All USA articles – Page 7
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Gallery
Store gallery: British heritage brand Belstaff launches New York hub
Belstaff, a British retailer that specialises in quality craftsmanship, has opened its first standalone New York City store.
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Gallery
Store gallery: Amazon opens first supermarket in Los Angeles
Amazon has opened the doors of its first Fresh supermarket in the latest push by the tech giant into food retail.
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News
Walmart and Microsoft join forces on TikTok bid
Walmart has joined forces with Microsoft to launch a multibillion-dollar bid for TikTok’s US business.
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News
Treasury denies chancellor is looking to ditch digital sales tax
The Treasury has denied it is considering ditching the £500m digital sales tax first introduced in March, following reports at the weekend.
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News
Rent the Runway to close all stores to focus on ecommerce
Clothing rental business Rent the Runway has decided not to reopen its five bricks-and-mortar stores in the USA due to the Covid-19 pandemic and will focus instead on ecommerce.
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Analysis
In pictures: Six trendsetting checkout-free stores from around the globe
With Amazon planning to open checkout-free Go stores in the UK, Rebecca Crook, chief growth officer at digital product and experience agency Somo, puts the spotlight on the other pioneering cashierless shops from across the world.
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News
Amazon in talks to convert JC Penney stores into fulfilment centres
Amazon is currently negotiating with JC Penney and Sears mall owner Simon Property Group to turn its abandoned department stores into Amazon distribution centres.
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Opinion
‘As Amazon plots Go stores, bricks-and-mortar retailers must up their game’
Online giant Amazon has had a good pandemic and effectively put into practice the maxim that crisis can spell opportunity, writes George MacDonald.
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News
French Connection turns to Hilco to boost liquidity
Fashion group French Connection has secured funding from investment and turnaround specialist Hilco, which will help it through the disruption caused by the coronavirus pandemic.
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Analysis
Lessons in loyalty: how retail’s seven best schemes deliver results
As Marks & Spencer relaunches Sparks this week, Retail Week reviews some of the top loyalty schemes around the world and pulls out lessons on what works in loyalty today
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News
All Saints launches CVA in bid to secure turnover-based rents
Embattled fashion brand All Saints has become the latest retailer to launch a CVA with the hopes of shifting most of its stores over to turnover-based rents.
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Opinion
Opinion: Walmart is right – head offices must be an asset, not a burden
Retailers the world over have already had to make some huge strategic calls in their short-term responses to the coronavirus crisis.
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News
Walmart presses ahead with new HQ plan despite Covid-19 crisis
Walmart is pressing ahead with plans to launch its new headquarters despite the switch to remote working sparked by the coronavirus crisis.
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News
US retailers and brands offer support to protests
Some US retail chains have sustained damage and had goods stolen amid protests against police violence against black people, but many have released statements supporting the protestors.
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Analysis
Analysis: Will Ted Baker’s new ‘growth formula’ put it back in fashion?
After enduring a torrid 2019 marred by numerous profit warnings and seismic change at management level, Ted Baker has unveiled a new strategy designed to take the business forward. Retail Week analyses whether it will be enough to return the fashion brand to its former glories
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Opinion
Opinion: JC Penney is a cautionary tale of how not to run a retailer
JC Penney has been a staple of the US retail landscape for as long as most Americans can remember.
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News
Asda sales jump during lockdown but profits dip
Asda has posted an increase in revenues during the first quarter of parent company Walmart’s financial year, driven by increased grocery sales during the coronavirus crisis.
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News
Watches of Switzerland sales rise despite ‘significant’ coronavirus impact
Watches of Switzerland has posted an increase in full-year sales despite its top line being “significantly impacted” by the coronavirus crisis.
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Analysis
Dispatch: Six of the best global innovations sparked by coronavirus
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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News
J Crew becomes first major coronavirus casualty in the US
J Crew has become the first major US retailer to file for bankruptcy protection since the coronavirus lockdown was enforced.