Upscale Australian department store chain David Jones saw A$712 million being slashed from its value on Thursday as South African owner Woolworths booked an impairment charge linked to the underperforming business
It’s always encouraging when a retailer headlines its trading update with words like “record first half” and that’s just what London-listed e-tailer MySale did Thursday, with H1 boosted by its try-before-you-buy offer.
Asos is firing on all cylinders, beating off the weak market in early autumn and December as both its international and domestic businesses saw surging sales, while Try Before You Buy and same-day delivery were popular.
The Luxury Institute’s 2018 report reveals what international luxury consumers expect from their shopping experience, with customer service ranking highly and politeness topping the list of priorities for sales staff.
Wal-Mart Stores Inc is looking to sell part of its operations in Brazil, where it has struggled, yet missteps by the U.S. retail giant have narrowed the field of potential buyers and could lower the value of any deal.
After missing the critical holiday shopping season, Apple Inc has jumped into the voice speaker wars with the HomePod smart speaker, a device that will compete against offerings from Amazon.com and Google.
A list of stores that troubled fashion retailer New Look is said to be planning to close is circulating and it looks like Scotland and Wales will see the biggest impact but London flagships could also go.