Online retailer Amazon.com and teen apparel store chain Forever 21 are among the companies weighing offers to acquire bankrupt American Apparel, people familiar with the talks said on Wednesday.
The fashion industry – from your department store to your luxury boutique – is undergoing significant change at the hands of the digital revolution.
Thrifty U.S. consumers carefully picked over Black Friday discounts during the four-day weekend, leaving retailers with less money in their registers and a lukewarm kickoff to the holiday season.
What used to be known as "Singles Day" in China has been redefined and rebranded as "The 11/11 Global Shopping Festival" by the holiday's e-commerce patron saint, Alibaba, and with good reason.
The handbag industry, rocked by slowing department-store traffic and a shift away from purses by millennials, has a new mantra this holiday season: Do more with less. Luxury retailers such as Nordstrom Inc., Bloomingdale’s and Barneys New York are introducing far fewer styles of handbags this year as the critical Christmas season approaches.
Retailers are poised to impose a wave of price rises that could add 5 per cent to shopping bills in the new year after the pound plunged by more than the worst forecast of so-called 'Project Fear'
Indications that Amazon (AMZN) is deploying plans where customers can order groceries online and pick them up at a company facility could add billions in revenue to the e-commerce giant, says Pacific Crest Securities.
A new study released this week has found that a staggering number of UK retailers do not meet customer privacy standards. New research carried out by Compuware has found that 77 per cent of retailers don’t know how they will respond to the new EU General Data Protection Regulation (GDPR).
When RSR recently asked retailers about the status of capabilities related to capturing and analyzing Big Data, we found that no capability was reported to have been "implemented" by up to 50 percent of retailers and less than a quarter claimed to be "satisfied" with what they had implemented.
If you’re a retailer in the twenty-first century, chances are that you’ve come across the terms ‘deep discounts’ and ‘everyday low prices.’ Convenience stores, e-retailers, and brick and mortar stores alike face this dilemma; to go with consistently lower prices, or try an ad campaign with occasional sales and promo offers.