Walmart clashes with China after asking suppliers to absorb tariffsWalmart is facing backlash from China for pressuring suppliers to absorb tariff costs during the ongoing trade war.
Here's why Target is more exposed than Walmart to the sweeping trade changes that Trump promisedWalmart's grocery-heavy business model makes it less vulnerable to import tariffs compared to Target's reliance on imported merchandise.
Walmart says prices will 'probably' go up if Trump tariffs take effectWalmart's CFO indicates potential price hikes due to proposed tariffs, emphasizing the challenge of maintaining low prices amidst inflationary pressures.
How Tariffs Are Hitting Digital Commerce CompaniesDigital commerce companies are halting I.P.O. plans due to President Trump's tariffs affecting market conditions.
What Trump's win means for retail giants like Walmart, Target, and CostcoTrump's second term is anticipated to significantly alter the retail landscape through tariffs, tax cuts, and regulatory changes.
These Are the Industries Most Affected by TariffsTariffs will raise prices across various industries, impacting consumers and domestic production.
Walmart clashes with China after asking suppliers to absorb tariffsWalmart is facing backlash from China for pressuring suppliers to absorb tariff costs during the ongoing trade war.
Here's why Target is more exposed than Walmart to the sweeping trade changes that Trump promisedWalmart's grocery-heavy business model makes it less vulnerable to import tariffs compared to Target's reliance on imported merchandise.
Walmart says prices will 'probably' go up if Trump tariffs take effectWalmart's CFO indicates potential price hikes due to proposed tariffs, emphasizing the challenge of maintaining low prices amidst inflationary pressures.
How Tariffs Are Hitting Digital Commerce CompaniesDigital commerce companies are halting I.P.O. plans due to President Trump's tariffs affecting market conditions.
What Trump's win means for retail giants like Walmart, Target, and CostcoTrump's second term is anticipated to significantly alter the retail landscape through tariffs, tax cuts, and regulatory changes.
These Are the Industries Most Affected by TariffsTariffs will raise prices across various industries, impacting consumers and domestic production.
Primark: Who is ex-boss Paul Marchant, and what has he done?The Independent emphasizes the importance of impartial journalism during critical moments in US history.Paul Marchant's resignation from Primark marks a significant shift in leadership amid allegations of inappropriate behavior.
GameStop shares surge after firm pledges to buy bitcoin, close physical storesGameStop has approved bitcoin as a treasury reserve asset, reflecting a strategic shift in its financial management.
See the major UK retailers that allow dogs in store from John Lewis to AppleThe Range has adopted a dog-friendly policy across its stores, expanding options for pet owners in the UK.
2 Retail Home Furnishing Stocks to Watch as Industry Pressures GrowThe Zacks Retail-Home Furnishings industry is adapting to economic challenges through digital strategies and product innovation.
See the major UK retailers that allow dogs in store from John Lewis to AppleThe Range has adopted a dog-friendly policy across its stores, expanding options for pet owners in the UK.
2 Retail Home Furnishing Stocks to Watch as Industry Pressures GrowThe Zacks Retail-Home Furnishings industry is adapting to economic challenges through digital strategies and product innovation.
Joann plans to go out of business and close all remaining fabric and craft storesJoann is selling its assets and winding down operations after multiple bankruptcies.The chain plans to close around 300 stores following its bankruptcy decision.
Party City to go out of business for good: reports | amNewYorkParty City is closing all stores nationwide, marking the end of its operations, including locations in New York City.
What happened to Big Lots? Here are the stores in Miami and Broward closing for goodBig Lots is closing all its stores after filing for Chapter 11 bankruptcy, marking the end of a significant discount retail presence.
American Freight is closing all of its stores. Bankruptcy filing warns of possible paycheck delays for laid-off employeesFranchise Group is closing American Freight amidst bankruptcy filings to strengthen other brands and reduce debt.
True Value hardware declares bankruptcy and sells itself to a rivalTrue Value's bankruptcy filing highlights competitive pressures faced by smaller hardware retailers amid stronger rivals like Home Depot and Lowe's.
