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One fifth of UK retail spend to be online by 2024

2020-01-23 11:13:00| Daily apparel & textile news and comment - from just-style.com

UK online spend is set to reach GBP75bn (US$98.4bn) by 2024, a new report has found, as shoppers continue to shift away from visiting physical stores and gravitate towards the convenience of digital channels.

Tags: to online retail spend


US holiday retail sales up 4.1% despite clothing slide

2020-01-17 12:23:00| Daily apparel & textile news and comment - from just-style.com

Overall sales at US retailers during the 2019 holiday period were 4.1% higher than in 2018, despite consumers continuing to cut clothing spend in the festive trading season, new figures suggest.

Tags: sales clothing holiday retail


Retail sales fall sharply in December

2020-01-17 11:22:56| BBC News | Business | UK Edition

The High Street suffers a fifth consecutive month without growth as Christmas sales fail to perk up.

Tags: december sales fall retail


Here's how the rules of fashion retail are changing

2020-01-15 18:25:00| Daily apparel & textile news and comment - from just-style.com

We are in the early stages of one the greatest changes of all times: The consumer-dominated market in the internet age. And we have no idea what is going on, writes David Birnbaum. 

Tags: rules fashion retail changing


Retail Turmoil Hits Times Square with Tenants Looking for Exit

2020-01-15 17:03:00| National Real Estate Investor

Asking rents in the area have slipped and some of its largest merchants have closed stores in recent years.

Tags: times hits square retail


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