U.S. shoppers headed to stores over the Thanksgiving weekend fell 3.5%, the NRF said on Tuesday, as fewer holiday promotions and tight supplies took the shine off some of the biggest shopping days of the year.
Spanish fashion retail giant Inditex said Tuesday Marta Ortega, the daughter of its founder, will take over as chairwoman in April with a new CEO, as a last step of a generational handover started a decade ago.
As the online marketplace continues to build out its authentication services, it has acquired the New York-based event organizer and sneakerhead platform’s authentication business for an undisclosed sum.
U.S. retailers are estimated to generate online sales of up to $11.3 bn on Cyber Monday, a decline from a year earlier as fewer discounts and limited choices due to global supply chain disruptions deter shoppers.
It was record-breaking Black Friday trading for Shopify merchants, the global payments processing platform’s sales data shows, with apparel & accessories the top product category both globally and in the UK.
A good week-on-week gain, but still well below pre-pandemic numbers. That was Black Friday (26 November) shopper traffic numbers across the UK. Footfall was 35% higher week-on-week, but still down 23% on two years ago.
London West End footfall in the seven shopping days from 22-28 November inched up 2% week-on-week, and rose 11% over last year's Black Friday, latest figures from the New West End Company (NWEC) showed on Monday.