UK store portfolios could be cut by as much as 20% as the migration to online, Brexit uncertainty and increasing consumer caution continue to bite, according to a quarterly update from KPMG/Ipsos Retail Think Tank (RTT).
Walmart said on Tuesday it will offer faster checkout at its stores and easier navigation with digital maps indicating exact locations of products, as it gears up to grab a larger share of shoppers this holiday season.
Luxury fashion brand Zimmermann has announced it will continue its retail expansion in the U.S. with the opening of two new California boutiques. Both the Pacific Palisades and San Francisco flagships opened this month.
Selfridges is aiming to shake up the designer streetwear market with the opening of a new dedicated 'menswear' room that will welcome women too and also has a free skate bowl while acting as an events space.