British consumers failed to increase their spending in December for a record fifth month in a row, adding to signs of a weakening economy that might prompt the Bank of England to cut interest rates this month.
The teen-focused American fashion retailer announced on Monday that, having achieved record revenues in 2019’s Black Friday week, it is confirming its previously reported financial outlook for the fourth quarter.
The chief executive officer of the Spanish brand is expecting to see “positive results” this year, and reveals the key elements of his growth strategy: a logistics upgrade, bigger stores and omnichannel.
Fashion shoppers are increasingly turning to their smartphones for their Christmas shopping this year and a new study shows that the majority of traffic and sales for fashion retailers online now comes through mobile.
Widespread predictions of Black Friday/Cyber Monday fatigue have been proved to have been wildly out of touch. And a week on, a new study shows that enthusiasm was high, and online conversion rates continued to rise.
Nordstrom's new store, located a few blocks from Central Park, marks the 118-year-old company's first flagship offering in the nation's biggest retail market and aims to reboot a format that has been fading.