Survey By NRF Reveals Good Sales Can Be Expected
NRF (NATIONAL RETAIL FEDERATION) SAID that people spent an average of just under $312 on holiday related purchases from Thanksgiving to Cyber Monday, down 14%...
Tag : stores
SECOND LOCKDOWN DENTS PRIMARK WITH LOSSES OF £430 MN
PRIMARK has informed that the second lockdown has brought about £430 million losses for the retailer Associated British Foods (AB Foods) said this figure was...
ONLINE IS NOT PERMANENT SAYS PRIMARK’S CHIEF
Primark’s chief executive Paul Marchant has slammed claims that COVID-19 has brought about a permanent shift to online shopping, Marchant took aim at pundits who...
DIGITAL SALES SURGE AT INDITEX
Inditex had good news on returning to profitability as it recovered from the major hit it took at the height of the pandemic-linked lockdowns. It...
Arvind Fashions to expand store network Will Open 20 New Stores
Arvind Fashions Ltd (AFL) is planning to strengthen the exclusive store network for American menswear brand Arrow in the country, by opening around 20 stores...
Abercrombie & Fitch’s second-quarter online sales surged 56%.
The apparel retailer reported a surprise profit, as it cut costs amid the e-commerce boom. Abercrombie called out a slower start to the back-to-school season...
Debenhams Says it will cut 2,500 more jobs
Struggling department store group Debenhams says it will cut 2,500 more jobs as it struggles to survive the coronavirus pandemic. This is on top of...
Pier 1 Imports Announces to Close More than Half of Its Stores
Pier 1 Imports, the specialty furniture chain once hailed as a trendy destination for young professionals, recently announced that it might close up to 450 of...