The CEO of The Container Store resigns weeks after the company exited bankruptcyThe Container Store's CEO resigns immediately after the company's bankruptcy exit, citing new opportunities.The company faces sales struggles post-pandemic despite restructuring efforts.
Joann plans to go out of business and close all remaining fabric and craft storesJoann is selling its assets and winding down operations after multiple bankruptcies.The chain plans to close around 300 stores following its bankruptcy decision.
Party City to go out of business for good: reports | amNewYorkParty City is closing all stores nationwide, marking the end of its operations, including locations in New York City.
What happened to Big Lots? Here are the stores in Miami and Broward closing for goodBig Lots is closing all its stores after filing for Chapter 11 bankruptcy, marking the end of a significant discount retail presence.
American Freight is closing all of its stores. Bankruptcy filing warns of possible paycheck delays for laid-off employeesFranchise Group is closing American Freight amidst bankruptcy filings to strengthen other brands and reduce debt.
True Value hardware declares bankruptcy and sells itself to a rivalTrue Value's bankruptcy filing highlights competitive pressures faced by smaller hardware retailers amid stronger rivals like Home Depot and Lowe's.
The CEO of The Container Store resigns weeks after the company exited bankruptcyThe Container Store's CEO resigns immediately after the company's bankruptcy exit, citing new opportunities.The company faces sales struggles post-pandemic despite restructuring efforts.
Thanksgiving Week E-Commerce Sales Signal Strong Start to Holiday SeasonEarly holiday shopping is up due to discounts, a compressed shopping calendar, and consumer optimism following the presidential election.
Inside the manipulative 'conspiracy' of consumptionAmericans are projected to spend nearly $1 trillion during the 2024 holiday shopping season, raising concerns about consumer happiness and environmental impact.
The designification of value shopping is paying off for storesRetailers are significantly investing in private-label brands to attract consumers looking for affordable options amid inflation.
Target ramps up seasonal staffing, will hire nearly 100,000 workersTarget is hiring 100,000 seasonal workers for holiday shopping, maintaining previous years' levels despite slow sales growth projections.Persistent inflation is leading consumers to be more frugal, impacting projected retail sales growth for the holiday season.
Target wants you to know it can deny your return if it suspects you're abusing its policyTarget clarifies its return policy to enhance enforcement against fraud and abuse, including return practices that exploit the system.
Retailers are saying shoppers are 'pressured,' 'stretched,' and 'cautious' - but still spendingAmid inflation, US consumers are cautious in spending, with many feeling financial pressure and changing their shopping behaviors accordingly.
Thanksgiving Week E-Commerce Sales Signal Strong Start to Holiday SeasonEarly holiday shopping is up due to discounts, a compressed shopping calendar, and consumer optimism following the presidential election.
Inside the manipulative 'conspiracy' of consumptionAmericans are projected to spend nearly $1 trillion during the 2024 holiday shopping season, raising concerns about consumer happiness and environmental impact.
The designification of value shopping is paying off for storesRetailers are significantly investing in private-label brands to attract consumers looking for affordable options amid inflation.
Target ramps up seasonal staffing, will hire nearly 100,000 workersTarget is hiring 100,000 seasonal workers for holiday shopping, maintaining previous years' levels despite slow sales growth projections.Persistent inflation is leading consumers to be more frugal, impacting projected retail sales growth for the holiday season.
Target wants you to know it can deny your return if it suspects you're abusing its policyTarget clarifies its return policy to enhance enforcement against fraud and abuse, including return practices that exploit the system.
Retailers are saying shoppers are 'pressured,' 'stretched,' and 'cautious' - but still spendingAmid inflation, US consumers are cautious in spending, with many feeling financial pressure and changing their shopping behaviors accordingly.
Hudson's Bay Company nearly $1B in debt, with court filings painting dire financial portrait | CBC NewsHudson's Bay Company faces a $950 million debt crisis amid ongoing struggles in the retail sector post-COVID.
