After some disappointing footfall figures for UK retail in the days leading up to Christmas and just after it, there appears to have been a hint of a recovery in recent days.
Consumer spending in 2021 was characterised by the continued growth of online and a bigger focus on sports and home improvement spending, a new report from Barclaycard has shown.
Finnish retail giant Stockmann has struck a deal to sell its department store properties in Tallinn, Estonia and in Riga, Latvia to Viru Keemia Grupp (VKG).
The new owners of Selfridges have major property development plans for the site in Oxford Street, London, with a luxury hotel and flats to be created. They will also continue to upgrade the main department store.
David Beckham is reportedly selling a 55% stake in his management business to acquisition-hungry Authentic Brands Group (ABG) for as much as £200 million. The reports haven't been confirmed by either party.
Retailers' longer return policies, launched during the pandemic to lure consumers, could leave them facing higher costs if shoppers bring back a record-setting $112bn in gifts bought during the long holiday season.
Paris Hilton has created an island in the online virtual world, dubbed Paris World. Like other virtual hangouts, Paris World will collect small payments for purchasing virtual clothing and other experiences.
Big retailers are breaking California law and misleading consumers by selling plastic shopping bags bearing language and symbols that falsely suggest the bags can be recycled, a state-appointed commission alleges.
American shoppers flocked to brick-and-mortar stores this holiday season, with especially strong sales in several states where the rate of full vaccinations against the Covid-19 virus is less than 60%.
Harvey Nichols saw its sales plummeting in the year to the end of March with a drop to £121 million from a pre-pandemic £222 million.
Former Vogue editor-in-chief and eponymous magazine founder Grace Mirabella died at her home in Manhattan last week at age 91.
Apple Inc said this week it has closed all of its 12 New York City stores to indoor shopping as cases of the Omicron coronavirus variant surged across the United States.
What used to be one of the busiest physical shopping days of the year has fallen flat in 2021 as fears over the latest coronavirus variant and other issues kept shoppers at home.
Japan's retail sales rose faster than expected in November, thanks to decreasing Covid-19 cases in the month, which have encouraged shoppers to ramp up spending on goods and services.
US retail sales rose 8.5% during this year’s holiday shopping season from November 1 to December 24, powered by soaring e-commerce sales, a report by Mastercard Inc said on Sunday.
