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Friday, January 14

Financial

Omicron Hits Retail Sales Reports, Threatening Sales and Profits

Lululemon was among the brands to warn that the winter resurgence of COVID-19 was weighing on business.

Retail

Retailers Battling Rising Freight Costs, Delivery Delays - When Will They End?

Retailers are coping with rising freight costs by raising consumer prices and don't know when the inflation will cease.

Retail

NRF Convention Goes In-person Again With Signs of Retail Health

NRF's CEO Matt Shay says supply chain issues won't fully resolve until after this year and believes this Friday's government report on December retail sales will be very positive.

Retail

Adobe's Final Holiday Tally Shows Leaps in Online Spending, Inflation

Apparel prices increased 16.6 percent in December 2021 from December 2020, and 0.6 percent from last November to December, according to the Adobe Price Index.

Financial

Apparel Prices Regain Ground as Inflation Spikes Online

The traditional cycle of seasonal price promotions has been disrupted by COVID-19 and the move to e-commerce.

Financial

Fast Retailing Posts 33% Growth in First-quarter Net Profit

The Uniqlo parent also saw its sales grow compared with the same period a year earlier.

Financial

Urban Outfitters Feels Effects of Omicron

But investors were satisfied with a strong holiday season.

Retail

20 Million in China Lockdown Casts Shadow Over Lunar New Year

A third Chinese city was put on lockdown, confining 20 million people to their homes.

Retail

'The Batman' Pop-up and Windows to Swoop Into Saks Fifth Avenue in Gotham City

"The Batman" fashion, accessories, beauty products, toys, costumes and collectibles will begin rolling out later this month to retailers.