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Today’s Retail News

41% of Gen Z cardholders are dissatisfied with reward programs

According to a report by PYMNTS Intelligence, a significant 41% of Gen Z cardholders are dissatisfied with their credit card rewards programs.

Ted Baker enters administration

Ted Baker, once a high-flying brand known for its quirky suits and dresses, has entered administration as of March 19th, 2024.

70.19% is the average shopping cart abandonment rate

A staggering figure brought to light by the Baymard Institute, a leader in e-commerce research, suggests that the final stages of this journey are frequently left incomplete.

The Top Designer Resale Websites, Editor Picks

The rise of designer resale websites has revolutionized the luxury goods market, offering a sustainable and accessible alternative to traditional retail.

The 35 Best Designer Baggy Jeans for 2024

The appeal of relaxed-fit denim continues to reign supreme for Spring/Summer wardrobes. We’ve consulted with fashion experts to round up the best baggy denim that promises to elevate your wardrobe.

Outdoor Voices Closes Physical Stores and Returns to Its DTC Roots

Outdoor Voices, the activewear brand once celebrated as a direct-to-consumer (DTC) darling, has closed all of its retail locations.

Retailers Closing the Most US Stores in 2024

American retail landscape has seen a significant shift into 2024 as major retailers have strategically decided to close several of their brick-and-mortar stores across the United States.

Sephora Korea to Close Stores Amid Financial Losses

Sephora, the renowned French cosmetics retailer, will gradually terminate operations after less than five years of presence in South Korea.

Firework announces AI virtual shopping assistant called AVA

Firework, a prominent video commerce and engagement platform, announced the launch of its artificial intelligence (AI)- powered virtual shopping assistant, AVA (AI Virtual Assistant).

The Top 10 Jewelry and Luxury Products Websites in USA

From bespoke engagement rings and heirloom watches to the latest haute couture, these top 10 jewelry and luxury product websites in the USA are the premier destinations for those looking to indulge in the finest wearables that money can buy.

A $70 Kitty Plush Bag Has Gone Viral On Tiktok

If you’re keen on keeping up with the latest trends sweeping across social media, you can’t have missed the latest aw-sitively adorable sensation– the Kitty Plush Bag.

77% U.S. Shoppers Continue to Trade Down

According to a new McKinsey report, the trend of “trading down” among American shoppers is gaining momentum in 2024, with 77% of consumers opting for more cost-effective shopping habits.

Saks Introduces New Electric Cars Category for Luxury Shoppers

Saks, a premier luxury e-commerce platform, announced its partnership with Lucid Motors, an American manufacturer of luxury electric vehicles.

60 Percent of US Shoppers Used Split-Payment Options

As of the latest reports, split-payment options have seen a significant surge in popularity among US shoppers.

Fashion Retailer Primark Seals Shopping Bags to Prevent Theft

In a proactive move to combat the rising tide of shoplifting, Primark has implemented a new security measure across its stores.

AliExpress partners with Vogue for UK Livestream Shopping

AliExpress, the Chinese marketplace platform owned by Alibaba, invites UK influencers to try livestreaming e-commerce. The new livestream service, which will operate through a partnership with Vogue Business, allows shoppers to interact with local models, actors, and TV personalities.

Nicki Minaj's Pink Friday Nails Sells Out In Most Styles

Nicki Minaj has once again proven her prowess as a trendsetter by launching her luxurious press-on nail brand, Pink Friday Nails.

The Best Luxury Tote Bags

Welcome to the epitome of style and utility combined—discover our carefully curated list of the Best Luxury Tote Bags of 2024.

68% of consumers take pleasure in retail therapy

In an age where economic uncertainties loom large and stress levels are at an all-time high, it’s no wonder that many find pleasure in the welcoming arms of retail therapy.

15 Best Luxury Tennis Bags for 2024

The world of tennis has seen a stylish evolution, with celebrities and players alike embracing luxury tennis bags as part of their courtside fashion.