Macy’s announced earlier this week that despite its four consecutive quarters of sales growth in its current retail locations, it plans to cut down on square footage in a number of their stores. As the department store chain sees its consumers shifting more towards online shopping, it has come up with […]

Amazon Canada said that its Black Friday deals store will open on Thursday, November 22 at 6 p.m. ET, offering new and great deals every hour through Black Friday. In lead-up to next Thursday, customers will also find deals in every department starting tomorrow, November 16 until November 22, at 6 p.m. […]

Bain & Company has revealed a 7 percent growth of the global luxury market in constant currencies for 2018 at the Vogue Fashion Festival. Personal luxury items have yielded around 280 billion Euros worth of global revenue in the year. Despite earlier shockwaves to luxury stock prices ignited by […]

New York’s Upper 5th Avenue came second on the 30th annual list of most expensive retail streets in the world, published by real estate company Cushman & Wakefield. The fancy avenue was dethroned by Hong Kong’s Causeway Bay, which didn’t top the list since 2012. Causeway Bay retailers pay an average […]

One more study confirms: while good old brick and mortar shopping is not going anywhere, Americans are increasingly using other means to buy gifts for friends and family during the holiday season. A survey of 1,000 US adults conducted by Citi Retail Services revealed 57 percent of consumers are planning […]

VIA Outlets, the newest and fastest growing owner operator of outlet shopping destinations in Europe, has confirmed the launch of an extension and remodelling programme of 29 million euros focussing on three outlets in Sweden, Spain and Poland to help better position the outlets as premium shopping […]

Beauty retailer Ulta announced at its recent investor conference that it plans to slow down its introduction of new store locations in favor of a focus on tech. Ulta currently operates 1,163 brick and mortar stores across the United States, and has been opening on average 100 new locations per year. […]

Bad boy of the fashion world Philipp Plein is launching a new line for sportswear, Philipp Plein Active. Dubbed as a line of 'functional luxury sportswear', it offers a full range of active equipment for both men and women. The iconic skull and signature PP hexagon is featured heavily in the mostly […]

Sneakers on a popular Chinese e-commerce platform look like Adidas, but are branded "Ababis". Underwear resembling Calvin Klein are called "Caiwen Kani". Toys with an uncanny resemblance to a certain blockbuster movie franchise opt for "Star Wnrs". As China held its massive annual "Singles Day" online […]

This holiday season looks promising for US retailers. A new survey conducted by the International Council of Shopping Centers (ICSC) with over 1,000 American consumers revealed they intend to spend an average of 554.90 US dollars over the Thanksgiving weekend, with 207.30 US dollars going towards gifts […]

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