GlossaryMerchandising
What is Retail Markdown Mean?
Markdown pricing is a necessary evil for retailers. It helps them reduce the price of products to increase sales and clear out inventory. However, markdowns must…
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Articles by RETAILBOSS Team
Fashion
ASOS raises funds after £291m loss
ASOS, a prominent online fashion retailer, has recently faced significant financial challenges, with its stock becoming the UK’s worst-performing in 2022 after plummeting by 78%. The…
Retail
A New Wave of Brands Arrive in Brooklyn: HOUSE OF SHOWFIELDS
Brooklyn’s experiential concept store, HOUSE OF SHOWFIELDS, recently announced the arrival of over twenty new brands to its Williamsburg location. This exciting addition expands the store’s…
GlossaryReal Estate
What is a Brick and Mortar store?
Brick and mortar retail has been around for centuries, but it has evolved with time. The term “brick and mortar” (also sometimes used as “bricks and…
Luxury
Chanel reported revenues of $17.2 billion dollars
Chanel, the iconic French luxury fashion house, has reported a remarkable 17 percent increase in its revenue for 2022, reaching a staggering $17.22 billion. The company’s…
BeautyInsights
Ulta Beauty sales increase 12.3 percent for Q1, 2023
Ulta Beauty, a leading beauty retailer in the United States, has reported impressive first-quarter results under the leadership of CEO Dave Kimbell. The company announced a…
LuxuryRetail
Kering opens new Italian headquarters located in Milan
Kering, a renowned luxury group, has recently opened its new Italian headquarters in the bustling city of Milan. This move signifies the company’s commitment to strengthening…
LuxuryMerchandising
Becoming a Luxury Retail Buyer: Everything You Need To Know
If you have a passion for fashion and want to work in the luxury retail industry, becoming a luxury retail buyer might be the perfect career…
MarketingMerchandising
How To Sell More In Your Retail Store
In today’s competitive retail landscape, it is essential for store owners to continually find ways to increase sales and improve customer satisfaction. This article will explore…
EcommerceFashion
Shein Expands Production with Mexico Factory
The leading Chinese ultra-fast fashion company, Shein has recently announced its strategic move to commence garment production in Mexico. The Singapore-based online retailer, known for its…