American sportswear and footwear retailer Footlocker has shrugged off concerns about the British retail industry as it unveiled plans to open one of its largest global stores at Liverpool One shopping centre this year.
Egyptian jeweller Azza Fahmy is to launch in the UK with the brand having just signed up to a store in luxury shopping-location-cum-tourist-destination Burlington Arcade as London remains a key focus for high-end brands.
Deloitte’s Global Powers of Retailing ranking 2018 shows that US retail giants are losing their grip on the international market, while e-commerce, European fast fashion and sportswear brands are all gaining ground.
UK consumers who shop online already are becoming more online-focused than ever and are increasing the amounts they buy via webstores, a new report shows and more than half of women buy clothes online.
Stealthy in-line store pull-outs and intensified competition to attract new retailers figure among the problems facing malls in 2018, which must diversify their offer and focus their investments on consumer experience.
House of Fraser faced the same challenges endured by much of UK retail over the six-week Christmas period with a slow performance in stores, although margins improved. But unlike some, its web sales also proved weak.
Amazon added 300,000 small and medium size businesses (SMBs) as vendors in 2017. The online retail giant reports half of all items ordered last year were from SMBs selling through the Amazon Marketplace.