Deloitte: Back-to-school spending will be at highest level in yearsThe retail industry is set for its biggest back-to-school shopping season in recent years as parents and students look forward to returning to classrooms after more than a year of virtual learning. Visa: Spending momentum continues but uneven across U.S.; strongest in WestConsumer spending remained solid in June, with a majority of consumers spending more than they one year ago. CGP forecasts ‘phenomenal’ increase in back-to-school sales Retailers can expect “warp-speed” growth in back-to-school sales this year. Mastercard: Retail sales in June up 11% year-over-year and 10.4% over 2019 U.S. retail sales continue to heat up, with June marking the ninth consecutive month of total retail sales growth. Authentic Brands, co-owner of Brooks Brothers, Forever 21 and others, to go public Authentic Brands Group, which has amassed an extensive retail portfolio by acquiring struggling brands, has filed for an initial public offering. Glossier in new funding round, targets online and physical store growth Glossier Inc. is doubling down on its direct-to-consumer model as it prepares to reenter — and expand in — brick-and-mortar retail. John Lewis to build rental homes — some fully furnished with retailer’s goods John Lewis is tapping into its property portfolio to expand in the housing market. BigCommerce extends European presence A leading U.S.-based e-commerce platform is growing from the U.K. into continental Europe. Retail sales growing ‘far faster’ than expected, says NRF chief economist The retail industry is seeing not only unprecedented growth from months of pent-up demand as the economy reopens, but momentum as well. Dressbarn, Pier 1 owner buys U.K. luxury brand Retail Ecommerce Ventures is adding another brand to its growing portfolio. First Previous 187 188 189 190 191 Next Last
