Andrea Felsted

This year, I’ve taken my holidays in Whitstable, Kent, where I live. I’ve swum in the unusually warm sea, and dined out locally using the money saved on an exorbitantly priced overseas vacation. I’m so tanned, people have asked if I’ve been to Spain or Greece. With temperatures rising, and the biggest fire season in European history, I may soon have more company in opting for a staycation.

When Target Corp. named long-serving executive Michael Fiddelke to succeed Brian Cornell as chief executive officer a year ago, he had two tasks.

Discover how climate change is shifting holiday destinations towards staycations and coolcations, making northern regions more appealing. Read more at straitstimes. Read more at straitstimes.

You might not know it from looking at the cost of everything from burritos to berries, but the US is on the cusp of a supermarket price war.

YOU might not know it from looking at the cost of everything from burritos to berries, but the United States is on the cusp of a supermarket price war.

You might not know it from looking at the cost of everything from burritos to berries, but the U.S. is on the cusp of a supermarket price war.

For an idea of why cheap fashion giant Shein is worth a quarter of what it was in 2022, a trip to Liverpool tells part of the story.

A year ago, shoppers in Shanghai visiting The Louis, a massive Louis Vuitton emporium shaped like an ocean liner, were stocking up on pricey luggage, raising hopes that China’s luxury market was finally rebounding.

With Chinese shoppers turning away from high-end purchases, maisons like Louis Vuitton and Burberry are eyeing the US. They are counting on the famous ‘wealth effect' of enlarged stock portfolios. But what happens if America's AI bubble bursts and sends that dynamic into reverse?

There’s a new luxury retailer on the block.