Not to be outdone by low-price Chinese retailers such as Shein and Temu, Amazon has launched a beta test in the United States of what it has dubbed Haul, a storefront chock full of low priced goods sold under somewhat different terms than is the case in the main...
The upcoming holiday presents challenges for retailers fighting it out through a shopping period with the fewest number of days between Thanksgiving and Christmas since 2019 and with 43% of consumers carrying more debt than they held in 2023. Data from the Salesforce...
Shopping mall foot traffic is nearing pre-pandemic levels, but not all dynamics of such activity are the same, according to a report from traffic tracker Placer.ai. In the paper “The Comeback of the Mall in 2024,” Placer.ai states that during 2023, visits...
As part of its expansion in the United States, China-based retailer Shein is opening a Seattle-area office in downtown Bellevue, WA. The office will support Shein’s U.S. fulfillment and logistic operations as the company continues to localize and support speedier...
Shein has struck a deal with Sparc Group Holding, a collaboration between JCPenney owner Simon Property and the Authentic Brands Group, in which it will acquire a one-third interest in Sparc, which itself takes a minority interest in Shein. Sparc includes a number of...
