with a realistic visualization of how clothes would look on models with diverse body shapes and sizes. As the demand for hybrid ways of shopping online continues…
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton has announced a strategic partnership with American video game and software developer Epic Games, the creator of Fortnite and Unreal Engine. This collaboration aims to transform the creative pipeline of LVMH’s Maisons…
Qfter struggling to find a realistic path to profitability, Nordstrom has decided to shut down all of its Canadian operations. The Seattle-based luxury department store chain announced its exit from Canada on March 2, 2023, and began liquidation sales on…