Uniqlo, H&M and Topshop are the three hottest prospects for retail leasing agents because the fast-fashion concepts are proven traffic drivers, according to Douglas Elliman Real Estate. Last month's factory collapse in Bangladesh that raised awareness about how and where our low-priced clothing is made spurred concerned talk among consumers, but the jury's still out on whether shoppers would pay more to improve factory conditions overseas.
Medium- and low-priced foreign retailers such as H&M, Mango and Uniqlo have been gaining a foothold in the U.S. as domestic brands struggle. Next up: TopShop opens in New York next week. View the slide show.
German retailer Metro is planning to open a chain of consumer-electronics locations throughout China in a bid to compete against Best Buy. Metro's Media Markt unit is joining forces with Foxconn Technology of Taiwan to open shop in Shanghai next year, the first of possibly hundreds of stores.
When trying to expand overseas, look beyond demographic numbers when deciding which markets to enter, Matthew Cushen writes. He uses Saudi Arabia as an example. There are cultural barriers to e-commerce, such as the popularity of shopping in stores, but it might still be a good bet.
Online commerce declined for the first time in November, and e-retailers are expecting slower-than-usual sales for "Cyber Monday" today. Despite the drop, analysts say more shoppers are going online to compare deals, leading to a spike in traffic. "Online retailers have been resilient to the current economy, but they're not immune," said Ellen Davis, a spokeswoman for Shop.org