Douglas boosts small business visibility with online initiatives
Germany-based beauty retailer Douglas is using its online and social-media platforms to help boost small businesses’ visibility...April 21, 2020
Retail insights from Beauty Insight n°207
Retail news and trends to watch out for Brisbane Airport Corporation (BAC) launched an online airport marketplace...April 20, 2020
Amazon extends suspension of French operations
Amazon has extended the temporary closure of its French warehouses until April 22. In a statement the...April 20, 2020
Neiman Marcus defaults on payments
US-based retailer Neiman Marcus missed interest payments according to a letter from investment firm Marble Ridge Capital...April 17, 2020
Boots UK temporarily closes 60 stores
UK retailer Boots (Walgreens Boots Alliance) temporarily closed 60 stores which it describes as “very quiet at...April 16, 2020
Sa Sa turnover falls 56.5% in fourth quarter
Hong-Kong-based beauty retailer Sa Sa’s retail and wholesale turnover fell 56.5% to HK$892.4m (US$115m) in the fourth...April 16, 2020
Amazon suspends French operations
Amazon has closed its warehouses in France for four days, as it seeks to comply with a...April 16, 2020
JCPenney explores debt management options
US-based retailer JCPenney has begun discussions with consulting firm AlixPartners LLP i to explore options for managing...April 15, 2020
Macy’s hires investment bank to explore refinancing amid COVID-19
US-based department store Macy’s has hired investment bank Lazard Ltd to explore refinancing options after the retailer...April 14, 2020
NRF asks US government for further retail industry aid amid COVID-19
US-based National Retail Federation (NRF) president and ceo Matthew Shay asked the US government for more aid...April 10, 2020
Ulta Beauty to furlough staff, ceo takes pay cut
US-based beauty retailer Ulta Beauty will temporarily furlough many of its salon and store associates, effective April...April 9, 2020
Singapore retail to receive rental rebate amid COVID-19
Singapore-based real estate operating company City Developments Limited has said it will give rental relief and support...April 8, 2020
Debenhams files for administration amid COVID-19 store closures
UK-based retailer Debenhams filed a Notice of Intent (NOI) to appoint an administrator, following store closures as...April 6, 2020
Douglas to pay 80% of salaries for furloughed employees during COVID-19
German retailer Douglas will pay its part-time store employees and headquarter staff who have been furloughed 80%...April 6, 2020
Superdrug launches same-day delivery service amid COVID-19
UK-based retailer Superdrug launched its same-day courier service called “Store to Door” for online orders amid the...April 6, 2020
Neiman Marcus furthers bankruptcy preparation
US-based retailer Neiman Marcus has stepped up preparations to seek bankruptcy protection, according to a report by...April 6, 2020
Amazon postpones Prime Day due to COVID-19
Amazon is postponing its shopping event Prime Day until at least August due to COVID-19, according to...April 6, 2020
Space NK closes Chinese stores
UK-based beauty retailer Space NK has begun closing its stores in China. The retailer says the closures...April 3, 2020
Lush Europe suspends online orders, US stores cut staff
Lush has suspended online orders for its UK and other European sites amid the COVID-19 outbreak. The...April 3, 2020
Ulta Beauty to suspend new hires, reduce store openings amid COVID-19
US-based beauty retailer Ulta Beauty will reduce expense plans, suspend new hires and defer pay increases for...April 3, 2020
Walgreens Boots Alliances sales grow 3.7% in second quarter fiscal 2020
Walgreens Boots Alliance (WBA) reported sales growth of 3.7% year-over-year to $35.8bn for its fiscal 2020 second-quarter...April 2, 2020
Half of Chinese consumers optimistic about economic recovery
Some 50% of Chinese consumers say they are optimistic that the economy may recover two to three...April 2, 2020
Galeria Karstadt Kaufhof applies for creditor protection due to COVID-19 impact
German department store Galeria Karstadt Kaufhof has applied for creditor protection due to the COVID-19 outbreak. The...April 2, 2020
Zalando offers retailers online platform amid store closures
Online retailer Zalando is offering its Connected Retail program to German- and Netherlands-based physical retailers to maintain...April 2, 2020
Lotte Duty Free opens Smart Store
Lotte Duty Free opened a digitally driven Smart Store in the Star Avenue corner of its Myeongdong...April 2, 2020
The Perfume Shop suspends online deliveries
UK-based fragrance retailer The Perfume Shop (AS Watson Group) has suspended online deliveries as of April 1...April 1, 2020
Hong Kong retail sales drop 31.8% in first two months of 2020
Hong Kong’s total retail sales plunged 44% to $22.7bn in February compared with the same month last...April 1, 2020
Sephora Americas to lay off some part-time and seasonal employees amid COVID-19
Sephora’s US locations will be laying off some of its part-time and seasonal store employees due to...April 1, 2020
Ulta Beauty increases distribution center wages
US-based beauty retailer Ulta Beauty will pay its distribution center workers a $2-per-hour wage premium, in recognition...March 31, 2020
Macy’s to furlough most of its workforce
US-based department store Macy’s is to furlough most of its workforce this week, as the COVID-19 pandemic...March 30, 2020