Critics called it the quietest Cannes in years. But if the stars barely shone, the diamonds certainly did in a season that underlined how vital the film festival is to the jewelry industry, particularly for De Grisogono.
6-7.5 million retail jobs in the US are likely to become automated, leaving a large portion of the retail workforce, mostly women and working poor, at risk of becoming 'stranded workers', says a recent report.
Hut Group, one of the world’s largest e-tailers selling health, beauty and fashion, has acquired an international hosting company in a strategic move to upgrade the technology behind its e-commerce sites.
South African-based retailer Massmart reported on Thursday a near 2 percent fall in overall same-store sales in the first five months of the current year, as outlets outside its home market underperformed.
Finally a bit of good news for the storied American retailer: Sears reported its first quarterly profit in nearly two years on Thursday, buoyed by the sale of its Craftsman brand and a program to cut $1.25B in costs.
A new online survey has found that 31% of people would firmly prefer to have more time than money, and 44% believe experiences are more important than things, revealing new opportunities for retailers.