Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
black-friday
News & Analysis
Online Retailers Navigate the Cyber Monday Conundrum
Brands don’t want you to wait until after Thanksgiving to start buying. They want you to spend now. In fact, they may be counting on it.
Online Retailers Navigate the Cyber Monday Conundrum
Brands don’t want you to wait until after Thanksgiving to start buying. They want you to spend now. In fact, they may be counting on it.
News & Analysis
Retailers’ Holiday Strategy Doesn’t Have to Be “Discount Everything”
"Retailers should know that there are alternatives to engaging in price-to-price combat."
Retailers’ Holiday Strategy Doesn’t Have to Be “Discount Everything”
"Retailers should know that there are alternatives to engaging in price-to-price combat."
Retail
Thanksgiving, Black Friday Sales Up 9 Percent
E-commerce sales rose 10.8 percent for the two-day period, while sales at physical stores grew 8.6 percent.
Thanksgiving, Black Friday Sales Up 9 Percent
E-commerce sales rose 10.8 percent for the two-day period, while sales at physical stores grew 8.6 percent.
News & Analysis
This Black Friday, Americans Broke Retail Records — Without Leaving Their Sofas
"This year, Black Friday 'became the first day in retail history to drive over one billion dollars in mobile revenue at $1.2 billion.'”
This Black Friday, Americans Broke Retail Records — Without Leaving Their Sofas
"This year, Black Friday 'became the first day in retail history to drive over one billion dollars in mobile revenue at $1.2 billion.'”
News & Analysis
Black Friday Still on Rise in Brazil, No Thanksgiving Required
Retailers in the South American nation adopted the concept a few years ago of a day filled with attention-getting discounts to start off the holiday season.
Black Friday Still on Rise in Brazil, No Thanksgiving Required
Retailers in the South American nation adopted the concept a few years ago of a day filled with attention-getting discounts to start off the holiday season.
Retail
Black Friday’s Slow Death Drags On as Shoppers Migrate Online
E-commerce orders surged on Thanksgiving, the day before Black Friday, eliminating the need for shoppers to wait in long lines and fight for deals at physical shops.
Black Friday’s Slow Death Drags On as Shoppers Migrate Online
E-commerce orders surged on Thanksgiving, the day before Black Friday, eliminating the need for shoppers to wait in long lines and fight for deals at physical shops.
News & Analysis
Macy’s Website Suffers Disruptions During Critical Shopping Day
The Macy’s Inc. website suffered service disruptions on Black Friday, dealing a setback to a company trying to persuade shoppers — and investors — that it can handle e-commerce.
Macy’s Website Suffers Disruptions During Critical Shopping Day
The Macy’s Inc. website suffered service disruptions on Black Friday, dealing a setback to a company trying to persuade shoppers — and investors — that it can handle e-commerce.
Retail
Holiday Price War Intensifies as Wal-Mart, Target Pursue Amazon
As Black Friday ushers in the year-end shopping rush, chains are touting larger price cuts than in 2015 — a gamble that maintaining market share is worth squeezing margins.
Holiday Price War Intensifies as Wal-Mart, Target Pursue Amazon
As Black Friday ushers in the year-end shopping rush, chains are touting larger price cuts than in 2015 — a gamble that maintaining market share is worth squeezing margins.
News & Analysis
Black Friday Isn’t the Shopping Bonanza It Used To Be
"Though Black Friday is still vital to retailers for marketing purposes, it’s role in actual holiday sales is shrinking."
Black Friday Isn’t the Shopping Bonanza It Used To Be
"Though Black Friday is still vital to retailers for marketing purposes, it’s role in actual holiday sales is shrinking."
News & Analysis
Britons Turn Backs on Black Friday as Hush Falls on Shops
Major retailers such as Wal-Mart Stores Inc.’s Asda and Next Plc are steering clear of the event completely.
Britons Turn Backs on Black Friday as Hush Falls on Shops
Major retailers such as Wal-Mart Stores Inc.’s Asda and Next Plc are steering clear of the event completely.
News & Analysis
Amazon Delivery Pilots Ordered to End Strike for Retail Peak
The pilots are returning to work in time for the online shopping peak between Thanksgiving and the following Monday.
Amazon Delivery Pilots Ordered to End Strike for Retail Peak
The pilots are returning to work in time for the online shopping peak between Thanksgiving and the following Monday.
News & Analysis
Wal-Mart Kicks off Cyber Monday on Friday
The firm's preliminary holiday shopping forecast is for online sales to rise as much as 19 percent to $81 billion.
Wal-Mart Kicks off Cyber Monday on Friday
The firm's preliminary holiday shopping forecast is for online sales to rise as much as 19 percent to $81 billion.
The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.