Supermarket giant Asda is to offer shoppers an option to pay in instalments for clothing and items purchased on its website. The company is partnering with credit and payments provider JajaPay, and will require customer to apply for approval for a credit facility at the point of sale. Approved […]

Innovation 000. One doesn’t need to look further than the store’s name to learn the importance of Nike’s new flagship in the heart of New York City. With six stories spanning over 68,000 square feet, the shop located at the corner of Fifth Avenue and 52nd Street has the largest concentration of Nike […]

Sports Direct owner Mike Ashley announced the closure of half of Evans Cycles’ stores despite the advice by administrators that “almost all the stores were profitable,” according to the Telegraph. The administrators’ proposals document obtained by the UK newspaper showed that administrator PricewaterhouseCoopers […]

Westminster council has proposed a new planning policy which looks to stop large property developments from inundating Soho. The new policy would prevent companies from knocking down adjoining smaller shops to build larger ones in their place. The proposal aims to protect smaller local businesses and […]

Montreal’s McGill University has officially opened the Bensadoun School of Retail Management, named after Aldo Bensadoun, founder of footwear company Aldo Group. The school aims to act as a hub for students, researchers and practitioners to address the challenges retailers face, according to the university’s […]

Klarna is searching for eight small and medium-sized enterprises to help them grow and take their businesses to the next level with its ‘Smooothest Store’ competition. Open to businesses specialising in fashion, jewellery or lifestyle products, who are less than two years old, with an e-commerce store […]

Luxury department store Barneys has announced its 2018 holiday campaign, Make Change, in partnership with charity Save the Children. The aim of its message is that even small change can have a big impact – all starting with a coin. The campaign can be seen in the iconic New York department store's window […]

While the UK used to look on with bewilderment as Americans stumbled over themselves to grab the best Black Friday deals, the British are undoubtedly warmed up to the November shopping bonanza. Though the UK saw a slowdown in engagement with Black Friday in 2017, UK retailers are still testing the waters […]

The run-up to Christmas has to date not spurred a boost in sales, with the Office of National Statistics (ONS) reporting retail sales fell to a six-month low in October. Accord to the ONS a buoyant summer of sales has prompted a spending ease in October. While sales slid 0.5 percent compared to September […]

Bain & Company has revealed a 7 percent growth of the global luxury market in constant currencies for 2018 at the Vogue Style Festival. Personal luxury items have yielded around 280 billion Euros worth of global revenue in the year. Despite earlier shockwaves to luxury stock prices ignited by […]

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