June saw a drop in consumer confidence across all measures as the surprise election result sent both the pound and shoppers’ willingness to buy plummeting. Gfk’s consumer confidence barometer saw confidence nudge its lowest point since the Brexit vote a year ago. Overall the index showed a five point drop to –10 with the Major […]
The teen apparel retailer will also open five such stores in the U.S., featuring fitting rooms with controls for light and music and a phone charging dock.
Experts weight on the short-term challenges and uncertainties around the multiple tax brackets in India's GST rollout.
An evaluation of 80 retailers showed One Kings Lane received the lowest score for site speed, and on average load times were nowhere near the threshold at which customers tend to give up and visit other websites.
A former Amazon employee says the deal is a bad move on Nike’s part, Racked reports. Source: cnbc.com Retail
Nike reported its fourth-quarter earnings after the bell on Thursday, also confirming a deal it’s inked with Amazon. Source: cnbc.com Retail
Blue Apron goes public on the New York Stock Exchange under the symbol “APRN” on Thursday. Source: cnbc.com Retail
AlixPartners said retail could lose $70.7 billion in sales over the decade if the proposed food stamp cuts take place. Source: cnbc.com Retail
“[I]t faces a whole host of challenges that need to be factored into the stock price,” said Neil Saunders of GlobalData. Source: cnbc.com Retail