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Today’s Retail News
In a world increasingly driven by digital interactions, the way younger generations consume news is transforming significantly.
The global shift towards e-commerce continues accelerating, with certain countries leading the charge in online retail sales in 2023.
As the e-commerce sector evolves, understanding the most popular categories for online purchases offers crucial insights for consumers and businesses.
The United States e-commerce landscape witnessed continued growth and evolution in 2023. The dominance of these top online retailers reflects broader trends in the U.S.
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 second-hand apparel market is experiencing exponential growth, propelled by sustainability and affordability. In 2023, the resale industry has attracted a burgeoning consumer base, with many shoppers opting for pre-loved items over the newly minted.
The fashion industry has long been scrutinized for its opaque practices, but recent strides toward transparency are worth celebrating. According
Italian and French luxury fashion houses compete for the UK’s most well-known luxury fashion brands. According to Statista, Florence-based Gucci takes the top spot with brand awareness of 92 percent, followed by Paris-based Chanel, which is recognized by 91 percent of respondents.
In recent years, the fashion industry has notably shifted towards everyday casual wear, a trend accelerated by the COVID-19 pandemic, emphasizing comfort and versatility.
Few brands stand out as much in yoga and athleisure wear as Alo Yoga and Lululemon.
When it comes to online shopping, choosing the best platform can be daunting due to the sheer number of options available.
Reddit users have taken to the platform to discuss the merits and pitfalls of popular budget retailers Shein, Temu, and Kmart.
Long-time shoppers of Anthropologie have been voicing escalating concerns over the noticeable decline in the quality of the retailer’s clothing.
Browsing through Reddit’s vibrant handbag community, the debate between Fashionphile and The RealReal is clearly raging on, with avid shoppers and sellers sharing their experiences and preferences.
Dollar General, once a go-to destination for budget-conscious shoppers, is facing increasing criticism for its rising prices.
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.
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.
Hooters, the iconic chain known for its distinct ambiance and chicken wings, has decided to close several locations across the United States.
Despite steady website traffic, many e-commerce store owners struggle to improve their conversion rates. Generally, average e-commerce conversion rates hover around 2.5% to 3%.
Hermès, the French luxury house, faces escalating legal challenges as American shoppers broaden their class action lawsuit accusing the company of antitrust violations.