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
Retail insights from Retail & Tech No3
Retail news and trends to watch out for Shrinking brick-and-mortar. There are more signs of retailers...June 15, 2020
Singapore’s Suntec City launches livestreaming shopping festival
Singapore-based mall Suntec City will host the city state’s first mall livestreaming festival called Suntec Shopfest. The...June 15, 2020
Sephora to dedicate 15% of shelf space to Black-owned companies
Sephora (LVMH) is to dedicate 15% of its shelf space to Black-owned companies. The move sees the...June 11, 2020
29% of UK consumers refuse to queue at stores to buy beauty
Some 29% of UK consumers said they would not wait in line to buy beauty products, according...June 10, 2020
Macy’s Q1 loss comes in at $650m, sales down 45%
Macy’s was hit hard by COVID-19, with net sales down 45% to $3.017bn and net loss coming...June 9, 2020
Retail Insights from Retail & Tech No2
Retail news and trends to watch out for Whatsapp selling. More retailers are looking to Whatsapp to...June 9, 2020
Macy’s raises $4.5bn in new financing
US-based department store Macy’s has raised $4.5bn in new financing, including its previously announced $1.3bn of senior...June 9, 2020
Key takeaways from BW Confidential/Cosmoprof webinar: Restarting Physical Retail
BW Confidential’s Editor in Chief Oonagh Phillips moderated a webinar on Restarting Offline Retail at Cosmoprof’s new...June 9, 2020
Sycamore in talks to acquire JCPenney, reports say
Private equity firm Sycamore Partners is in talks to acquire US-based retailer JCPenny, according to a report...June 8, 2020
JCPenney accesses debtor-in-possession financing, to close 154 stores
US-based retailer JCPenney has received court authorization to access its debtor-in-possession (DIP) financing of some $450m in...June 4, 2020
Ulta Beauty temporarily closed 100 stores amid US protests
US-based beauty retailer Ulta Beauty has temporarily closed some 100 locations across the US amid looting during...June 4, 2020
Douglas launches campaign to celebrate Pride month
Germany-based beauty retailer Douglas has launched a MyBeauty.MyPride. campaign to celebrate Pride month. Central to the campaign...June 2, 2020
Retail Insights from Retail & Tech No1
Retail news and trends to watch out for Opening up. More stores have begun to re-open after...June 2, 2020
Galeries Lafayette re-opens Paris flagship store
French department store Galeries Lafayette re-opened its Paris flagship store on boulevard Haussmann on May 30. The...May 30, 2020
Sephora North America revamps Beauty Insider loyalty program
Sephora has added new features to its Beauty Insider loyalty program in North America, including new savings...May 29, 2020
Ulta Q1 sales down 33%, sees stronger than expected sales at reopened stores
US-based retailer Ulta Beauty said that store closures due to the COVID-19 pandemic significantly impacted sales and...May 29, 2020
Boots UK implements new in-store hygiene measures
UK retailer Boots (Walgreens Boots Alliance) has implemented additional hygiene and social-distancing measures in light of the...May 28, 2020