retail-trade
FinanceThe Rise of Cashback Rewards for Online Shopping in Europe
Top StoriesLuxury Slowdown Prompts Fears of Inventory Pile-Up Over Key Holiday Season
Top StoriesUK Retailers See Weak Sales Growth in November Despite Black Friday Deals
Top StoriesTemu, Shein Far Lag Amazon as Online Holiday Shopping Ramps Up
Diy Retailer Kingfisher Cuts Profit Outlook Again on Weak French Market
Date: November 22, 2023
DIY retailer Kingfisher cuts profit outlook again on weak French market By James Davey LONDON (Reuters) -European home improvement retailer Kingfisher on Wednesday downgraded its full-year profit outlook for the second time in three months, blaming a weaker-than-expected market in France. Shares in the group, which owns B&Q and Screwfix in Britain and Castorama and...
From Lululemon to Birkenstock, Duplicate Styles Lure Holiday Shoppers
Date: November 20, 2023
From Lululemon to Birkenstock, duplicate styles lure holiday shoppers By Katherine Masters NEW YORK (Reuters) – Lauren Maginness is a fan of Lululemon. But the 31-year-old product marketer in New York City is increasingly supplementing her activewear with less-pricey brand duplicates she picks up through e-commerce site Amazon.com. One of her favorites: CRZ Yoga’s $32...
Analysis-Fewer Shoppers in Burberry Stores Complicates Design Overhaul
Date: November 17, 2023
Analysis-Fewer shoppers in Burberry stores complicates design overhaul By Mimosa Spencer PARIS (Reuters) – The slowdown in the luxury market following a post-pandemic boom could not come at a worse time for Burberry, with designer Daniel Lee’s first styles for the British label trickling into newly refurbished stores. Executives cautioned on Thursday that they would...
Explainer-What Is Black Friday? And Will Shoppers Find Bargains This Year?
Date: November 16, 2023
Explainer-What is Black Friday? And will shoppers find bargains this year? By Juveria Tabassum and Savyata Mishra (Reuters) – Retailers are preparing for what they hope will be yet another record-setting global shopping spree on Black Friday, the fourth Friday of November, which this year is Nov. 24. Known for crowds lining up at big-box...
Analysis-Santa’s Sleigh to Be Lighter as People Buy Fewer Toys
Date: November 15, 2023
Analysis-Santa’s sleigh to be lighter as people buy fewer toys By Richa Naidu and Aishwarya Venugopal LONDON (Reuters) – Santa Claus may not have as much to give this year because hard up shoppers in Europe and the United States are prioritizing food and household staples, global toy makers and industry experts said. Consumers worldwide...
Amazon Tacks on New Buy With Prime Features Ahead of Peak Holiday Shopping
Date: November 14, 2023
Amazon tacks on new Buy With Prime features ahead of peak holiday shopping By Arriana McLymore NEW YORK (Reuters) – Amazon.com is adding package tracking and return services for subscription members who use Buy With Prime, ahead of the holiday shopping season when it will face competition from new marketplaces including Shein and Tik Tok...