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.
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.
The French department store group has put the former CEO of Lancel, Marianne Romestain, in charge of the fashion, accessories and beauty range and purchases for the Galeries Lafayette and BHV Marais stores.
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.
French cosmetics firm L'Oréal on Monday said Chief Financial Officer Christian Mulliez was set to leave the firm next year for personal reasons and would be replaced by Christophe Babule, another company veteran.
Acqua di Parma, which feted a new Christmas capsule this weekend, is expecting double digit growth this year. And next year too, as Italy’s most famous niche perfume brand continues its healthy global expansion.
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.