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Today’s Retail News

DUER Opens First Ottawa Location in Westboro Village

Canadian performance apparel brand DUER is expanding by opening its first standalone store in Ottawa. Located at 348 Richmond Road, the store aims to bring DUER’s unique blend of style, comfort, and functionality to the city’s active and fashion-forward community.

Everything You Need To Know About Petal & Pup - Ownership

When Tiffany Henry laid out her designs in her bedroom in 2014, little did she know that Petal & Pup would blossom into a globally recognized fashion brand.

Farfetch Business Model Explained

Farfetch is a premier global e-commerce platform focused on luxury clothing and beauty products. Founded in October 2008 by Portuguese entrepreneur José Neves, the company has become a leading force in the luxury fashion industry.

Ted Baker is closing 9 stores in Canada

Ted Baker, Brooks Brothers, and Lucky Brand have all announced the shuttering of their Canadian operations.

The Top Beauty Retail Acquisitions of 2024

The year 2024 has showcased major players strategically expanding their portfolios and niche brands, gaining new footprints under influential owners.

Hudson's Bay Company buys Neiman Marcus Group in $2.65B Deal

Hudson’s Bay Company (HBC) is set to acquire US-based Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman, in a $2,650,000,000 billion deal financed with Amazon’s assistance.

Nudea Expand into US with Nordstrom Partnership

British sustainable underwear brand Nudea has announced its launch in Nordstrom stores across the United States.

Top Online Stores in Spain 2023, based on net sales

The overall Spanish fashion e-commerce market was projected to reach US$5,504.4 million by 2024, accounting for 16.4% of the total e-commerce market in Spain.

Top 10 Luxury Fashion Brands of 2024 in U.S.

Using data from Statista, we bring you an insightful look into the top 10 luxury fashion brands of 2024.

Top 10 Reasons Retailers Are Turning To Small-Format Stores

With the continued rise of e-commerce, shoppers seek more personalized and convenient experiences. Small-format stores, ranging between 30,000 and 50,000 square feet, enable retailers to curate products that align closely with local tastes and preferences, making shopping more enjoyable and relevant.

Save 50% on your Amazon Prime Subscription for 18–22-year-olds

Amazon has rolled out an enticing 50% discount on Prime membership for young adults aged 18-22 in 2024.

California advances first-of-its-kind textile recycling bill

Senate Bill 707 (SB 707), also known as the Responsible Textile Recovery Act of 2024, represents a groundbreaking piece of legislation addressing the growing issue of textile waste in California.

Hooters closing about 41 underperforming stores in U.S.

Hooters, the iconic chain known for its distinct ambiance and chicken wings, has decided to close several locations across the United States.

Walgreens closing 8600 stores in U.S. due to unprofitability

The pharmaceutical giant Walgreens is set to close approximately 2,150 of its 8,600 US locations as part of a vast restructuring effort.

Amazon is launching a new platform like Shein and Temu

Amazon is reportedly preparing to launch a new platform to compete directly with popular China-linked online retailers Temu and Shein.

Top 10 Reasons for Retail Stores Closing

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.

What is a Big-box Retailer?

Big-box retailers or stores, such as Walmart and Target, offer competitive prices and a vast selection under one roof, while warehouse clubs like Costco and Sam’s Club focus on bulk buying and membership deals.

What is a Barcode used for?

Barcodes have become integral to the retail industry, revolutionizing how businesses track inventory, sales, and customer behavior.

What is Assortment Planning in Fashion?

Assortment planning in fashion retail is a strategic process that involves selecting the right mix of products to offer in various stores and through different sales channels, ensuring that the assortment matches the preferences and buying habits of the target customer base.

Luxury retailer Matches Fashion suddenly closes for good

MatchesFashion, global luxury e-commerce platform, has announced it will be officially closing its doors for good by the end of this week, on June 30 at midnight.