#retail

#retail

In New York City's Times Square, tm:rw is a 20,000-square-foot tech retail space for "founders, inventors, and visionaries who believe in shaping what's next."

Ruby Liu signed deals with Hudson's Bay in May to buy up to 28 leases across Canada belonging to the defunct retailer and its sister banner Saks.

"From young people taking their first step into the world of work to parents and carers returning to the workforce, retail offers opportunities that meet the needs of people in all corners of the country. These increases in employment costs are putting those opportunities at risk."

Retail businesses using CRM systems see an average 41% increase in sales revenue and 27% faster sales cycle completion.

Poundland is struggling to maintain stock levels as suppliers like Nestlé and Procter & Gamble have tightened credit terms due to concerns over financial stability.

Amazon has now listed the Nintendo Switch 2 in the US, allowing users to register interest for an invitation to purchase the console.

A physical altercation occurred outside a GameStop store in Colma, California, after one man allegedly cut in line to buy Pokémon cards, leading to a stabbing.

Liu emphasizes the need to energize traditional retail by creating experiences that attract younger consumers, stating the importance of bridging online shopping with physical store visits.

The M&S store at Kew Retail Park plans to more than double the size of its food hall to provide a full range of products.

The sale of Brickell City Centre's mall to Simon Property Group highlights the continuing investment trend in upscale retail despite the broader decline of American malls.

The renegotiated sale price of WH Smith to Modella Capital is now expected to be up to £40 million, down from the initial forecast of £52 million.

Rebecca Pells, co-owner of The Beauty of Aesthetics, expressed her excitement on opening day, stating, "We are ecstatic to get the business off the ground and welcome new faces as well as our returning clients."

Scammers have been targeting consumers with online ads impersonating Big Lots. Links within these ads direct hopeful shoppers to fake websites that are not affiliated with the official retailer. Be aware that any advertisements promoting online Big Lots deals are not legitimate.

River Island's decision to close 33 UK stores reflects a need to adapt to changes in shopping behavior, driven by online retail growth and operational costs.