#retail

#retail

Beales is closing its historic department store following tax hikes that rendered the business unviable.

Beales blames tax increases for its closure, framing the situation as a direct consequence of recent government financial policies.

Marks and Spencer is reeling from a massive cyber attack, leading to significant operational disruptions and lost revenue.

M&S has halted online orders due to a cyber attack.

M&S halted online orders due to a cyber-attack, impacting sales and customer services.

M&S is experiencing delays to Click and Collect orders due to a recent cyber attack.

Cybersecurity threats are causing major disruptions in the retail sector, evidenced by attacks on M&S and Co-op.

Marks & Spencer is dealing with a cyber incident affecting Click & Collect orders while ensuring store operations continue normally.

Breaking up with Amazon is difficult, but worth exploring local retail alternatives like independent bookstores.

Shop price inflation shows signs of an upward trend, marking an end to deflation.

The escalating tariffs significantly impact retailers of non-essential home goods, challenging their pricing strategies and consumer willingness to pay more.

Ikea's UK CEO supports pedestrianising Oxford Street to enhance shopping experience as the company opens its new store in London.

IKEA opens a new, innovative store on Oxford Street, featuring tailored spaces for urban living.

IKEA's new Oxford Street store opens on May 1, 2025, delivering a traditional shopping experience in a significant city location.

Ikea's new Oxford Street store opens with unique features, including a drag queen collaboration, highlighting a commitment to inclusivity and accessibility.

The Co-op has taken proactive measures against hackers, minimizing impact on operations.

M&S faces severe disruptions from a cyber attack, with serious financial implications.

Marks & Spencer is experiencing store disruptions due to a cyberattack, working to restore full operations.

Walmart faced profitability pressure due to increased expenditures but shows growth across diversified channels.

M&S has suspended online and app orders due to a cyber attack affecting payment and order processing.

Responding to consumer demand for convenience, sustainable products, and personalized experiences drives growth in retail and e-commerce.

QVC faces significant challenges due to tariff impacts and shifts in consumer shopping habits, necessitating strategic adaptation.

Temu and Shein's reduced advertising spend may benefit U.S. retailers despite uncertain outcomes for ad buyers and discount brands.

UK retailers urge government to reform import tax rules amid fears of low-cost goods flooding the market from China.

The acceleration of viral microtrends is slowing as Gen-Z seeks authenticity and individual expression in fashion.

Aligne's pop-up in SoHo allows customers to browse highly sought-after pieces, including the popular Daphne Waisted Knit.

Curated shopping lists for spring and summer feature versatile styles and must-have pieces from popular retailers.

Sneakers are making a strong comeback, blending style with practicality across different designs.

Gap and Dôen launch a second successful collection, expanding from women's to menswear and baby apparel, featuring vintage-inspired styles.

Rite Aid faces a second bankruptcy filing due to cash flow issues and will likely sell off assets.

Joann is permanently closing 255 stores due to financial difficulties and bankruptcy.

The closures mark the end of Joann's physical presence in many locations.

Variety Wholesalers will reopen 54 Big Lots stores across 12 states next month, following the retailer's bankruptcy and takeover.

Big Lots will reopen 54 stores on May 1 and 78 stores on May 15 as part of its revival plan.

Walmart is enhancing its beauty product offerings with significant discounts during the Walmart Beauty Event, making premium items more accessible.

Costco's growth could allow it to surpass Walmart in market capitalization within three years.

Walmart's strong market position in a challenging retail landscape highlights its potential for success amid inflation.

Lidl plans to spend half a billion pounds expanding its store presence across London.

The supermarket chain targets 235 neighborhoods for potential new locations.

Lidl plans to open new stores in Hampstead, Angel, and Barnet as part of a £500 million expansion plan in the UK.

Hudson's Bay begins liquidation sales across its stores with discounts up to 70% as it prepares to close permanently.

Hudson's Bay Co. will start liquidating the last six stores, as finding a buyer is unlikely.

Union Square Park is experiencing a revitalization with new restaurants and increased occupancy.

Saks Fifth Avenue's Union Square store is set to close after operating on an appointment-only basis since last summer.

Wendy Duggan emphasizes the importance of ROI measurement and maintaining brand consistency across global markets as key challenges for CMOs.

Starbucks aims to enhance brand recognition through a new dress code emphasizing the green apron.

Westfield Valley Fair Mall in San Jose is updating its retail offerings significantly with notable new stores.

It is possible to shop at Costco without a membership using certain methods.

Non-members can access Costco food courts but face tighter restrictions.

Shopping with a Costco Shop Card or delivery services are viable options.