Articles tagged “retail”

The Travel Agents Rethinking the Brick and Mortar Retail Experience

The Travel Agents Rethinking the Brick and Mortar Retail Experience

Laura Powell, Skift

There are vastly fewer retail travel outlets now than two decades ago, but a few creative agents are rethinking how to buy and sell travel in the real world.

1 week ago

Travel Megatrends 2017: The New Luxury Is Defined by Small Brands and Big Stories

Travel Megatrends 2017: The New Luxury Is Defined by Small Brands and Big Stories

M. Paul Munford, Skift

The new standards of modern luxury are consumer-led rather than brand-driven, and they are steering the direction of high-end hospitality and travel.

3 months ago

Bethlehem Tourist Souvenir Vendors Push Local Products to Fend Off Knockoffs

Bethlehem Tourist Souvenir Vendors Push Local Products to Fend Off Knockoffs

Isma'Il Kushkush, Associated Press

It turns out that "local" is a trend in Bethlehem as vendors there are trying to stave off an influx of Chinese products for Christian tourists over the Christmas holiday. Tourists seeking to support a destination should probably buy the home-grown stuff.

4 months ago

Paris Hopes Luxury Retail Will Revive Tourism After a Tough 2016

Paris Hopes Luxury Retail Will Revive Tourism After a Tough 2016

Joelle Diderich, Bloomberg

Paris went through a lot this year and its inbound tourism suffered. Now the city turns to an old favorite, luxury retail, to revive high-spending visitation.

5 months ago

Tourists See England as One Big Sale Sign Right Now

Tourists See England as One Big Sale Sign Right Now

Danica Kirka and Paul Traynor, Associated Press

Until UK retailers adjust prices, the country will attract visitors happy to spend as much or more than in the past, yet walk away with so much more.

6 months ago

Chinese Travelers’ Overseas Spending Data Doesn’t Add up in the U.S., EU and Japan

Chinese Travelers’ Overseas Spending Data Doesn’t Add up in the U.S., EU and Japan

Kevin Hamlin, Bloomberg

Many Chinese travelers take overseas trips to buy goods and avoid taxes but it looks like that's having adverse effects on the global economy.

7 months ago

Lack of Traveler Spending and Strong Dollar Hurts Retailer Abercrombie in Q2

Lack of Traveler Spending and Strong Dollar Hurts Retailer Abercrombie in Q2

Kevin Orland, Bloomberg

If you think that any travel slump in the U.S. because of the strong dollar would just impact airlines, hotels and car rentals than guess again because clothing retailer Abercrombie & Fitch pins its second quarter weakness on lack of traveler spending and the strength of the U.S. dollar.

8 months ago

Japan Has a Word to Describe the Effects of Chinese Tourists’ ‘Explosive Shopping’

Japan Has a Word to Describe the Effects of Chinese Tourists’ ‘Explosive Shopping’

Keiko Ujikane and Cory Baird, Bloomberg

The diversification of Chinese tourists' shopping interests is good news for Japan. But as European tourism officials will tell you, they shouldn't be surprised if shopping habits change.

8 months ago

Chinese Tourists See Brexit Vote and Pound Decline as One Big ‘Sale’ Sign

Chinese Tourists See Brexit Vote and Pound Decline as One Big ‘Sale’ Sign

Rachel Chang, Andrew Roberts and Sam Chambers, Bloomberg

While we don't have Burberry on our shopping list, we look forward to feeling less squeezed this summer when we visit London. It's a feeling that most visitors have practically forgotten.

10 months ago

A Lull in Tourism is Expected to Hurt the Luxury Goods Market

A Lull in Tourism is Expected to Hurt the Luxury Goods Market

Associated Press

A slowdown in tourism doesn't just harm the travel industry. As the habits of shopping travelers from China to Brazil and beyond change, so will the expectations of retail brands in major tourism markets.

11 months ago

European Airports Are Retooling Shopping at Terminals to Raise Revenue

European Airports Are Retooling Shopping at Terminals to Raise Revenue

Victoria Bryan and Sarah Young, Reuters

Whether or not people flock to the shops, redesigned terminals are rarely a bad thing. Unless, of course, you're forced to slalom through display stands to get to your gate on time.

12 months ago

Southern Europe Just May Save Airport Duty Free Sales This Year

Southern Europe Just May Save Airport Duty Free Sales This Year

Corinne Gretler, Bloomberg

Although Dufry certainly wouldn't explain it this way, duty free sales are a benchmark for what people will spend on goods when they're feeling positive — otherwise they definitely wouldn't be buying perfume, chocolates, cigarettes, and liquor.

12 months ago