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Retail

What's Next as former City darling battles the retail storm?

Telegraph.co.uk - ‎13 hours ago‎
It is considered an easy and tiresome excuse for retailers to blame the weather for poor results, but experiences like this also make it perfectly understandable.

The retail industry is transforming, but not the way you think it is

Business Insider - ‎8 hours ago‎
There's a major shift underway in the retail industry, but it may not be the one you think. Goldman Sachs' global cohead of consumer retail and healthcare banking, Kathy Elsesser, described the impacts of e-commerce on the sector on a company podcast ...
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Scottish retail sales rise slightly

BBC News - ‎16 hours ago‎
Retail sales rose slightly in Scotland in the first three months of this year but still lagged the UK as a whole. Official figures showed the value of sales rose by 0.1% north of the border between January and March, compared with 0.3% for the UK ...

Chicago Retail Data Startup SwiftIQ Lands On Gartner 'Cool Vendor' List

Forbes - ‎5 hours ago‎
SwiftIQ CEO Jason Lobel said placement on the Gartner list is “an honor,” and that being named a 'cool vendor' “is further confirmation of SwiftIQ's innovative technology, differentiation, and fast growing market traction among large retailers and ...
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Super Retail flags $43m in restructuring costs

Sydney Morning Herald - ‎57 minutes ago‎
After successfully testing the concept in five of its 55 Ray's Outdoors stores, Super Retail plans to convert another 12 stores to the new format, convert 15 stores to another brand, presumably BCF, and either close or rebrand 23 stores.
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Sydney Morning Herald - ‎5 hours ago‎
The value of retail sales across Australia rose a healthy 0.4 per cent in March, seasonally-adjusted, suggesting consumer demand has started to pick up after a slow start to the year.
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Future Retail names Kishore Biyani as vice-chairman

Economic Times - ‎15 hours ago‎
Besides, Rakesh Biyani, who is also a director at Future Group, was appointed as Joint Managing Director of Bharti Retail, which will be later renamed as Future Retail Ltd and listed on stock exchanges. In May last year, Future group agreed to merge ...
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Aeropostale, once a retail darling, to close 154 stores as it seeks bankruptcy protection

Press Herald - ‎7 hours ago‎
And retail bankruptcies have hardly been limited to the teen-focused set: Sports Authority filed for bankruptcy in March and could end up closing all or some of its stores.
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Trouble in store amid UK retail slowdown

Irish Examiner - ‎8 hours ago‎
In the longer term, retailers face the prospect of rising costs after the introduction of the minimum living wage, at a time when competition has never been more intense.

BHS administration: Retail chain launch price crash on EVERYTHING - but are the deals worth it?

Mirror.co.uk - ‎15 hours ago‎
The retail chain, which includes flagship stores in London and Manchester, faces an uncertain future after its failure to make a profit saw it slip into administration last Monday.
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Eurozone Retail Sales Fell Sharply in March

Wall Street Journal - ‎May 4, 2016‎
Eurozone retail sales fell for the first month in five during March, an indication that the currency area's economic recovery remains modest and vulnerable to setbacks.

Fort Kinnaird retail park sees jump in employment

Scotsman - ‎1 hour ago‎
Record numbers of people have found work at Edinburgh's Fort Kinnaird retail and leisure park in the past 12 months. Bosses said that in the financial year to April, some 1,350 vacancies had been filled, comprising 800 permanent jobs and a further 550 ...

Retail's Night Out Kicks Off Tonight in Washington, DC

ABC News - ‎10 hours ago‎
Hi Margaret had burned here with ABC news where it live on abcnews.com. And stay where setting this scene at what could be a great festival tonight and retail night out. I'm here with Keating at green she joins me from the national retail letter saying ...

New American burger restaurant set to fill retail space in Bath city centre

Western Daily Press - ‎16 hours ago‎
The application made on behalf of SouthGate said the existing tenants do not trade well in this location and "are keen to relocate to a stronger retail pitch within the Southgate Centre". It said: "There is nothing to suggest that the introduction of a ...
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Edge Lane retail park work underway as £100m project gets off the ground

Liverpool Echo - ‎May 3, 2016‎
Work is underway on the £100m redevelopment of Edge Lane Retail Park which will see the opening of 41 new shops and create 3,000 jobs.
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Aussie Climbs on Retail Sales, New Central Bank Governor Named

Bloomberg - ‎1 hour ago‎
Australia's dollar climbed from a seven-week low after a government report showed retail sales rose more in March than economists forecast.

Five digital trends for retail in the next five years

Econsultancy (blog) - ‎19 hours ago‎
Pop-up shops have been popular for a while, however until now they have been seen as the hallmark of the new or independent boutique brand.
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State's taxable retail sales up 8.4%

The Columbian - ‎8 hours ago‎
Washington state reported $135 billion in taxable retail sales in 2015, an increase of 8.4 percent over calendar year 2014, the Department of Revenue said in its annual report on retail trade released Wednesday. Clark County reported just over $6 ...
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Rate cut, budget boost and Dick Smith shutdown to power retail sales

Sydney Morning Herald - ‎May 4, 2016‎
Broker Citigroup has forecast the cut to official interest rates along with the federal government's small business budget initiatives will boost retail sales growth as much as 1 per cent and "given recent signs of spending slowdown, these initiatives ...
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