Clothing, accessories to make up more than half of US back-to-school sales
After apparel and accessories, school supplies are set to account for the second largest chunk of spending at 22%, followed by electronic gadgets (13%) and computers and hardware…
England’s quarantine U-turn still excludes highest spenders says Walpole
“The British luxury sector calls for further changes to travel quarantine rules so that it can return to growth and support ‘Brand Britain’ across the globe,” said luxury…
One in three Britons addicted to ‘one-click’ buying – report
This ‘addiction’ is hurting the UK high street and could potentially result in 100,000 retail stores lying empty in the next decade, according to Fintech company iZettle, which…
Retail stocks set to bypass tariff woes but face aftershock risk
The current U.S. tariffs on $200 billion worth of Chinese imports were scheduled to increase to 25 percent from 10 percent if a trade deal were not reached…
Next boss warns on supply chain issues, calls for immigration policy change
Britain is already facing disruption caused by worker shortages. A dearth of truck drivers in the world’s fifth-largest economy is already threatening fuel supplies and has led to…
UK retail ‘recovers’ in May, fashion stronger but inflation erodes gains – official stats
It seems that the good weather and the royal wedding really did boost retail sales and the figures were reasonably good for the fashion sector, although it’s clear…
US retail holiday sales to exceed $1.10 trillion in 2018
Retail holiday sales are expected to increase between 5 and 5.6% compared to the holiday period in 2017, totaling $1.10 trillion from November 2018 to January 2019. Furthermore, e-commerce…