The news that the Trump administration plans to move forward with an additional 10% tariff on $200 billion worth of Chinese goods by Sept. 24 is being heavily criticized by retailers.
After decades of being denied a physical presence in New York City by unions claiming the mega-retailer takes advantage of its workers, Walmart has finally wormed its way into the Big Apple.
Neiman Marcus Group narrowed its loss in the fourth quarter and posted its fourth consecutive quarter of sales gains amid the resurgence of the luxury market.
Brandon Famous, CBRE’s Americas leader for retailer representation, has been appointed chairman of the newly formed Global Retail Occupier Executive Committee.
Research conducted by Aberdeen Group for a study by Hawk Incentives found that reward-based promotions can outperform discount offers by driving better purchase intent and sales lift without damaging a brand’s image from discounting.