The owner of Hotter Shoes is gearing up for a transformational year as it changes its name, relists on a new exchange and moves into new categories such as clothing, as well as adding third-party brands.
Retailers' longer return policies, launched during the pandemic to lure consumers, could leave them facing higher costs if shoppers bring back a record-setting $112bn in gifts bought during the long holiday season.
In the month before the Omicron variant emerged, UK retail sales continued to advance with fashion sales proving strong, the country's statistics agency said on Friday. But it's unclear how December will play out.
The challenges facing retailers at all price levels came into sharp relief Thursday. Shortly after Boohoo shocked us with a profit warning, luxury store Harrods announced the early launch of its winter clearance sale.