Ransomware, disease and 'ultra low-cost retailers': Why 3 iconic Canadian clothing stores went broke | CBC NewsRansomware attack severely impacted Canadian clothing retailers during holiday season, leading to substantial revenue losses and forced promotions.
Hudson's Bay Company nearly $1B in debt, with court filings painting dire financial portrait | CBC NewsHudson's Bay Company faces a $950 million debt crisis amid ongoing struggles in the retail sector post-COVID.
Ransomware, disease and 'ultra low-cost retailers': Why 3 iconic Canadian clothing stores went broke | CBC NewsRansomware attack severely impacted Canadian clothing retailers during holiday season, leading to substantial revenue losses and forced promotions.
How to build an intelligent foundation for the retail sectorRetailers must adapt to economic pressures, technological advancements, and shifting consumer habits to survive.
Party City Stores to Close by February, Company SaysParty City is permanently closing all stores by February 2025, ending its legacy of party supply provision.
Walgreens Closing 1,200 More Stores Nationwide, So This Is Not Just a San Francisco ThingWalgreens is closing 1,200 stores due to overexpansion and admitting mismanagement of shoplifting issues and store security.The company is experiencing financial troubles and looking to course correct with store closures.
Macy's is closing 66 locations this year - see if yours is on the listMacy's plans to close 66 stores this year to focus on profitable locations and enhance its online shopping experience.
How to build an intelligent foundation for the retail sectorRetailers must adapt to economic pressures, technological advancements, and shifting consumer habits to survive.
Party City Stores to Close by February, Company SaysParty City is permanently closing all stores by February 2025, ending its legacy of party supply provision.
Walgreens Closing 1,200 More Stores Nationwide, So This Is Not Just a San Francisco ThingWalgreens is closing 1,200 stores due to overexpansion and admitting mismanagement of shoplifting issues and store security.The company is experiencing financial troubles and looking to course correct with store closures.
Macy's is closing 66 locations this year - see if yours is on the listMacy's plans to close 66 stores this year to focus on profitable locations and enhance its online shopping experience.
Barnes & Noble workers put it in the books with new union contracts for NYC locations in historic deal | amNewYorkBarnes & Noble workers achieved historic union contracts with major improvements in safety, wages, and healthcare.
Sam's Club is boosting its starting wage to $16 and speeding up raises for nearly 100,000 workersSam's Club is raising its starting wage to $16 and introducing faster pay increases to enhance job quality for frontline workers.
Aldi is hiring more than 3,500 people ahead of Christmas - how to applyAldi offers the highest starting pay for store assistants in the UK, ahead of a major recruitment drive for the Christmas season.
Barnes & Noble workers put it in the books with new union contracts for NYC locations in historic deal | amNewYorkBarnes & Noble workers achieved historic union contracts with major improvements in safety, wages, and healthcare.
Sam's Club is boosting its starting wage to $16 and speeding up raises for nearly 100,000 workersSam's Club is raising its starting wage to $16 and introducing faster pay increases to enhance job quality for frontline workers.
Aldi is hiring more than 3,500 people ahead of Christmas - how to applyAldi offers the highest starting pay for store assistants in the UK, ahead of a major recruitment drive for the Christmas season.
Co-op admits blocking rivals from opening shops near one of its Romford storesThe Co-op's Dagenham Road store breached a competition rule, limiting market access for rival retailers.
Kroger CEO Rodney McMullen resigns after probe into personal conductKroger's CEO Rodney McMullen resigned due to personal conduct inconsistent with company policies, amidst challenges including a failed merger with Albertsons.
Dress for Less? Try $75M: Ross offers massive package to woo Boot Barn's CEOJames Conroy will replace Barbara Rentler as CEO of Ross Stores, receiving a substantial compensation package and relocation bonus.
Kroger CEO Rodney McMullen resigns after probe into personal conductKroger's CEO Rodney McMullen resigned due to personal conduct inconsistent with company policies, amidst challenges including a failed merger with Albertsons.
Dress for Less? Try $75M: Ross offers massive package to woo Boot Barn's CEOJames Conroy will replace Barbara Rentler as CEO of Ross Stores, receiving a substantial compensation package and relocation bonus.
