Retail news and archive

TJ Maxx to open first new store in New York City in over a decade

Off-price department store chain TJ Maxx has signed a new major long-term lease with JEMB Realty to open its first flagship store in New York City in over a decade. TJ Maxx is set to open a new 40,000 square feet flagship store on the ground and lower levels of Herald Towers. Additional details regarding the flagship store opening date have yet...

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Retail|In Pictures

In Pictures: Guess Jeans to open new 'homecoming' concept store in Los Angeles

Guess Jeans is set to open a new, two-story concept flagship store in Los Angeles as the brand celebrates its return to its Californian roots. Located at the intersection of Melrose and San Vicente in West Hollywood, the opening also marks a new chapter in Guess Jeans global retail expansion strategy. Officially opening its doors on January 31,...

Retail

Edikted to open first-ever retail store outside the US in Soho, London

American fashion brand Edikted is set to open its first-ever European store in Soho, London’s West End, as it expands overseas. The digitally native Gen Z brand recently signed with Shaftesbury Capital to open its debut store outside the United States. Edikted’s new UK flagship store, located at 52-55 Carnaby Street, measures 4,800 square feet...

Retail

Nordstrom Rack announces relocation of downtown Seattle store

Department store group Nordstrom, Inc. has shared plans to relocate its Nordstrom Rack downtown Seattle store. The Seattle-based retailer is set to move its off-price retail store to 601 Pine Street, with the new store scheduled to open sometime in spring 2027. "We're excited to welcome customers to our beautiful new downtown Seattle location,...

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Retail

Becoming entertainment: the future of fashion retail branding

We live in a time of overwhelming brand messaging, where even individuals carefully curate their own brands, and traditional communication finds it hard to cut through. This noise has awakened an exciting shift: brands are moving away from traditional advertising and embracing a new brand-entertainment hybrid that is delivering clear stand out....

Retail

Quince expands to Canada, marking its debut international push

Direct-to-consumer lifestyle brand Quince has officially launched in Canada, a significant milestone for the label, highlighting its first international market expansion. In addition to launching a dedicated Canadian website, quince.ca, where local customers can now purchase a curated selection of Quince’s best-selling apparel, accessories and...

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Business

NRF report: holiday sales grow 4.1 percent, driven by consumer spending surge

Data released by the National Retail Federation (NRF) and CNBC Retail Monitor indicates that the 2025 holiday season achieved record spending levels, aligning with the upper end of industry forecasts. Total holiday sales from November 1 through December 31 grew 4.1 percent, meeting the NRF projection of a 3.7 percent to 4.2 percent increase to...

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Retail

Why high street fashion must stop competing on convenience and start creating meaning

Luxury fashion brands have long understood that shopping is more than a transaction. They excel at blending global prestige with local nuance, creating bespoke environments that reflect local values and aesthetics. These stores feel rooted in place, with a distinctiveness of place that makes them desirable. Written by Luke Bell, strategy...

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Business|ANALYSIS

Has the post-fast fashion era already begun? Five models reinventing profitability in textiles

The wave of insolvencies sweeping through French textile retail marks the end of an economic model based primarily on volume. This is characterised by mass store closures, with nearly 3,000 mid-market shops shutting in five years, and a cumulative increase in raw material costs estimated at over 70 percent. The model also relied on customer...

Retail

US holiday spending increases 4.2 percent in the run up to Christmas

Although 2025 has been a difficult year for many retailers, one thing doesn’t appear to have changed much - consumers ‘appetite for holiday shopping. Preliminary data from Visa indicates that overall holiday retail spending grew 4.2 percent year over year across all payment types, including cash and checks. The data, taken from the global...

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Retail

Close to 9 in 10 consumers plan to shop before Christmas

With the final countdown for the 2025 holiday shopping season set to begin, this week is likely to be a real success for retailers, with nearly nine in 10 American consumers planning to shop in the two weeks leading up to Christmas, according to new data from ICSC. The organization's 2025 Super Saturday Survey, conducted online from December 10...

Retail

Free People to relocate its London flagship store

Lifestyle brand Free People is set to relocate its flagship store on Regent Street to Argyll Street, in line with its wider retail strategy for the UK. The current flagship store on Regent Street will continue operating as normal until December 24, 2025, before closing in preparation for the move. The new location will open sometime in spring...