China targets 60tn yuan retail sales by 2030 – report
China has approved a State Council plan targeting around 60tn yuan ($8.84tn) in total retail sales of consumer goods by …
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Bata India crosses 2,000 stores, targets 3,000 in expansion push
Footwear retailer Bata India has crossed the 2,000-store threshold and is aiming for 3,000 outlets in the coming years. Future growth …
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M&S unveils flagship store on Oxford Street, UK
UK retailer Marks & Spencer (M&S) has unveiled its Pantheon flagship store on Oxford Street, bringing the central London site …
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Shein targets up to $3bn in Hong Kong IPO, could launch by August – report
Shein is working on plans to raise between $2bn and $3bn in an initial public offering (IPO) in Hong Kong, …
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New EU rules change how retailers manage unsold stock
The European Union is changing the way retailers handle unsold products, introducing new rules aimed at reducing waste, improving sustainability …
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UK retailers prepare for new BNPL rules
UK retailers are preparing for a major change to Buy Now Pay Later (BNPL) payments as new Financial Conduct Authority …
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Morrisons and Realty Income discuss £600m property financing deal – report
Morrisons is in discussions with Realty Income over a property transaction worth around £600m ($803.6m) as the UK supermarket group …
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Tokyo Lifestyle net income slumps despite 77.6% revenue surge
Tokyo Lifestyle, the Japanese beauty and lifestyle retailer formerly known as Yoshitsu, posted a 77.6% year-on-year rise in revenue to …
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Seven & i mulls stake sale to SoftBank and PayPay – report
Seven-Eleven Japan owner Seven & i Holdings is considering issuing new shares worth several hundred billion yen to SoftBank and …
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Shein secures Chinese regulatory approval for Hong Kong IPO
Shein has obtained clearance from the China Securities Regulatory Commission to pursue a planned Hong Kong listing, marking progress in …
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Digital fatigue is driving shoppers back to stores
Physical retail is gaining a fresh opportunity as consumers become less responsive to digital marketing and increasingly seek trusted, sensory …
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Heatwave drives UK shoppers away from stores
UK retail footfall declined in May as record sunshine and a late-month heatwave changed shopping behaviour, with many consumers choosing …
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US retailers rush imports ahead of tariffs
Retailers are bringing forward shipments as businesses race to avoid potential tariff increases expected in August, pushing US container imports …
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Seven & i posts 122% jump in Q1 operating income, lifts FY26 outlook
Seven-Eleven Japan owner Seven & i Holdings has reported first-quarter (Q1) operating income of Y105bn ($649.06m), up 122.4% year-on-year (YoY) …
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lululemon to open first India store in New Delhi this year
Canadian athleticwear retailer lululemon will open its first store in India at DLF Promenade in New Delhi later this year, …
