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The ecommerce industry is undoubtedly booming in the United States despite predictions that economic uncertainty would hinder consumer spending. In fact, a recent report estimated there were more than $300 billion in retail ecomm sales in Q3 2024 alone. With that success comes a highly competitive market filled with brands fighting to claim – and retain – market share.
Over the past few weeks, the retail industry has been buzzing about the news of legacy retailer Nordstroms privatisation plans. In late December, the company announced that the Nordstrom family, including Erik, Pete, and Jamie Nordstrom, among others, and Mexican retail group El Puerto de Liverpool would acquire all the outstanding common shares for US$6.25 billion.
Barnes & Noble will open approximately 60 stores this year, according to reporting in the Financial Times (FT). The retailer, owned by Elliott Investment Management along with the UK bookseller Waterstones , opened 57 stores in the U.S. and 12 in the UK last year. The retailer currently operates 650 stores. Waterstones Managing Director James Daunt, who also leads Barnes & Noble, told FT that last year represented a really significant expansion, and that the company plans to do that or m
Once, borrowing money to make a purchase was a relatively tedious process, not a spur-of-the-moment thing. True, some stores offered lay-by plans that would let you pay for goods in instalments. But if they didnt, and you didnt already have a credit card, youd have to go to a bank and apply for one. That would mean providing a range of supporting documents, negotiating an appropriate credit limit, and waiting for approval.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
Want to enjoy the best of the outdoors without, you know, actually going outside? Then the recently opened London flagship of The North Face is the place for you. The retailer, working with Mood Media , has created an experiential retail location equipped with a large-scale LED visual wall displaying curated content, carefully chosen music and even a custom fragrance, White Pepperwood, carrying the scent of the outdoors through the air.
As China’s luxury market continues to evolve amidst economic shifts and changing consumer behaviours, understanding the complex dynamics of this vital sector has become increasingly crucial for global luxury brands. MDRis China Luxury Consumer Forecast 2025 offers insights into Chinas luxury sector and a roadmap for brands seeking to navigate this complex market.
JCPenney and SPARC Group, which holds a portfolio of brands including Aropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica , have formed a joint venture in an all-equity transaction to create Catalyst Brands. The new company launches with more than $9 billion in revenue, 1,800 store locations and 60,000 employees. Catalyst Brands also has sold the U.S. operations of Reebok and is exploring strategic options for Forever 21 soperations.
JCPenney and SPARC Group, which holds a portfolio of brands including Aropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica , have formed a joint venture in an all-equity transaction to create Catalyst Brands. The new company launches with more than $9 billion in revenue, 1,800 store locations and 60,000 employees. Catalyst Brands also has sold the U.S. operations of Reebok and is exploring strategic options for Forever 21 soperations.
M&S has had another strong holiday season , with its clothing and home division outshining competitors and building on its recent resurgence. Despite McKinsey stating the wider fashion industrys outlook for 2025 appears to be a continuation of the sluggishness seen in 2024: revenue growth is expected to stabilize in the low single digits, M&S defied these odds with a 1.9% increase in sales over the 13 weeks leading up to 28 December.
[Editors note: I sat down with the folks at PAN, our co-host for an exclusive event that will take place Monday, Jan. 13 from 6 to 8 p.m. at KYMA at Hudson Yards, to discuss a few of the key trends retail will be grappling with in 2025 for this blog post. Read on to take a look at the issues we plan to watch and cover onRetail TouchPoints. Adam Blair] Reflections on AI Use Cases PAN: Dont expect to walk by any vendor booths at NRF next week without having them tell you about their latest AI off
I get a little obsessive about the ~98 per cent of people who visit a site and dont buy. Why did they come? And what did they want that we didnt give them? To help answer this, I spend a lot of my time having conversations with prospective customers – the 98 per cent who could buy your product but dont. Not selling enough dog accessories? Talk to dog owners.
