Industry Headlines: February 28, 2013
- Fashion’s Night Out on Hiatus in U.S.: FNO hasn’t been as valuable for designers and retailers as hoped, but it’s sad to see it go. (Women’s Wear Daily)
- Westfield to Boost Overseas Investments on Retail Growth: The developer is looking for new markets in Western Europe. (Bloomberg)
- Mobile Showrooming Leads To In-Store Sales: It also leads to online sales, unfortunately, but it’s not a lost cause. (MediaPost)
- Tourists splurge £4.5bn in UK shops: Britain tops France and Italy for retail tourism. (The Guardian)
- Payroll Tax Whacks Spending: Retailers are tweaking their forecasts in the wake of the recently restored federal payroll tax. (Wall Street Journal)
- Commercial rents in the Emirates set to rise amid retail boom: That boom is kickstarting recovery after five years of difficult times. (The National)
- Malls’ New Spin on Leisure: A deeper look at the upcoming IntoOutdoors retail scheme. (Wall Street Journal)
- Illegal Israeli Workers at Mall Kiosks Atttract Scrutiny of Law Enforcement: A fascinating look at the strange underground of US shopping center kiosks. (Forward)
- Mall Riot No Surprise, Scientists Explain Shopping And Looting Parallels: The two have quite a lot in common, surprisingly. (The Inquisitr)