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Marks and Spencer pulls out of China's high street - the world's biggest retail market

Marks and Spencer pulls out of China's high street

With a rapidly growing middle class living in constant fear of shoddy counterfeit clothing and a perpetual cycle of food scares, China appears – on the surface at least – to be the perfect match for Marks and Spencer’s brand of trusted quality.

By Neil Connor on 14th March 2017

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Amazon, Forever 21 Vying for Bankrupt American Apparel

Amazon, Forever 21 Vying for Bankrupt American Apparel

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.

By Reuters on 05th January 2017

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8 Tech Trends That Will Shape The Future Of Fashion And Luxury Retail In 2017

8 Tech Trends That Will Shape The Future Of Fashion And Luxury Retail In 2017

The fashion industry – from your department store to your luxury boutique – is undergoing significant change at the hands of the digital revolution.

By Rachel Aurthur on 19th December 2016

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Bargain Hunters Roil Retailers Looking for Black Friday Bouncel

Bargain Hunters Roil Retailers Looking for Black Friday Bouncel..

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.

By Nick Turner on 27th November 2016

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How Alibaba Plans To Reinvent Retail With 11/11, Its Global Shopping Festival

How Alibaba Plans To Reinvent..

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.

By Michael Zakkour on 2nd November 2016

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Handbag Sellers Slashing Their Lineups as Luxury Demand Wanes

Handbag Sellers Slashing Their Lineups as Luxury Demand Wanes

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.

By Stephanie Hoi-Nga Wong on 31st October 2016

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Retailers prepare to hike prices by at least 5% after Christmas as pound plunges below 'Project Fear' forecasts

Retailers prepare to hike..

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'

By Neil Craven on 15th October 2016

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Are Retail Stores, Drive-Through Pickup Key To Amazon's Growth?

Are Retail Stores, Drive-Through Pickup Key To Amazon's Growth?

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.

By Brian Deagon on 21st September 2016

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Over 70% of retailers don't know where your data is

Over 70% of retailers don't know where your data is

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).

By Ben Stevens on 13th September 2016

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Why are retailers struggling with Big Data?

Why are retailers struggling with Big Data

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.

By Brian Kilcourse on 12th September 2016

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