Retailers are bracing themselves for continued uncertainty in 2024. A recent poll by Boston Consulting Group (BCG) shows that more than 75% of UK consumers remain concerned about inflation and recession, with 84% worried about current price increases, reveals Jessica Frame,…
Whether it’s consumer fatigue with gigantic stores and their dizzying array of choices, an effort to reduce real estate costs or the bite e-commerce has taken out of brick-and-mortar sales, companies are reducing their square footage, focusing inventories and creating…
Mike Ashley’s Frasers Group is in advanced talks to buy the upmarket clothing site in a deal that would crystallise heavy losses for buyout firm Apax Partners, Sky News learns. By Mark Kleinman, City editor @MarkKleinmanSky Saturday 16 December 2023…
“Today’s report highlights consumers’ strength and continuing capacity to spend.” NRF Chief Economist Jack Kleinhenz WASHINGTON – November results reported by the U.S. Census Bureau today show holiday season retail sales appear likely to meet the National Retail Federation’s forecast,…
Dec. 10, 2023 “It’s the impact you’re trying to make and the microphone you have to use.” Someone essentially said as much to me in an interview on a different topic last week, but it resonated in the context of…
River Ridge Mall announced the renowned clothing retailer ‘Torrid’ is set to open its doors in 2024. (courtesy, River Ridge Mall) LYNCHBURG, Va. (WFXR) — River Ridge Mall announced the renowned clothing retailer ‘Torrid’ is set to open its doors…
The back isn’t as big as you want to believe. 4. The dreaded Christmas rota CHRISTMAS WITH YOU, from left: Aimee Garcia, Freddie Prinze Jr., Deja Monique Cruz, Zenzi Williams, 2022. Pic: REX You know the rota for Christmas is…
OTTAWA – The top executive at Sobeys asserted on Monday that Canada has one of the most competitive grocery retail sectors on the planet — even as Canadians continue to feel the bite of higher prices. “Although our…
What do Rivian, the history of Hollywood, and coffee have in common? Very little as of writing, but they’ll come together on December 9, 2023, when the brand opens its flagship retail space in an extensively renovated historic movie theater…
Following a developer’s plans to build a large retail store in Lincolnville, the town will vote on a six-month moratorium for all large, non-residential developments. The moratorium is meant to give local officials time to approve additional regulations to protect…
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