retailers

Charlotte Russe Closing 95 Stores After Chapter 11 Filing
Charlotte Russe Closing 95 Stores After Chapter 11 Filing
February 04, 2019  |  Retail

Charlotte Russe, a retailer aimed toward young women’s fashion, has filed for Chapter 11 bankruptcy protection, according to reports. The retailer, which has more than...

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UK Retailers’ Holiday Sales Have Worst Performance In A Decade
UK Retailers’ Holiday Sales Have Worst Performance In A Decade
January 10, 2019  |  Europe

Retailers in the U.K. had a poor showing during the holiday shopping season; The Financial Times reported that despite steep price cuts, retail sales had their...

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How Millennials Shop For Furniture With Direct-To-Consumer Brands
How Millennials Shop For Furniture With Direct-To-Consumer Brands
December 18, 2018  |  Retail

Millennials value experiences over things, as the familiar digital age adage goes, but sometimes millennials do, in fact, need actual things, such as sofas, beds...

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Consumer Spending In UK Falls In November Despite Black Friday
Consumer Spending In UK Falls In November Despite Black Friday
December 17, 2018  |  Economy

Consumer spending in the U.K. last month took its largest fall since July as worries about Brexit weighed on consumer confidence. According to a report...

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Barclays Upgrades Mobile Banking App To Control Spending
Barclays Upgrades Mobile Banking App To Control Spending
December 11, 2018  |  Consumer Finance

Barclays, the U.K. bank, announced Tuesday (Dec. 11) that customers of its mobile banking app now have the power to prevent spending at certain retailers....

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Amazon Hit With Antitrust Complaint In Austria
Amazon Hit With Antitrust Complaint In Austria
December 10, 2018  |  ANTITRUST

Amazon, the country’s largest eCommerce player, has seen retailers in Austria file a complaint with their country’s competition authority over the company’s roles as both a...

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Five at Five: Brookstone Ends Era With Bankruptcy
Five at Five: Brookstone Ends Era With Bankruptcy
August 02, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes a bankruptcy filing by Brookstone,...

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The End Of An Era: Brookstone Files For Bankruptcy Protection
The End Of An Era: Brookstone Files For Bankruptcy Protection
August 02, 2018  |  Retail

Brookstone, the specialty retailer known for massage chairs and gadgets, filed for bankruptcy protection, reported the Wall Street Journal. According to the report, Brookstone said,...

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UK Court Sends Retailer/Credit Card Fee Fight To Competition Tribunal
UK Court Sends Retailer/Credit Card Fee Fight To Competition Tribunal
July 05, 2018  |  Legal

The U.K.’s Court of Appeal ruled Wednesday (July 4) that a fight between U.K. retailers and credit card companies over fees has to be reexamined...

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