LONDON — Selfridges is embracing British humor with a new concept at its The Corner Shop. The Joke Shop pokes fun at fashion cliches and is in on the laugh until March 30 in its London store. On the shop floor, customers can get in on the joke by purchasing items that feature elements of … Read more
Although high borrowing costs and tight credit conditions persisted for consumers, a strong job market and rising wages helped fuel consumer spending during the holiday shopping period in the final months of 2023. Prior to the holidays, I stated my belief that — on a non-inflation adjusted basis — retail sales would increase 3 to … Read more
Editor’s note: This is part of The Know’s series, Staff Favorites. Each week, we offer our opinions on the best that Colorado has to offer for dining, shopping, entertainment, outdoor activities and more. (We’ll also let you in on some hidden gems). I was born on St. Patrick’s Day, which is both a blessing and a … Read more
As we enter 2024, the world continues to confront financial and environmental challenges on a global and societal scale. Globally, efforts to meet the Paris Agreement’s objectives are falling behind, with the green transition’s investment levels not meeting the necessary targets. This was highlighted by the World Bank’s Senior Managing Director, at the recent EU … Read more
Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, the group said. 02:40 How mobile payments impact people’s lives in China How mobile payments impact people’s lives in China Tencent on Thursday said foreign … Read more
The domestic passenger vehicle (PV) market is estimated to grow by six to nine per cent in the current financial year over the preceding fiscal, according to ratings firm ICRA. In absolute terms, the PV industry will clock a sales figure of 4.2 million units in the current fiscal. The report said that dealer inventories … Read more
Denver-based Alterra Mountain Company revealed early-bird price increases for next year’s Ikon passes on Thursday that were less than the increases rival Vail Resorts announced Tuesday for its Epic passes. But Ikon passes still cost more than comparable Epic passes. When Ikon passes go on sale next Thursday, the early-bird cost will be $1,249, which … Read more
Treet is trying to bring resale to everyone — and now has $10 million in series A funding to make it happen. While many of the resale pioneers like The RealReal Inc. struggled through a phase that saw them getting mired down in the costly business of owning inventory, Treet started off with an asset-light … Read more
In “Help Wanted,” Adelle Waldman turns her lens from literary Brooklyn to retail work. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. … Read more
First Insight’s latest study reveals a “strategic disconnect” between retail chief executive officers and their management teams regarding AI’s use and innovations. This disconnect spotlights the need to educate and better align executive leaders. The report’s authors said the research showed that CEOs are half as likely to see AI’s predictive analytics as a top … Read more
