News
Amazon faces class action over tariff cost claims
1+ hour, 59+ min ago (432+ words) US consumers have launched a proposed class action against Amazon in federal court in Seattle, claiming the retailer unlawfully passed on tariff costs totalling hundreds of millions of dollars. The complaint was filed by two consumers from Maryland and Massachusetts…...
US consumers still spending in tough climate
3+ hour, 6+ min ago (41+ words) Retail Insight Network Unlock Free Access to Premium Content Explore exclusive retail forecasts, expert insights and in-depth analysis of the trends shaping the industry. With a free Retail Insight Network profile, you can:...
King's Speech: UK retailers call for action to protect consumers
3+ hour, 12+ min ago (671+ words) Retail leaders say UK government decisions in the coming weeks will shape food prices, household spending and business costs for the rest of the year. UK retailers have urged the government to take immediate action to reduce business costs after…...
Shein acquires Everlane in $100m deal amid debt crisis " report
1+ hour, 53+ min ago (290+ words) Chinese fashion retailer Shein is set to take over US direct-to-consumer label Everlane in a transaction worth around $100m, following board approval, Puck News reported, citing unnamed sources. The deal brings to a close a prolonged period of financial strain for…...
Burberry returns to profit as FY26 comparable sales recover
3+ day, 2+ hour ago (20+ words) Burberry Group reported improved profitability and a return to comparable sales growth for the financial year ended 28 March 2026....
Amazon cuts jobs in Selling Partner Services division " report
2+ day, 20+ hour ago (300+ words) Amazon has made further redundancies within its Selling Partner Services organisation, continuing a series of workforce reductions that have spanned multiple divisions. According to Business Insider, a company spokesperson described the latest cuts as affecting a "small number" of staff,…...
Dillard's Q1 net income rises on sales growth and litigation settlement gain
2+ day, 23+ hour ago (306+ words) Dillard's reported higher first-quarter (Q1) net income and sales for the period ended 2 May 2026, supported by growth in comparable store sales and a gain linked to a litigation settlement. The US department store chain said net income for the period rose…...
LVMH to sell Marc Jacobs to WHP Global and G-III for $850m
3+ day, 1+ hour ago (107+ words) LVMH has agreed to divest fashion label Marc Jacobs to WHP Global and apparel company G-III in a transaction valued at $850m....
Front-loaded growth masks slowing retail momentum
3+ day, 2+ hour ago (41+ words) Retail Insight Network Unlock Free Access to Premium Content Explore exclusive retail forecasts, expert insights and in-depth analysis of the trends shaping the industry. With a free Retail Insight Network profile, you can:...
Inflation and higher energy costs fail to slow US retail spending
3+ day, 3+ hour ago (493+ words) US retail sales rose in April despite inflation and higher fuel costs, supported by steady consumer spending on essentials and online retail. US retail sales continued to grow in April despite higher fuel prices, persistent inflation and weaker consumer confidence,…...