The UK’s already-fragile consumer confidence fractured further in October with the latest GfK survey showing it’s dangerously close to breaking point and offering no encouragement for the Christmas shopping season.
Lindex improved in Q3 and owner Stockmann is mulling strategic alternatives for the chain, but the firm's department stores remain a challenge, although strategy tweaks focused on fashion, beauty and home are under way.
A new study from NRF has revealed that U.S. consumers intend to spend an average of $1,048 this holiday season, up 4% from last year, with most shoppers planning to split their spend over a range of different channels.
As retailers continue to dive deep into the so-called golden quarter, their customers around the world are looking to them for inspiration with as many as 47% of shoppers globally needing some help deciding what to buy.
Privately-owned department store chain Menarys continues to grow sales at its Northern Ireland-based business, and announced it's shifting its operation away from a concession-based model, reports said Friday.
Debenhams has confirmed that Radley’s chairman Mark Gifford, who’s also an ex-House of Fraser exec, is its new chairman. Speculation around him has been intense this week as the company continues its turnaround drive.
A concept that bridges e-tail and retail and gives shoppers faster access to the clothes they've ordered as well as the ability to send them back quicker is a new initiative from landlord Grosvenor in Sweden.
With UK inflation at around 2%, a study predicting just a 0.8% increase in Christmas spend this year is bad news for stores. And it could be worse under a no-deal Brexit as the prediction would be scaled back to 0.2%.