Successful pop-up shopping experience The Pop-Up Club has extended two of its retail leases in major UK cities, Manchester and London, as it continues to champion its collection of independent traders and retailers The Pop-Up Club has continued its efforts to highlight the UK high street as it announces extensions for two of its current retail units until the end of the month for Manchester Arndale and 27th January for Londons One New Change.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
M&S said it enjoyed another good Christmas as its focus across food, clothing and beauty helped the high street giant to deliver its busiest ever peak. Total group sales rose 5.6% to 4bn in the 13 weeks to 28 December as food revenue jumped 8.7% to 2.58bn. Sales of new Christmas products grew 14%, while its core categories across meat, produce, grocery and in-store bakery grew double digits.The retailers Remarksable value range saw sales surge 14% during the period.
In the fast-paced world of ecommerce, where growth and scalability define success, email marketing remains one of the most critical tools for driving customer engagement and revenue. According to Business Dasher, customers who receive email offers spend 138% more than those who dont. Two major players, Shopify Email and Klaviyo, stand out in the landscape of email marketing tools, each offering unique features to support businesses at various stages of growth.
Shaftesbury Capitalhas announced that lifestyle and apparel brandCarhartt WIPhas opened their new flagship on Sohos Brewer Street. The West End destination has also recently welcomed fashion retailer,Ronning, and craft jean makerBlackhorse Lane Ateliers, both on Berwick Street. Carhartt WIP has launched its new 4,000 sq ft flagship, relocating from 72-74 Brewer Street into a larger unit at 33-35 Brewer Street.
Once, borrowing money to make a purchase was a relatively tedious process, not a spur-of-the-moment thing. True, some stores offered lay-by plans that would let you pay for goods in instalments. But if they didnt, and you didnt already have a credit card, youd have to go to a bank and apply for one. That would mean providing a range of supporting documents, negotiating an appropriate credit limit, and waiting for approval.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
Goan furniture brand Josmo has opened a flagship store in Mumbai , designed by founder Anjali Mody to reflect a contemporary approach to Indian design craft. With India's interior design market growing fast , Josmo is one of several homegrown brands on the rise. The Mumbai store is the company's first outside Goa, where it was founded by Mody in 2010.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Ben & Jerrys, the UKs number one ice-cream tub brand, is launching two new indulgent SKUs. Bohemian Raspberryisa Non-Dairy music-inspired raspberry SKU celebrating 50 years of one of the worlds most iconic songs.Ben & Jerrys Brookies & Cream Sundaeis an innovative new flavour, inspired by the flavour combination of brownies and cookies to cre
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The Challenge A global confectionery manufacturer in Australia ran monthly half-price promotions at key retailers, aiming to boost impulse purchases by placing discounted products in high-traffic areas like aisles and gondola ends. However, sales consistently fell short of expectations. The brand suspected that stockouts were undermining the effectiveness of their campaigns, especially during peak weekend shopping periods.
M&S chief executive Stuart Machin has vowed to steer clear of “big job losses” at the retailer, despite facing significant cost headwinds in the year ahead. Following its bumper Christmas trading results which saw sales top 4bn, Machin highlighted rising costs, including 120m in additional wage expenses driven by National Insurance increases.
Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Silverburn, Glasgows leading retail and leisure destination, has announced a record-breaking year, surpassing its previous record year in 2023 by 42,000 visitors. In total, the centre welcomed 15.2 million visitors in 2024, marking a 2.4% increase in foot traffic in December alone.
Uniqlo owner Fast Retailing is on track for a record full-year performance as it delivered strong sales and profit growth across all of its markets, excluding China. The fashion retailer registered a 21% surge in pre-tax profits to 1bn (196.6bn yen) in the three months to November 30 2024, driven by a 10.4% rise in sales year-on-year to 4.6bn (895.1bn yen).
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Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Lolas has announced the opening of its latest London location inSouth Kensington, situated at10 South Kensington Station Arcade, SW7 2NA. The new store will bring Lolas signature hand-crafted cupcakes to one of Londons busiest and most iconic neighbourhoods.
The new entity features other labels owned by Authentic Brands Group and run by Sparc Group. Investors include Shein and mall REITs Simon and Brookfield.
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Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Luxury floral delivery service FLOWERBX has successfully transformed its subscription offering, partnering with objectsource to implement Ordergroove, a leading subscription management solution. FLOWERBX faced challenges with an outdated and inflexible legacy system, hindering its ability to effectively manage and scale its subscription business.
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