Latest Apparel and accessories retail News
U.S. retail sales fell in December for 3rd straight month
NEW YORK (AP) — Americans cut back on spending in December for the third-straight month as a surge in virus cases kept people away from stores during the critical holiday shopping season. The U.S. Commerce Department said Friday that retail sales fell a seasonally adjusted 0.7% in December from the month...
Companies say post-Brexit rules are clogging up UK-EU trade
LONDON (AP) — Some businesses said Friday that costs and paperwork are hampering trade between Britain and the European Union as the reality of the U.K.’s post-Brexit trading relationship with the bloc takes hold. Britain left the economic embrace of the 27-nation bloc, the final stage of Brexit, at...
Holiday sales tick up as shoppers invest in their homes
NEW YORK (AP) — Retail sales increased a modest 3% during a longer holiday season this year, as homebound shoppers spent more on furnishing and food but less on clothing and jewelry, according to figures released Saturday by a firm that tracks all forms of payments. The increase fell short of predictions...
Consumers still want to get outdoors as temperatures plunge
PORTLAND, Maine (AP) — Over the summer, people looking to get out of the house snapped up boats, bicycles and patio furniture, figuring they were safer socializing and being active outdoors than inside. Now that temperatures are dropping, they’re buying snowshoes, skis, boots and winter coats,...
Pandemic crushes global supply chains, workers at both ends
In her last weeks working the freight shift at the local J.C. Penney store, Alexandra Orozco took out her phone and hit record. The 22-year-old shot a video of the giant black-and-red ’Everything Must go!” posters, and posted it on TikTok in October. “Slowing losing my job,” she wrote...
Pandemic crushes global supply chains, workers at both ends
In her last weeks working the freight shift at the local J.C. Penney store, Alexandra Orozco took out her phone and hit record. The 22-year-old shot videos as she and her co-workers slid down a metal shoot (technically meant for empty boxes) in the store room, their heads falling back laughing, and posted them on...
The holidays could make or break struggling stores
NEW YORK (AP) — Clothing stores and specialty retailers are offering big discounts and heavily promoting curbside pickup in hopes of rescuing a lackluster holiday shopping season in which surging coronavirus cases have kept many shoppers at home. For some, it could be their last chance at survival. And...
Dose Collective puts Detroit brands front and center
DETROIT (AP) — Downtown Detroit’s Dose Collective is all about building the Detroit brand. The pop-up holds 23 different brands that are either locally based or have a connection to the city. But it doesn’t feel like a pop-up shop. Dose Collective is specifically curated to have a smooth...
Mastercard SpendingPulse: November holiday sales up 5.1%
NEW YORK (AP) — Retail sales rose 5.1% in November, as spending on home furnishings and consumer electronics helped offset a drop in sales of clothing and at department stores, a widely watched industry gauge shows. Online spending, which accounted for 18% of total retail sales excluding autos, soared...
Virus keeps Black Friday crowds thin, shoppers shift online
NEW YORK (AP) — The raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a beacon of hope for struggling retailers after months of slumping sales and businesses toppling into bankruptcy. In normal times, Black Friday is...
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