Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.
Category: Shopping and Retail
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Holiday Sales Growth Expected to Normalize to Prepandemic Levels
Despite shoppers’ election-year concerns and worries about the economy, retail executives predict sales to increase as much as 3.5 percent over last year’s holiday season.
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Walgreens Says It Will Close 1,200 Stores
The pharmacy giant said it would close the stores over the next three years and plans to “redeploy” the majority of the workers at the closed stores.
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Attention Kmart Shoppers: It’s Closing Time
As the last full-size Kmart in the continental United States prepares to close, shoppers reminisced about the store that once sold everything, everywhere.
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How Does Emily Weiss, Glossier’s Founder, Define Success?
Emily Weiss, whose company just turned 10, bases her definition on relationships. Plus, jewelry shopping from coast to coast and Wet Seal’s gilded age.
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Is a $910 Fleece Actually Worth It?
Camping’s favorite material gets a luxury overhaul.
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Spirit Halloween Will Experiment With Spirit Christmas
Known for its pop-up stores — and its army of seasonal workers — Spirit Halloween will try its hand at a longer run and a bigger holiday.
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How E-Commerce Is Making China’s Deflation Worse
The push by Pinduoduo to lower prices has helped it become one of China’s fastest-growing e-commerce apps, and epitomizes a broader force plaguing the economy.
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Paris Hilton Expands Her Walmart Offerings With a New Handbag Line
A new line of handbags expands the offerings of her brand at the big-box chain. Plus, rare Birkenstocks and a pink suit you may have seen.
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The Sill Closes Its last Retail Store, Going Fully Online
A trendy company that embraced the plant craze of a decade ago has evolved to fill the needs of a changing demographic.
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Apparel Resale Growth Drives Increased Vintage and Thrift Store Presence
Last year, apparel resale in the United States grew seven times the rate of the broader retail industry. Independent resellers and corporate giants are getting creative to meet the demand.
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Issa Rae’s Jewelry Line Melds With Her Middle-Child Style
The actress prefers attire with “symmetry” and avoids flashy clothes. Plus: vintage Ralph Lauren and the sudden end of a cult brand.