The strategic move by Frasers Group, a UK-based retail giant, is expected to further consolidate its position in the sporting goods market, where XXL ASA is a prominent player in the Nordic region.

As shoppers have turned to cheaper alternatives to beat inflation, retailers from CVS to Target and Walmart have invested ...

Yum Brands, owner of the quick-serve chains, aims for a world where humans never take food orders.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...

Kohl’s Corp. is the latest retailer to back away from using diversity, equity and inclusion language amid criticism of the policies from the Trump administration. The retailer scrubbed ...

Anticipation for Grand Theft Auto VI grows as Malaysian retailer Gamers Hideout begins taking pre-orders ahead of Rockstar Games' official announcement. The retailer asks for a deposit of around $ ...

WHP Global, founded in 2019 by retail industry veteran Yehuda Shmidman in partnership with funds managed by Oaktree Capital Management, acquires global consumer brands. Guess had partnered with ...

Forever 21’s US retail operator has filed for bankruptcy after being hit by rising inflation and intense competition in the fast-fashion sector, the second time the brand has entered Chapter 11.

Once mega-popular fashion retailer Forever 21 is closing all stores nationwide after filing for bankruptcy for the second time since 2019. “While we have evaluated all options to best position ...

Spending at US retailers last month was much weaker than expected, in a troubling sign that the American shopper could be starting to tap out. Retail sales rose 0.2% in February from the prior ...

Now, it is filing for bankruptcy, again. WSJ breaks down how fast fashion—its own market—toppled the retailer. Photo: Andrey Rudakov/Bloomberg Fast-fashion retailer Forever 21 filed for its ...