The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
holidays
China
Alibaba Prepares a Grand Retail Experiment for Singles' Day
The e-commerce titan has enlisted 10 percent of China’s convenience stores, about 600,000 outlets, to hawk goods and get billions of parcels shipped to customers nationwide.
Alibaba Prepares a Grand Retail Experiment for Singles' Day
The e-commerce titan has enlisted 10 percent of China’s convenience stores, about 600,000 outlets, to hawk goods and get billions of parcels shipped to customers nationwide.
Retail
Thanksgiving, Black Friday Sales Up 9 Percent
E-commerce sales rose 10.8 percent for the two-day period, while sales at physical stores grew 8.6 percent.
Thanksgiving, Black Friday Sales Up 9 Percent
E-commerce sales rose 10.8 percent for the two-day period, while sales at physical stores grew 8.6 percent.
News & Analysis
How Fashion Fell in Love with Black Friday
"As demand has surged year-on-year, it’s become a date that labels just can’t ignore."
How Fashion Fell in Love with Black Friday
"As demand has surged year-on-year, it’s become a date that labels just can’t ignore."
News & Analysis
Target CEO Says Online Sales Are Actually Helping Stores on Black Friday
"It looks like retailers have finally figured out that online sales don’t necessarily eat into their store sales."
Target CEO Says Online Sales Are Actually Helping Stores on Black Friday
"It looks like retailers have finally figured out that online sales don’t necessarily eat into their store sales."
News & Analysis
Thanksgiving Sales Surge Online as Shoppers Stay Home For Holiday
"Online spending by US bargain hunters climbed to above $1 billion by Thanksgiving evening, surging almost 14 percent from a year ago and reflecting
Thanksgiving Sales Surge Online as Shoppers Stay Home For Holiday
"Online spending by US bargain hunters climbed to above $1 billion by Thanksgiving evening, surging almost 14 percent from a year ago and reflecting
News & Analysis
Black Friday Isn’t the Shopping Bonanza It Used To Be
"Though Black Friday is still vital to retailers for marketing purposes, it’s role in actual holiday sales is shrinking."
Black Friday Isn’t the Shopping Bonanza It Used To Be
"Though Black Friday is still vital to retailers for marketing purposes, it’s role in actual holiday sales is shrinking."
News & Analysis
Why the Macy’s Thanksgiving Day Parade Is a 'Dream' for Brands
"Tomorrow is Thanksgiving, but it will seem more like Christmas morning to the dozens of brands who will get to reach one of TV's most receptive
Why the Macy’s Thanksgiving Day Parade Is a 'Dream' for Brands
"Tomorrow is Thanksgiving, but it will seem more like Christmas morning to the dozens of brands who will get to reach one of TV's most receptive
Retail
Department Stores Change Tactics as They Lose Ground to Screens
Retailers such as Macy’s Inc. and J.C. Penney Co. are preparing for the holidays by offering more exclusive products, store-in-store showrooms and in some cases cash rewards.
Department Stores Change Tactics as They Lose Ground to Screens
Retailers such as Macy’s Inc. and J.C. Penney Co. are preparing for the holidays by offering more exclusive products, store-in-store showrooms and in some cases cash rewards.
Retail
Research Groups Predict Robust Online Holiday Shopping
ComScore predicts online spending on Cyber Monday will jump to $3.5 billion from $3.12 billion last year.
Research Groups Predict Robust Online Holiday Shopping
ComScore predicts online spending on Cyber Monday will jump to $3.5 billion from $3.12 billion last year.
News & Analysis
Macy's and Kohl's Have Good News on Wage Growth
Both Macy’s Inc. and J.C. Penney Co. reported earnings this week and faced questions about employee wage pressures as staffing levels increase for the holiday months.
Macy's and Kohl's Have Good News on Wage Growth
Both Macy’s Inc. and J.C. Penney Co. reported earnings this week and faced questions about employee wage pressures as staffing levels increase for the holiday months.
News & Analysis
Target Plays Up Value for the Holiday Season
Target wants to lure shoppers during the final critical months of the year.
Target Plays Up Value for the Holiday Season
Target wants to lure shoppers during the final critical months of the year.
News & Analysis
Nordstrom to Hire Fewer Temporary Employees For Holiday Season
The company said about 9,500 temporary employees will be hired in sales and stock positions at its stores in the United States and Canada and Nordstrom Rack stores in the United States.
Nordstrom to Hire Fewer Temporary Employees For Holiday Season
The company said about 9,500 temporary employees will be hired in sales and stock positions at its stores in the United States and Canada and Nordstrom Rack stores in the United States.
The News in Brief
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.