Black Friday will see Britons going on a £2.6BN shopping spree and spending £1.8M a minute, a new study shows. Spending on the day will rise 8% and over Black Friday week, it should rise 4% to £10.1bn.
Japanese retailer Muji announced on Monday that its first Canadian flagship store will open on Vancouver’s Robson Street, on December 2. It's the largest store for the Japanese retailer outside of Asia.
Black Friday store visits will drop this year for the first time since it became a key shopping day in 2013, a new study says. But another forecast says spending over the Black Friday period will rise above inflation.
A group of seven female employees of Wal-Mart Stores Inc. have brought a new class action against the retailer claiming they were denied promotions and were not paid equally in a case of sex discrimination.
Signa Holding GmbH, the Austrian group that owns German department store operator Karstadt, sent Hudson’s Bay Co this week details of the financing it has put together for its 3 billion euro bid for Kaufhof.
Deloitte has released its 32nd Annual Holiday Survey, revealing insight into how consumers are demanding a fully integrated omnichannel experience. Free shipping and easy returns top consumer expectations.
Adobe Digital Institute (ADI) has released its Holiday Predictions report outlining five online shopping predictions for 2017, including the expectation that total online holiday sales will break $100 billion.
Etsy announced a solid third quarter on Monday, posting earnings of 21 cents per share and revenues of $106.4 million. International gross merchandise sales surged 34 percent, said the craft-focused portal.