Latest Stories
Retail theft in New York City has been on the rise since 2018, with a staggering 44% increase in shoplifting complaints from 2021 to 2022. This surge in retail crime has significantly impacted retailers, particularly small businesses, who are still…
Buy Now, Pay Later (BNPL) services continue to gain popularity, with recent data showing a significant increase in adoption rates. In the UK, BNPL usage rose from 12% of all online purchases in January 2023 to 14% in March 2023.…
Multi-talented singer, actress, and fashion icon Beyoncé has hinted at a new venture in her illustrious career: launching her own hair care line. The star took to Instagram to share the exciting news, posting a series of photos and a…
Tip Creep is a phenomenon where businesses have removed traditional tip jars and now credit card kiosks, including self-checkout machines, are prompting customers to give extra money when they swipe their cards. This practice has been dubbed “tip creeping” and…
Global online fast fashion retailer, Shein is set to open 30 brick-and-mortar stores this year in the UK, marking a significant shift in the brick-and-mortar retail landscape. The Chinese fast-fashion brand, which has gained immense popularity among Gen Z consumers,…
Amazon is set to revolutionize its online marketplace by incorporating a ChatGPT-style search, an AI-powered conversational search interface that rivals efforts by Microsoft and Google. This move aims to provide users with a more personalized and intuitive search experience, transforming…
Fashion retailer H&M has been facing a lawsuit accusing the company of misleading consumers with false sustainability claims. The proposed class-action complaint alleges that H&M’s advertising is “designed to mislead” customers into believing that its Conscious Choice products are environmentally…
Retail sales in the United States experienced a modest increase of 0.4% in April, following two consecutive months of decline, according to figures released by the U.S. Commerce Department on May 16. This increase was driven by consumer spending on…
Elizabeth Arden, the iconic beauty brand, has taken a bold step into the future of retail by launching a shoppable virtual store in partnership with experiential eCommerce platform Obsess. The immersive virtual shopping experience is designed to appeal to a…
In a bid to appeal to environmentally conscious and sustainable shoppers, luxury department store Selfridges has introduced an innovative concept called ‘The Stock Market’ in its Corner Shop space. This unique initiative allows customers to exchange, restore, or upcycle their…