Macy's CEO Jeff Gennette announced that the retailer is rolling out mobile checkout through its app to all stores in the US by the end of the year. It is also launching a VR feature for furniture shopping this spring.
Following the bankrupt toy retailer’s announcement that it plans to shut down its US locations, the e-commerce giant is said to have considered taking over some of the spaces to expand its brick-and-mortar footprint.
John Lewis must be hoping for a big sales uplift in the current week as it opens it 50th department store today at Westfield London. But for last week, it saw a total company sales increase of only 2% to £206m.
German online retailer Home24, which aims to challenge IKEA’s dominance of the European furniture market, accelerated sales and trimmed losses in the fourth quarter after sources said it is considering a stock listing.
While UK shopping mall giants Hammerson and Intu are accelerating towards their planned merger, the plans could be impacted by the arrival of Klepierre, with reports emerging that it made a bid for Hammerson this month.
The fashion world and the British press is all abuzz about who will design Meghan Markle's wedding dress and as a result, get all the bonus publicity (and sales spike) that attiring the royals always brings.
Makeup brand Glossier has launched a pop-up cafe takeover of Rhea's Cafe in San Francisco. Fans of the Instagram-worthy brand can dine on the cafe's signature dishes while sampling and purchasing new Glossier product.
Inditex had another good year in 2017, despite exchange rates denting its margin slightly. But its omnichannel focus drove it to higher sales and profits, and its new COO has been tasked with maintaining that momentum
French Connection is still lossmaking and margins are down but there's news to be cheerful about too as its new concept store outperforms, wholesale turnover rises, e-tail makes up a third of sales and m-commerce surges.