Mark Faithfull is a London-based, global retail and real estate specialist who has focused his Forbes coverage over the past four years on new retailers and brands, consumer trends and the evolution of destinations. He also works as editor-in-chief for MAPIC in Cannes, France and
Caught At The Sharp End Of Tariffs, Shein And Temu Warn Of Price Hikes
Tariffs, sales surges, price hikes, slashed ad spend and the go-ahead for a long-awaited IPO amid trade chaos – it’s just another breathless seven days in Shein world.
DIY Giant Lowe’s Turns To Pro Market With $1.3 Billion ADG Acquisition
Home improvement giant Lowe's has agreed to acquire Artisan Design Group for $1.325 billion as it ramps up its contractor business amid a cautious DIY consumer market.
Sam’s Club To Open 15 New Stores Yearly As It Rivals Costco And BJ’s Expansion
In times of doubt, join our club, could well be the message from Walmart as it plans expansion of its Sam’s Club stores amid increasing competition with Costco and BJ's.
Prada Buys Versace From Capri Holdings In Luxury House Switch
Versace is changing hands after Capri Holdings and Prada Group agreed a $1.375 deal, which will see the luxury label join after Capri's collapsed merger with Tapestry.
First Wave Of Big Lots Stores Set To Open, With 200 Sites Back By June
Come Thursday, Big Lots will be back, as discount retail group Variety Wholesalers stays true to its promise to reopen stores fast following the company’s bankruptcy.