Not a day goes by without some type of Retail Armageddon story from the financial media; to a certain extent, it’s justified. The coronavirus sped up the demise of several big department stores ...

marking its biggest ever investment since opening its first store nearly 30 years ago. Retail & Consumercategory Ferragamo's sales down 4% in fourth quarter, sees "encouraging results" 8:06 PM UTC ...

Plenty of U.S. retailers had a challenging 2024 amid higher interest rates and shifting consumer behaviors. Those factors and more resulted in a surge of store closures that totaled 7,327, up 57.8% ...

Virgin Wines UK saw its revenue increase by 6.7% year-on year during the six weeks to 27 December. The retailer said the performance was driven by... View Article View Article ...

Retailers will close up to 15,000 stores this year, more than double that in 2024. In addition, store closures will far outpace openings. French luxury conglomerate LVMH saw its stock slide by ...

With legislation for the Deposit Return Scheme (DRS) for drinks containers in England and Northern Ireland implemented this week, the reactions from retail industry bodies has been mixed. The DRS will ...

Miller/NBC/NBCU Photo Bank via Getty Images) Given the momentum we saw throughout 2024 — with the S&P 500 gaining more than 20% and Bitcoin gaining more than 100% — it makes sense that retail ...

From chain restaurants to clothing stores to auto parts retailers, several sectors were apparently hit hard in 2024. Those effects continue to be felt this year. Some, like Advance Auto Parts, are ...

The company said the layoff will affect fewer than 200 employees, but it comes on the heels of the retail chain’s announcement Jan. 9 that it will close 27 stores in 15 states and its e-commerce ...

The Philippine Retailers Association (PRA) is welcoming the plan of the Department of Agriculture (DA) to have groceries and convenience stores sell affordable rice, ranging from P29 to P45. The ...