AI's Impact On Creative Professions In The B2B SpaceAI is reshaping B2B jobs in retail, causing evolution rather than outright displacement.Creative professionals are integrating AI tools to enhance their efficiency and workflow.
These 5 trends will steer retail in 2025Retailers must differentiate themselves amid growing competition and consumer demand for value by adapting to technological trends.
The Backroom: Doug Stephens looks to 2025 and beyondAI presents a transformative opportunity for retailers despite looming tariffs and challenges.Understanding the realistic capabilities and limitations of AI is crucial for businesses.
AI's Impact On Creative Professions In The B2B SpaceAI is reshaping B2B jobs in retail, causing evolution rather than outright displacement.Creative professionals are integrating AI tools to enhance their efficiency and workflow.
These 5 trends will steer retail in 2025Retailers must differentiate themselves amid growing competition and consumer demand for value by adapting to technological trends.
The Backroom: Doug Stephens looks to 2025 and beyondAI presents a transformative opportunity for retailers despite looming tariffs and challenges.Understanding the realistic capabilities and limitations of AI is crucial for businesses.
45% of Shoppers Say They Support Using Tech to Curb Retail CrimeRetailers facing organized retail crime and declining consumer sentiment are struggling in a challenging marketplace.
One in ten part-time retail jobs at risk - London Business News | Londonlovesbusiness.comRising costs may endanger 160,000 part-time retail jobs in the UK, particularly affecting young workers.Upcoming changes to employer NICs could significantly increase hiring costs for part-time positions.
Trader Joe's ties with this grocery store for consumers' favorite, report saysTrader Joe's regained the top spot in customer satisfaction, tying with Publix according to the latest survey.
Automation in Retail Is Even Worse Than You ThoughtThe trend of automation in retail, increased during the pandemic, is impacting jobs and customer service in grocery stores.
Trader Joe's ties with this grocery store for consumers' favorite, report saysTrader Joe's regained the top spot in customer satisfaction, tying with Publix according to the latest survey.
Automation in Retail Is Even Worse Than You ThoughtThe trend of automation in retail, increased during the pandemic, is impacting jobs and customer service in grocery stores.
M&S boss says UK retailers being raided like a piggy bank' over planned tax risesStuart Machin urges UK government to delay tax and recycling charge changes to protect the retail sector from significant cost increases.
West End retailers warn of shop closures as business rates surgeNew business rate reforms in London's West End could lead to store closures and job losses due to a £44.5 million hike in property bills.
M&S boss says UK retailers being raided like a piggy bank' over planned tax risesStuart Machin urges UK government to delay tax and recycling charge changes to protect the retail sector from significant cost increases.
West End retailers warn of shop closures as business rates surgeNew business rate reforms in London's West End could lead to store closures and job losses due to a £44.5 million hike in property bills.
How Amazon Delivers Packages Within A DayRetailers are racing for same-day deliveries, creating loyalty and increased spending despite few truly needing the service.
Revolutionizing E-Commerce: How AI Is Shaping Savings StrategiesAI is revolutionizing e-commerce by enhancing customer experience and offering businesses innovative tools to improve competitiveness.
60% increase in scam domain registrations targeting holiday shoppersThe rise in domain registrations targeting the retail industry indicates an expected increase in online scams during the holiday season.
Walmart In Powerful Position Ahead Of HolidaysWalmart's shares surged 56% this year, outperforming the S&P 500, suggesting a promising short-term outlook.
The retail action expected at CES 2025Retailers must embrace AI and technological innovation to remain competitive in a rapidly evolving market.CES 2024 showcases the importance of visual marketing platforms for brand discovery in retail.
India's Arzooo, once valued at $310M, sells in distressed deal | TechCrunchArzooo, aiming to integrate e-commerce with physical retail, has sold its assets after exploring merger options, signifying challenges in the retail tech landscape.
How Amazon Delivers Packages Within A DayRetailers are racing for same-day deliveries, creating loyalty and increased spending despite few truly needing the service.
