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Read the latest retail news from RETAILBOSS, covering store openings, brand expansion, ecommerce, consumer trends and business strategy.
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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…
Tanger, the leading owner and operator of outlet and open-air retail shopping destinations, will bring five additional Sephora stores to its shopping centers this year, significantly advancing Tanger’s offerings in the beauty and wellness category. Sephora, a leader in prestige…
A £1 billion damages claim will be filed today against Amazon on behalf of retailers selling on Amazon’s UK marketplace. For illegally misusing their data and manipulating the Amazon Buy Box to benefit Amazon’s commercial operation and overall revenues and…
PrettyLittleThing announces a new return fee policy to manage rising return costs. This change represents a significant shift in the company’s approach to reverse logistics and aligns it with a broader industry trend toward fee-based returns. While this may surprise…
E-commerce in Africa has witnessed exponential growth over the past decade, driven by increasing internet penetration, widespread mobile usage, and burgeoning consumer demand. The growth of online marketplaces in Africa signifies a transformative shift in consumer behavior and retail patterns.…
The fashion industry has long been scrutinized for its opaque practices, but recent strides toward transparency are worth celebrating. According to the 2023 Statista report, OVS was the highest-ranking fashion brand for transparency with a score of 83%, followed by Gucci…
Dollar General has halted self-checkout operations at approximately 12,000 stores since early 2024, primarily due to “shrink”—a term used in retail to describe inventory loss through theft, damage, or errors. CEO Todd Vasos, who resumed his role in October 2023,…
In a fresh legal tussle, Harley-Davidson has initiated a lawsuit against British retail giant Next, alleging trademark infringement related to a “motorbike-inspired” children’s t-shirt. The legal action has been filed in London’s High Court, centering around claims that Next’s t-shirt…
Hooters, the iconic chain known for its distinct ambiance and chicken wings, has decided to close several locations across the United States. The announcement has left many patrons and industry observers wondering what led to this significant move by the…
The Canadian retail market has proven to be a formidable challenge for many American and international brands. Despite the geographical proximity and cultural similarities between Canada and the United States, several high-profile retailers have struggled to establish a sustainable presence…