Target Corp holiday season sales jumped as Americans ordered everything from home goods, toys and groceries online, helping the company exceed Wall Street expectations with an 118% surge in digital sales for the quarter.
Online retailer Amazon’s new Polish website went live on Tuesday morning, the company said, marking a significant intensification of competition in the country’s booming e-commerce sector.
Abercrombie & Fitch forecast first-quarter net sales above estimates on Tuesday after tightened costs and surging online sales of sweaters, fleece tops and knit bottoms made for a better-than-expected quarterly profit.
On Saturday, the renowned Spanish department store group announced it is jettisoning “excess staff,” owing to the growth of online sales.
Data and analytics expert Manjiry Tamhane has joined property giant Landsec as an independent non-executive director.
Prime real estate will always be in demand, but at what price? Fears the pandemic might have a lasting effect on physical retail and the prices businesses are willing to pay for property look to be overstated, for now.
French Connection said on Tuesday it was mulling a sale and sought potential suitors as Spotlight Brands and Gordon Brothers backed out from making an offer to buy the struggling British fashion retailer.
JD Sports Fashion may have lost out in the bidding race for some of Arcadia’s prime fashion brands but it has had more luck in the real estate stakes.
Inditex staff in Spain say they are being forced out as the owner of fast-fashion brand Zara rolls out its plan to shut up to 1,200 stores worldwide, despite a company agreement with Spanish unions to project jobs.
German retail sales tumbled more than expected in January as an ongoing lockdown curtailed retail spending in Europe's largest economy, data showed on Tuesday.
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
Boohoo defended its supplier practices again on Tuesday after a report said the online fashion retailer faced the possibility of a U.S. import ban due to allegations over the use of slave labour in supplier factories.
eBay and Adevinta said on Tuesday that the’ve reached an agreement that will satisfy the UK's competition watchdog over their planned megadeal for their classifieds businesses.
Burberry has just launched its SS21 campaign and given that it was shot in line with social distancing restrictions, it's quite different from many of its previous creatives.
Fast Retailing’s Uniqlo chain had a slightly less impressive month in February than it has enjoyed of late with same-store sales up 0.4% year-on-year and total sales rising 1.3%.