Revolutionizing E-Commerce: How AI Is Shaping Savings StrategiesAI is revolutionizing e-commerce by enhancing customer experience and offering businesses innovative tools to improve competitiveness.
60% increase in scam domain registrations targeting holiday shoppersThe rise in domain registrations targeting the retail industry indicates an expected increase in online scams during the holiday season.
Walmart In Powerful Position Ahead Of HolidaysWalmart's shares surged 56% this year, outperforming the S&P 500, suggesting a promising short-term outlook.
The retail action expected at CES 2025Retailers must embrace AI and technological innovation to remain competitive in a rapidly evolving market.CES 2024 showcases the importance of visual marketing platforms for brand discovery in retail.
India's Arzooo, once valued at $310M, sells in distressed deal | TechCrunchArzooo, aiming to integrate e-commerce with physical retail, has sold its assets after exploring merger options, signifying challenges in the retail tech landscape.
Clock ticking toward possible Costco strike SaturdayA large-scale strike by 18,000 Teamsters at Costco could become the largest retail strike in U.S. history due to unresolved labor negotiations.
Costco Raising Pay to Over $30 an Hour for Most Workers | EntrepreneurCostco is raising wages for most hourly U.S. workers to help improve retention and employee satisfaction.
Sam's Club will raise pay to catch up with CostcoSam's Club will raise its minimum wage to $16 to improve employee retention and service quality.
Another US wholesale favorite is bumping its membership pricesBJ's Wholesale will raise its membership fees for the first time in seven years starting January 1, 2025.
Clock ticking toward possible Costco strike SaturdayA large-scale strike by 18,000 Teamsters at Costco could become the largest retail strike in U.S. history due to unresolved labor negotiations.
Costco Raising Pay to Over $30 an Hour for Most Workers | EntrepreneurCostco is raising wages for most hourly U.S. workers to help improve retention and employee satisfaction.
Sam's Club will raise pay to catch up with CostcoSam's Club will raise its minimum wage to $16 to improve employee retention and service quality.
Another US wholesale favorite is bumping its membership pricesBJ's Wholesale will raise its membership fees for the first time in seven years starting January 1, 2025.
Homebase owes 650m unsecured debt as administration details emergeHomebase's administration reveals a staggering debt of over £650 million, leaving unsecured creditors unlikely to recover anything.Homebase collapsed due to overwhelming debt and lack of financing options, resulting in the sale of assets in administration.
What employees and customers need to know about rights as Homebase nears collapse - London Business News | Londonlovesbusiness.comHomebase is nearing collapse due to reduced consumer spending, risking over six thousand employee jobs and affecting customer orders.
Homebase owes 650m unsecured debt as administration details emergeHomebase's administration reveals a staggering debt of over £650 million, leaving unsecured creditors unlikely to recover anything.Homebase collapsed due to overwhelming debt and lack of financing options, resulting in the sale of assets in administration.
What employees and customers need to know about rights as Homebase nears collapse - London Business News | Londonlovesbusiness.comHomebase is nearing collapse due to reduced consumer spending, risking over six thousand employee jobs and affecting customer orders.
What Will Marketing Look Like in 2025? "It's Going to Get Weird."Consumer branding in 2024 will prioritize unique, aspirational images, evolving towards a wilder and less politically correct direction.
The Simple 3-Word Mantra a GameStop Co-Founder Lives By | EntrepreneurData is essential for business strategy and decision-making.Both quantitative and qualitative data are crucial for understanding market dynamics.
Morrisons takes out a 'High Court injunction' following 'unlawful protests' - London Business News | Londonlovesbusiness.comMorrisons has sought an injunction against farmers due to unlawful protests, citing serious threats to retail operations.
UK at 'massive global disadvantage' over tourist tax, retail bosses warn Rachel ReevesRetail leaders urge the Chancellor to reinstate VAT-free shopping for tourists to regain competitive advantage and boost economic growth.
Big retail will cope but Reeves' NICs raid is too much, too soon for part-timers | Nils PratleyRetail giants can absorb increased NICs but smaller retailers face greater challenges due to limited resources.
