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Retail industry news, analysis, and trends covering stores, retail technology, ecommerce, consumer behaviour, and commerce leaders.
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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…
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…
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…
Luxury fashion brands have long been known for their exclusivity, high-quality materials, and meticulous craftsmanship. However, in recent years, some of these prestigious brands have entered into collaborations with fast fashion retailers, raising questions about whether such partnerships could harm…
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.…
Fashion brand Scotch & Soda, owned by Bluestar Alliance, has recently closed several of its U.S. stores. The closures come as part of the brand’s strategy to enable growth by shutting down underperforming stores and exploring new locations for future…
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…
Google is set to revolutionize the online shopping experience by testing AI-powered solutions designed to enhance both in-store and online retail experiences. These cutting-edge tools, developed by Google Cloud, aim to provide customers with a more personalized and efficient shopping…
Maison Margiela, a renowned Paris-based fashion house, has recently experienced a significant change in its leadership. Gianfranco Gianangeli, who has served as the company’s CEO since mid-2020, has resigned from his position and is expected to leave in the coming…
Diane von Furstenberg launched ReWrap with Archive in 2023, giving customers a route to buy and sell pre-owned DVF designs.