Eighty thousand stores are expected to close in the U.S. By 2026, the retail market will lose about 9 percent of all retail stores.
Fashion brand Scotch & Soda updated its corporate identity and announced an expansion Amsterdam-based brand Scotch & Soda has updated its corporate identity and announced plans to open 15 stores and showrooms in the next six months.
LG is stopping the production of smartphones Smartphone production will stop entirely after July 31, 2021.
Amazon will start electronics and household goods discounter stores Online-retailer plans to sell it's in such outlets with significant discounts.
Walmart, H&M, and IKEA will suffer losses caused by the blockage of the Suez Canal Many retailers from around the world have reported problems resulting from the Suez Canal blockage.
H&M reports a more than 20% drop in sales Due to lockdowns in various countries, more than 1,800 stores of the Swedish retailer were closed during the winter months.
Amazon opens a 4-star store in the American Dream megamall The store features merchandise rated four stars or more by shoppers.
Former Macy’s department store turned into a school Vermont high school students have returned to full-time education in a completely unexpected new location.
Google Maps will help you not to get lost inside a mall Some new features introduced by the application include the ability to navigate on the map inside large shopping malls.
Thailand will spend $32 million in 2021 for the renovation of department stores A Thai department store operator plans to renovate some of its retail properties as the country's pandemic wanes.
Berlin authorities banned shopping without a Covid test The authorities in the German capital tightened quarantine measures against the background of the problematic epidemiological situation.
Bridgestone will open nearly 60 new stores in 2021 The new store openings, occurring as part of a continued growth strategy, will provide new jobs and strengthen its position.