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Retail Industry News

Retail industry news, analysis, and trends covering stores, retail technology, ecommerce, consumer behaviour, and commerce leaders.

US Retailers Surpass Tech Layoffs

US Retailers Surpass Tech Layoffs

The US retail industry has been facing a significant reduction in workforce, surpassing the tech sector in total layoffs. This comes as both large and small retail players struggle to adapt to changing consumer patterns and economic challenges. In contrast,…

Retail
What is Luxury Retail?

What is Luxury Retail?

When it comes to retail, there are two main types: luxury and mainstream. While they both offer products for sale, their differences are vast and significant. Understanding these differences is crucial for consumers looking to make informed purchasing decisions and…

GlossaryRetail
How can retailers be more sustainable?

How can retailers be more sustainable?

Retailers can become more sustainable by adopting various strategies and best practices that focus on reducing their environmental impact, promoting social responsibility, and supporting economic sustainability. Some of the strategies that retailers can adopt to become more sustainable include reducing…

RetailSustainability
3 Retail Tips To Successfully Launch Into Stores

3 Retail Tips To Successfully Launch Into Stores

Launching a product into retail stores can be a challenging yet rewarding endeavor. It requires careful planning, execution, and management to ensure success. One of the first steps in launching a product is identifying the target audience and understanding their…

Retail
What luxury brand is the oldest?

What luxury brand is the oldest?

Hermès holds the title of the world’s oldest luxury brand still in operation today. Established in 1837 by Thierry Hermès, the French fashion house initially produced saddles and other equestrian supplies. Over time, Hermès expanded its product range to include…

LuxuryRetail

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