Retail sales soared in December, shattering months of stagnation, according to FocusEconomics. This impressive rebound signals a renewed surge of consumer confidence as we welcome the new year
Browsing: retail industry
British fashion powerhouse Superdry is gearing up to make a striking entrance in Argentina with its very first store, marking an exhilarating new chapter in its South American journey. This dynamic expansion is designed to deepen the brand’s presence and forge a vibrant connection with local fashion lovers like never before
Barnes & Noble is gearing up to spark excitement with plans to launch 60 brand-new stores across the U.S. in 2026, boldly expanding its physical presence. Get ready to explore the upcoming locations as this beloved bookseller embarks on an exciting journey of growth!
Dick’s Sporting Goods announced it will close several underperforming Foot Locker stores, sharpening its focus on more profitable locations and adapting to evolving consumer shopping habits
Britain’s Sainsbury’s has raised its full-year profit forecast, fueled by strong sales growth and a wave of enthusiastic customer demand, Reuters reports. The supermarket giant is confident it will keep this winning streak going in the months ahead
Germany’s retail sector is boldly navigating uncharted waters as Covid-19 restrictions and store closures transform the landscape. This ICE365 Content Series article explores the creative strategies retailers are deploying to survive and thrive, offering a glimpse into what the future holds in a post-pandemic world
Indian clothing retailer Trent has just announced its slowest revenue growth in over four years, underscoring the growing challenges facing the retail sector as evolving consumer preferences and intense competition continue to transform the market, Reuters reveals
The owner of Destiny USA has just sold a significant portion of an Albany shopping plaza, sparking a major shake-up in the local retail property market, sources reveal. Details about the buyer and upcoming plans remain tightly under wraps
A beloved national sneaker and clothing retailer at Destiny USA has closed its doors, smoothly integrating its products into another store within the mall. This transition marks an exciting new chapter in the retail scene at the Syracuse shopping center
Trump’s China tariffs have struck a devastating blow to two major US retailers, pushing them perilously close to bankruptcy. Skyrocketing costs and disrupted supply chains have created intense challenges, highlighting the severe economic fallout from these trade policies
Australia’s Woolworths has just announced quarterly sales that missed expectations, sparking a sharp plunge in its share price. The retail giant is facing ongoing hurdles as shifting consumer behaviors and intense competition continue to transform the market landscape
Costco is set to make a thrilling debut in Australia, diving headfirst into the booming $120 billion retail market. This bulk-buy giant is gearing up to expand its presence as consumer demand reaches new heights!
US retailer Best Buy is gearing up to expand its workforce in India, CEO Corie Barry reveals. This bold strategy aims to supercharge the company’s fast-growing operations and fast-track its digital initiatives throughout the region, senior executive Subramanian explains
Murphy USA is gearing up to open nearly 50 new stores over the next year, dramatically expanding its footprint in key markets. This ambitious plan aims to enhance convenience and meet the growing demands of today’s consumers, CoStar reports
Carrefour is reportedly joining forces with Rothschild to explore a potential sale of its Italy unit, Bloomberg reveals. This bold move hints at a major strategic shift as the French retail giant reassesses its footprint in the Italian market
China’s largest coffee chain has made a bold leap into the US market, opening its very first stores and challenging Starbucks’ long-standing dominance. This thrilling move signals the dawn of a fierce new rivalry brewing in America’s coffee landscape
Stephen Hayes Dacus has made history as the first foreign CEO of 7-Eleven Japan, ushering in a bold new chapter for the convenience store giant. His leadership marks an exciting shift in the company’s global vision and strategy
In a significant shift, Walmart is set to part ways with around 1,500 corporate employees as it embarks on a major restructuring initiative. This decision comes in response to the persistent challenges facing the retail industry, as the retail giant seeks to optimize its operations and boost overall efficiency.
MEC has been acquired by a dynamic group of Canadian investors, including some of the company’s own executives, signaling an exciting new chapter for this beloved outdoor retailer. This strategic move is set to breathe new life into the brand and reinforce its dedication to serving the Canadian market.
Walmart is gearing up to raise prices on certain items, a move driven by the rising tariffs on imported goods. This announcement serves as a cautionary note for consumers, hinting at potential inflation ahead. As the retail giant maneuvers through the choppy waters of ongoing trade tensions, shoppers may feel the pinch in their wallets.