Having predicted the rise of blended retail this holiday season, the NPD Group has reported on the trend of “hands-free shopping”, further highlighting the fragrance and watch categories as ones to watch this December.
Costco Wholesale Corp’s gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry.
L Brands, owner of Victoria's Secret, has announced that it will sell a 100% stake in lingerie brand La Senza to an affiliate of private equity firm Regent LP. The transaction is expected to be completed in January.
Four weeks of anti-government protests that have hit French brick-and-mortar retailers are also taking their toll on online peers during the crucial Christmas shopping season, said France's e-commerce federation, Fevad.
Sports Direct's biggest headache is integrating its House of Fraser buy, but its latest results show it forging ahead with developments at the rest of the business, although this is denting turnover at some chains.