Retail sales in London’s West End are predicted to reach £150 million over the coming Black Friday weekend, even though Black Friday in the UK is a largely online shopping extravaganza.
Major London landlord Grosvenor will on Thursday officially open the North Mayfair Emporium on Duke Street, which it describes as “the first landlord-led concept store of fashion and lifestyle brands.”
Sainsbury’s opened a giant superstore near Birmingham on Wednesday but it was more than just a new branch opening with the concept featuring department store elements, as well as its regular supermarket offer.
Retailer Pepkor Holdings, previously Steinhoff Africa Retail (STAR), said on Tuesday that full-year earnings are expected to fall as much as 42 percent because of new shares and a provision.
Almost three quarters of consumers are intending to shop either online or in stores over the upcoming holiday weekend, according to a Deloitte study, with Cyber Monday expected to attract the biggest spend.
Walmart Inc, Target Corp and Best Buy Co have made changes to their gift card programs to reduce the risk of fraud as consumers enter the holiday shopping season.
Black Friday and Cyber Monday is increasing in popularity in the Netherlands. However, Dutch consumers are planning to shop mostly online during both events.
With barely four months until the world's fifth largest economy leaves the European Union, a raft of major British companies plan to spend tens of millions of pounds in case of a disorderly Brexit.
Organized retail crime has hit a record high according to a new NRF study, with losses averaging $777,877 per $1 billion in sales and nearly three-quarters of retailers surveyed reporting an increase in the past year.
Kroger Co has chosen its hometown of Cincinnati for the first of 20 high-tech warehouses it plans to build with online grocer Ocado Group Plc.
The migration towards online shopping is set to present major challenges to the UK's under-pressure physical shops with visitor traffic to drop by 3.7% on Black Friday this year, according to Springboard.
The disruption at J.Crew is continuing with the struggling retailer’s CEO Jim Brett leaving after only 17 months at the helm, the company said Saturday.
London newspaper the Evening Standard has launched a new digital platform targeting high net worth individuals in the UK and North America and offering “quality lifestyle content" plus shoppable links.
Denim retailer Levi’s unveiled the second Dutch branch of its Gen Z concept with a store in Utrecht. The shop specifically targets young shoppers with the latest collections and a casual store design.
UK consumers continue to be focused on Black Friday shopping and large numbers of them are planning to take time off work to shop, with fashion and beauty on their wish lists.
