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Retail industry news, analysis, and trends covering stores, retail technology, ecommerce, consumer behaviour, and commerce leaders.
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The pharmaceutical giant Walgreens is set to close approximately 2,150 of its 8,600 US locations as part of a vast restructuring effort. This wave of closures, covering about 25% of its domestic stores, comes as the company grapples with many…
Amazon is reportedly preparing to launch a new platform to compete directly with popular China-linked online retailers Temu and Shein. According to The Information, the platform aims to offer a discount section that features unbranded clothing, home goods, and everyday…
Retail store closures have been a significant trend over recent years, and 2024 has particularly highlighted this issue, with numerous major retail chains shutting their doors. Multiple factors contribute to this phenomenon, each interacting and magnifying the overall impact on…
Toronto, Canada’s largest city, is a bustling metropolis teeming with vibrant culture and abundant shopping opportunities, making it a shopper’s paradise. From high-end boutiques to iconic department stores, Toronto offers something for every shopping enthusiast. We’ve compiled a list of…
The luxury e-commerce landscape is again experiencing significant shifts as Yoox Net-a-Porter (YNAP) has announced the closure of its operations in China. YNAP’s journey in China began with a collaboration with Alibaba through a joint venture known as Fengmao. Initiated…
Online shopping continues to surge worldwide, with numerous consumers opting to make purchases from foreign markets. Factors driving this growing trend include increased adoption of technology, innovative business models, and the convenience offered by online platforms. The number of cross-border…
Kohl’s has rolled out an exciting addition to its existing return services – The Return Drop @ Kohl’s. Announced on Thursday, The Return Drop is now available in more than 1,100 Kohl’s locations across the United States, marking yet another…
The RealReal has unveiled an eye-catching installation at 301 Canal Street in New York City, a notorious hotspot for counterfeit culture. Launched today, this striking endeavor challenges passersby to rethink the concept of authenticity in the world of luxury goods.…
Alo Yoga, a luxury activewear brand founded in Los Angeles, has expanded its presence in the UK with the opening of its second store in London. The new store is located at the junction of Neal Street and Earlham Street…
In 2023, financial anxiety reached unprecedented levels among global consumers, significantly impacting their spending behaviors. A staggering 90 percent of consumers across all generations expressed concerns regarding their financial situations. According to a report by Statista, 70 percent of global…
McDonald’s continues to make strides in championing diversity and inclusion through its Black & Positively Golden (B&PG) Change of Fashion program, aimed at elevating the careers of emerging Black fashion designers. Launched as a part of their broader Black and…