UK at 'massive global disadvantage' over tourist tax, retail bosses warn Rachel ReevesRetail leaders urge the Chancellor to reinstate VAT-free shopping for tourists to regain competitive advantage and boost economic growth.
Big retail will cope but Reeves' NICs raid is too much, too soon for part-timers | Nils PratleyRetail giants can absorb increased NICs but smaller retailers face greater challenges due to limited resources.
People thought we liked being touched and grabbed': a former Abercrombie model recalls brand's dark daysAbercrombie & Fitch's mid-2000s marketing relied on hypersexualization and exploitation of young workers, leading to Braden's advocacy for industry protections.
The Walton Family (WMT) Is Wealthier Than Elon Musk (TSLA), but Not by Very MuchThe Walton family is now the richest family in the world, mainly due to Walmart's impressive stock performance and e-commerce growth.
Walmart is testing body cameras for some front-line employees in TexasWalmart is piloting body-cams for employees in Texas to improve safety and evaluate the effectiveness.
Some Walmart Employees Are Wearing Body Cameras. Here's why. | EntrepreneurWalmart's body camera pilot program aims to enhance worker safety amidst harassment, especially during stressful holiday shopping seasons.
The Walton Family (WMT) Is Wealthier Than Elon Musk (TSLA), but Not by Very MuchThe Walton family is now the richest family in the world, mainly due to Walmart's impressive stock performance and e-commerce growth.
Walmart is testing body cameras for some front-line employees in TexasWalmart is piloting body-cams for employees in Texas to improve safety and evaluate the effectiveness.
Some Walmart Employees Are Wearing Body Cameras. Here's why. | EntrepreneurWalmart's body camera pilot program aims to enhance worker safety amidst harassment, especially during stressful holiday shopping seasons.
Our 10 most-read stories about e-commerce in 2024Retail Brew is essential for retail leaders to stay informed about e-commerce trends.
UK retailers accused of recruiting young shop workers without rights over ChristmasHigh-street retailers are hiring gig economy workers without basic employment rights during the festive season.
Rebuilding Place in the Urban SpaceSalt Lake City's population growth does not adequately support its retail environment due to oversaturation and pandemic impacts.
CVS Is Laying Off Thousands in Cost Cutting Initiative | EntrepreneurCVS Health is laying off 2,900 employees as part of a $2 billion cost-saving initiative.
L.L. Bean to cut up to 75 jobs in second round of layoffs this yearL.L. Bean is facing a second round of layoffs, affecting up to 75 corporate employees to adapt to changing retail dynamics.
CVS Is Laying Off Thousands in Cost Cutting Initiative | EntrepreneurCVS Health is laying off 2,900 employees as part of a $2 billion cost-saving initiative.
L.L. Bean to cut up to 75 jobs in second round of layoffs this yearL.L. Bean is facing a second round of layoffs, affecting up to 75 corporate employees to adapt to changing retail dynamics.
Consumer confidence 'since the Budget' is a blow for retailers - London Business News | Londonlovesbusiness.comConsumer confidence remains weak as retailers brace for Christmas, influenced by economic concerns and increased costs from the Autumn Budget.
A Macy's employee made accounting errors 'intentionally,' hiding up to $154 million in expenses. Now the company's earnings report is delayedMacy's faces a serious accounting scandal affecting its financial reporting and operational integrity.
How Can eLearning Help Offline Retailers?eLearning is crucial for offline retailers to enhance staff competency and meet heightened customer expectations in the competitive market.
We're making another trim of a stock under pressure to protect hard-fought profitsBest Buy shares are being sold to maintain discipline and secure profits amidst uncertain market conditions.
Lidl faces 'tens of millions of pounds' in extra costs and retailers are 'reeling' after the Budget - London Business News | Londonlovesbusiness.comLidl faces tens of millions in extra costs due to tax hikes, signaling potential job losses and higher prices for customers.
Saks Fifth Avenue Calls Off Holiday Light ShowSaks Fifth Avenue will not hold its popular holiday light show this season, focusing instead on illuminating its flagship store's architectural significance.
