Consumers spent $1.14 trillion online globally and $257 billion in the U.S., compared to $1.1 trillion and $236 billion in 2020, setting a new record, according to Salesforce's 2021 Holiday Shopping Report.
Germany's BGA trade association warned on Wednesday of massive supply chain disruptions due to the rapid spread of the highly infectious Omicron variant, but said a long-term collapse of the supply chains was unlikely.
Wilko is to close 15 stores in 2022, it announced on Tuesday. The value-focused general merchandise retailer that also sells beauty products has reviewed its store estate as a result of a number of leases ending.
City centre retail destinations may not have actually been deserted in the latest week, but with advice to work from home still in force, footfall to those locations was down by a big percentage in the seven days.
London continued to be the shopping capital of Europe in 2021, according to a new report by BNP Paribas Real Estate, with Oxford Street, Regent Street and Covent Garden all scoring highly in terms of visitor numbers.
Global superstar Rihanna revealed on Friday location details for five upcoming Savage X Fenty store openings in 2022, as the inclusive lingerie brand looks to make its physical store debut across key U.S. cities.
U.S. department store Saks has launched its new online wellness shop, retailing products for both men and women across four main categories: fitness, health and nutrition, sexual wellness, and rest and relaxation.