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Retail

Retail Industry News & Trends · CEO · E-commerce · Customer Behaviour · Brick-and-Mortar · Holiday · Shopping · Retail Marketing.

Shein to open 30 pop-up stores in 2023

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,…

FashionRetail

Amazon To Introduce ChatGPT-Style Search

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…

Retail

Retail sales up 0.4% in April from March

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…

Retail

Allbirds Trims Workforce in Cost-Cutting Move

Footwear company, Allbirds has announced plans to reduce its workforce and implement cost-saving measures in response to its financial performance. The company reported a net loss of $101.4 million in 2022, compared to a loss of $45.4 million in 2021.…

Retail

Adidas to Offload Remaining Yeezy Sneaker Inventory

Adidas, the German sportswear giant, has announced plans to sell its remaining stock of Yeezy sneakers, a once highly sought-after collaboration between the company and American rapper, designer, and entrepreneur Kanye “Ye” West. The decision comes after Adidas severed ties…

Retail