The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
holidays
Retail
Amazon to Hire 120,000 Temporary Workers for Holiday Season
Meanwhile, rival US retailers have taken a cautious view of the holiday selling season this year.
Amazon to Hire 120,000 Temporary Workers for Holiday Season
Meanwhile, rival US retailers have taken a cautious view of the holiday selling season this year.
Retail
After Tough Holiday Season, Small Retailers Are Strategising
A slow holiday season can be particularly difficult for small and independent retailers who don't have the sales volume and financial resources to compete with the huge discounts offered by big national chains.
After Tough Holiday Season, Small Retailers Are Strategising
A slow holiday season can be particularly difficult for small and independent retailers who don't have the sales volume and financial resources to compete with the huge discounts offered by big national chains.
Financial Markets
Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast
Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.
Macy’s Plans to Slash Jobs After Sales Tumble More Than Forecast
Macy’s Inc. announced plans to fire or relocate about 3,000 workers after suffering a worse holiday period than it predicted.
Financial Markets
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
John Lewis Provides Holiday Cheer as Store’s Online Sales Soar
John Lewis captured British shoppers’ online buying habits over Christmas, fueling sales growth at the UK department-store chain.
Retail
Online Surge Leads to Many Not-So-Happy Returns for Retailers
A surge in online sales this holiday season is boosting expenses for some retailers as more shoppers return merchandise purchased with the click of a mouse.
Online Surge Leads to Many Not-So-Happy Returns for Retailers
A surge in online sales this holiday season is boosting expenses for some retailers as more shoppers return merchandise purchased with the click of a mouse.
Technology
Amazon Is Capturing Bigger Slice of US Online Holiday Spending
Amazon.com Inc. is increasing its share of US online spending during the holiday season, even as Wal-Mart Stores Inc., Target Corp. and other rivals seek to attract consumers with promotional sales and free deliveries.
Amazon Is Capturing Bigger Slice of US Online Holiday Spending
Amazon.com Inc. is increasing its share of US online spending during the holiday season, even as Wal-Mart Stores Inc., Target Corp. and other rivals seek to attract consumers with promotional sales and free deliveries.
Retail
In Digital Age, Holiday Windows Still Drive Sales
Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?
In Digital Age, Holiday Windows Still Drive Sales
Despite the rising importance of digital touchpoints, brands and retailers are still pouring money into elaborate holiday windows. Why?
Technology
Apple Reshapes Holiday Shopping With Bigger Smartphones
Bigger screens, easier payment options combined with revamped retail websites and shopping applications customized for phones are changing consumer behavior.
Apple Reshapes Holiday Shopping With Bigger Smartphones
Bigger screens, easier payment options combined with revamped retail websites and shopping applications customized for phones are changing consumer behavior.
Retail
Online Sales Surge Ahead of Brick-and-Mortar Retailers’ Big Day
US e-commerce sales surged on Thanksgiving, raising questions about how many shoppers will show up for brick-and-mortar promotions on Black Friday, the traditional kickoff to the holiday season.
Online Sales Surge Ahead of Brick-and-Mortar Retailers’ Big Day
US e-commerce sales surged on Thanksgiving, raising questions about how many shoppers will show up for brick-and-mortar promotions on Black Friday, the traditional kickoff to the holiday season.
Technology
US Consumers Favour Amazon for Online Holiday Shopping
A majority of US consumers plan to go to Amazon.com for most of their online holiday shopping, even after traditional retailers have collectively spent billions of dollars to try to capture Web demand.
US Consumers Favour Amazon for Online Holiday Shopping
A majority of US consumers plan to go to Amazon.com for most of their online holiday shopping, even after traditional retailers have collectively spent billions of dollars to try to capture Web demand.
News & Analysis
Macy’s Joins Singles’ Day Debutantes in Chinese Buying Spree
China’s shoppers will have even more online bargains to choose from when Macy’s Inc. add to the foreign retailers bolstering Wednesday’s Singles’ Day offerings.
Macy’s Joins Singles’ Day Debutantes in Chinese Buying Spree
China’s shoppers will have even more online bargains to choose from when Macy’s Inc. add to the foreign retailers bolstering Wednesday’s Singles’ Day offerings.
Retail
H&M to Close on Thanksgiving in Sign of Mellowing Holiday Season
H&M’s US stores will close on Thanksgiving for the first time, underscoring a shift toward a less-frenzied holiday season for retailers.
H&M to Close on Thanksgiving in Sign of Mellowing Holiday Season
H&M’s US stores will close on Thanksgiving for the first time, underscoring a shift toward a less-frenzied holiday season for retailers.
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.