Category : Retail


TikTok Shop's UK Black Friday sales smash records

TikTok Shop recorded its biggest UK sales day on Black Friday, with 27 items sold every second. Over 200,000 small businesses and major brands like M&S are now using the platform, revolutionising social commerce.

Saks Faces Bankruptcy Over Mounting Debt Crisis

Iconic luxury retailer Saks, owner of Saks Fifth Avenue and Neiman Marcus, scrambles for cash as a major debt payment deadline approaches. Read the full analysis of its financial crisis.

Saks may file for bankruptcy despite billions raised

Luxury retail giant Saks Global Enterprises, owner of Saks Fifth Avenue and Neiman Marcus, is reportedly considering Chapter 11 bankruptcy as a $100m payment deadline looms. Discover the details of the high-stakes financial crisis.

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