JCPenney to close 152 stores, lay off 1,000 employees
US-based retailer JCPenney is set to close 152 stores and lay off 1,000 employees at its corporate,...July 16, 2020
Sa Sa turnover drops 67.9% in first quarter
Hong Kong-based beauty retailer Sa Sa’s retail and wholesale turnover fell 67.9% year-on-year to HK$590.5m ($76.2m) in...July 15, 2020
Ulta Beauty launches sustainability and transparency program
US-based beauty retailer Ulta Beauty to to launch a sustainability and transparency initiative at its stores this...July 15, 2020
Retail Insights from Retail & Tech No7
Retail news and trends to watch out for Digital connections. Shiseido Travel Retail’s recent animation for the...July 13, 2020
Boots UK to lay off 4,000 employees
UK retailer Boots (Walgreens Boots Alliance) will lay off 4,000 employees, or 7% of its workforce, across...July 9, 2020
John Lewis to close eight stores
UK-based retailer John Lewis is to close eight stores, including two of its full-size department stores in...July 9, 2020
Harrods opens new Harrods Outlet concept store
UK-based department store Harrods opened a new concept store Harrods Outlet at Westfield London mall. The outlet...July 8, 2020
Sephora Asia names Alia Gogi president
LVMH has named Alia Gogi president of Sephora Asia, effective July 1. Gogi replaces Benjamin Vuchot, who...July 7, 2020
Retail Insights from Retail & Tech No 6
Retail news and trends to watch out for Color makeover. The color category may be seeing steep...July 6, 2020
Nyx Cosmetics to close Malaysian stores
Nyx Cosmetics (L’Oréal) is set to close all of its Malaysian stores, according to an announcement via...July 3, 2020
AS Watson Group pledges to reduce plastic waste, use sustainable palm oil
AS Watson Group says it is the first health and beauty retailer to participate in the New...July 2, 2020
Macy’s reports $3.58bn net loss in first quarter
US-based department-store group Macy’s reported an adjusted net loss of $630m for the first quarter of 2020,...July 1, 2020
Le Bon Marché opens new make-up area
Paris department store Le Bon Marché (LVMH) has launched a new make-up space called L’Atelier Maquillage. The...July 1, 2020
South Korea retail grows 2% in May thanks to online
South Korea’s overall May retail sales grew 2% year-on-year, according to the country’s Ministry of Trade, Energy...June 30, 2020
Space NK to close US stores
UK-based beauty retailer Space NK is set to close all eight of its stores in the the...June 30, 2020
Retail insights from Retail & Tech No5
Retail news and trends to watch out for Sephora & social commerce. Retailers are looking beyond their...June 29, 2020
Holland & Barrett partners with Deliveroo for quick delivery service
UK-based health and wellness retailer Holland & Barrett has partnered with food delivery business Deliveroo to offer...June 29, 2020
Macy’s to cut 3,900 corporate and management jobs
US-based department-store group Macy’s is to cut 3,900 jobs in a bid to reduce costs in the...June 25, 2020
Sephora launches storefront on Instagram
Sephora Americas has launched a storefront on social platform Instagram. The storefront will enable shoppers to buy...June 24, 2020
Alibaba sees biggest ever 6.18 festival
Alibaba said it saw its largest 618 shopping festival ever this year, with the number of Tmall...June 23, 2020
Retail Insights from Retail & Tech No 4
Retail news and trends to watch out for Shiseido’s new store. The Japanese group opened a new...June 22, 2020
Shiseido opens Beauty Square store in Tokyo
Shiseido opened its Beauty Square store on the first floor of the Harajuku mall in Tokyo on...June 18, 2020
Zalando expands Connected Retail offer to Poland, Sweden and Spain
Online retailer Zalando will expand its Connected Retail program to Poland, Sweden and Spain from July. The...June 17, 2020
Neiman Marcus accesses debtor-in-possession financing
US-based departmant-store group Neiman Marcus received approval from a US bankruptcy court to access debtor-in-possession financing. The...June 17, 2020
US retail sales up 17.7% month-over-month in May, drop 6.1% year-over-year
US retail sales grew 17.7% to $485.5bn in May compared to the prior month , but dropped...June 17, 2020
Ulta partners with Credo Beauty to expand clean beauty range
US-based retailer Ulta Beauty has partnered with clean beauty retailer Credo Beauty to offer a clean beauty...June 17, 2020
Mall landlords and Authentic Brands Group in talks to buy JCPenney, says report
US-based mall landlords Simon Property Group Inc and Brookfield Property Partners LP and brand development company Authentic...June 16, 2020
China’s cosmetics retail sales grow 12.9% in May
Total retail sales of cosmetics in China in May grew 12.9% year-on-year to Rmb27bn ($3.81bn), according to...June 16, 2020
Douglas to realign store network, names restructuring officer
Germany-based beauty retailer Douglas is to realign its store network and ramp up e-commerce due to the...June 16, 2020
Walmart partners with Shopify
US-based retailer Walmart has inked a partnership with e-commerce platform Shopify, which will allow Shopify merchants to...June 16, 2020