Just a week after it announced its new Clothing & Home chief, retail giant M&S has made another lynchpin hire with the creative director of Arcadia Group Retail, Anthony Cassidy, becoming head of brand creative.
Trouva, the online marketplace that specialises in offering hard-to-find pieces from a wide variety of retailers, has received an investment boost and plans to use the cash to fund its European expansion.
Physical stores expecting a Black Friday weekend boost might be disappointed with specialist tracking company Springboard predicting a 4.5% drop in footfall on the day itself and a 4.4% fall for the three-day weekend.
Private equity firm Catalyst Capital Group Inc on Wednesday made a competing offer for Hudson’s Bay Co that challenges the Canadian retailer’s deal with a consortium led by its executive chairman, Richard Baker.
At the opening of a new logistics hub in Barcelona, a 190,000 sq mt facility that will bring the whole operation under one roof, the brand’s CEO announced an increase in sales and promising signs of a turnaround.
With holiday shoppers already making purchases and an increasing number of consumers expected to shop on Thanksgiving, analysts are predicting that this year’s Black Friday won’t have quite the same clout.
The extent to which UK Christmas shopping has moved online can be seen from a new study by parcels carrier Royal mail. It said that almost half of festive shoppers do most of their shopping online during this period.
The under 35s will be key to the Christmas shopping season internationally, a new study shows. And retailers who want to reach them need to hit a sweet spot by combining sustainability with tech and attractive pricing.