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Retail Therapy: Prada’s $185 paperclip draws social media ire

June 30, 2017

The luxury brand's office supply-shaped money clip is the latest overpriced mundane object to break the internet.

Retail News

Consumer confidence drops across all measures in June

June 30, 2017

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 […]

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H&M grows Q2 profits and the Arket brand

June 30, 2017

But high inventories and lower sales triggered markdowns. Meanwhile, hometown Stockholm will get a new Arket store, the fast-fashion retailer's latest banner.






Retail News

Abercrombie inks Hong Kong deal for new store concept

June 30, 2017

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.






Retail News

India rolls out its biggest tax reform in 70 years. Here’s what it means

June 30, 2017

Experts weight on the short-term challenges and uncertainties around the multiple tax brackets in India's GST rollout.






Retail News

‘Disturbingly slow’ e-commerce site load times turning away shoppers

June 30, 2017

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.






Retail News

A former Amazon employee has a warning for brands

June 30, 2017

A former Amazon employee says the deal is a bad move on Nike’s part, Racked reports. Source: cnbc.com Retail

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Nike tops Wall Street expectations; confirms deal with Amazon

June 30, 2017

Nike reported its fourth-quarter earnings after the bell on Thursday, also confirming a deal it’s inked with Amazon. Source: cnbc.com Retail

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Blue Apron shares are basically flat in their first day of trading

June 30, 2017

Blue Apron goes public on the New York Stock Exchange under the symbol “APRN” on Thursday. Source: cnbc.com Retail

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Retail to lose $70 billion over 10 years if food stamp benefits are cut; here's who gets hit the most

June 30, 2017

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

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