Better catering and nicer bathrooms will help get workers back to the office, says this retail CEOAsda mandates a return to office for corporate staff three days a week to enhance efficiency and collaboration.
Asda cuts jobs and mandates office attendance amid turnaround effortsAsda mandates in-office work three days a week while cutting jobs to streamline operations and improve competitiveness.
Better catering and nicer bathrooms will help get workers back to the office, says this retail CEOAsda mandates a return to office for corporate staff three days a week to enhance efficiency and collaboration.
Asda cuts jobs and mandates office attendance amid turnaround effortsAsda mandates in-office work three days a week while cutting jobs to streamline operations and improve competitiveness.
The Entertainer halts new store plans due to budget's national insurance hikeThe Entertainer halted store openings due to rising employer National Insurance costs, reflecting widespread concerns among businesses about increased operating expenses.
Bernard Marcus, a billionaire behind Home Depot, dies at 95Bernard Marcus, co-founder of Home Depot, died at 95, remembered for revolutionizing retail through customer service and innovative employee practices.
No One Knows How to Stop ShopliftersIncreasing instances of shoplifting are forcing retailers to secure products behind locked cases, significantly inconveniencing customers.
UK shoplifting offences reach record high as over 1.2m cases logged since 2019Shoplifting in the UK has surged to unprecedented levels, primarily driven by the cost-of-living crisis.
No One Knows How to Stop ShopliftersIncreasing instances of shoplifting are forcing retailers to secure products behind locked cases, significantly inconveniencing customers.
UK shoplifting offences reach record high as over 1.2m cases logged since 2019Shoplifting in the UK has surged to unprecedented levels, primarily driven by the cost-of-living crisis.
Why doesn't Market Basket have self-checkout?Market Basket fosters a personal shopping experience by prioritizing human interaction over self-checkout systems, which aligns with its core values.
Why Amazon's Prime Day may not be the holiday shopping bellwether it usually is this yearPrime Day serves as a predictor for holiday sales, but current economic factors may dampen consumer spending this season.
Retail Is Leading The AI Charge - And Winning | AdExchangerRetailers are leading in AI adoption, viewing it as a strategic asset beyond just efficiency.
Ecommerce decision-makers ramp up social media investment for the holidaysOver two-thirds of US decision-makers are increasing social media ad investments this season.US retail spend on social network ads is projected to rise significantly in 2024.Holiday ecommerce sales will heavily rely on social media platforms for consumer purchases.
Lamps Plus to pay $4.1 million to settle California suit over false price-matching claimsLamps Plus settled for $4.1 million due to false advertising related to its misleading price-match guarantee. This was clearly a corporate policy to deceive consumers.
Mike Ashley's Frasers Group makes 83m offer for handbag maker MulberryFrasers Group has proposed an £83 million bid for Mulberry amidst its financial struggles, aiming to avoid a repeat of past retail collapses.
Superdry's boss would force Shein to pay more taxes if he couldShein's U.K. IPO faces obstacles due to criticism over its exploitation of tax loopholes.
Quebec's Couche-Tard is gunning to buy 7-Eleven. Here's how it got there | CBC NewsCouche-Tard is positioning to potentially acquire 7-Eleven, significantly enhancing its global retail presence.
What Amazon's Return-to-office Mandate Could Mean for Other RetailersAmazon's decision to enforce full-time office work reflects a significant shift away from current hybrid work trends in retail.
Sam's Club is raising minimum wages and says workers will get faster raises with this new modelSam's Club is increasing wages and improving compensation models for associates to offer clearer financial advancement paths.
Why retail and consumer CEOs are facing shorter tenuresCorporate boards are increasingly decisive in replacing underperforming CEOs, even without pressure from activist investors.
California's secret mecca of returned - and discounted - Costco itemsSalvage stores provide significant discounts on overstock and returned items, making them valuable for budget-conscious shoppers.
Body Shop's remaining UK stores saved after rescue deal agreedThe Body Shop is rescued from administration, aiming for revival and operational stability under new ownership.