Chilean retail giant Cencosud has booked an increase in earnings for the third quarter of the year. Net profit in the three months to the end of September grew 20% to CLP66.9bn (US$139.4m), the company reported today (20 November). The ...
Russian retailer O'Key said today (10 July) that second-quarter sales grew by almost one-quarter, driven by increased selling space. The firm said that second-quarter sales rose by 23.5% to RUB27.2bn (US$824.4m). Gains were propelled by ...
Tags: Retailer, O'Key, sales grew, increased selling space
Russian retailer O'Key has recorded an increase in half-year profits on the back of higher sales. Earnings in the six months to the end of June climbed 36% to RUR1.47bn (US$45.5m), the group reported today (30 August). EBITDA amounted to ...
Tags: O'Key, retailer, half-year profits, higher sales, selling space
Russian retailer O'Key has booked an increase in third-quarter sales amid a "stable" trading environment and an increase in selling space. In the three month period, like-for-like sales increased 4.5%, the retailer reported today (12 ...
Tags: Russian retailer, O'Key
Russian retailer Magnit has booked an increase in profit in the first nine months of the year, boosted by a high pace of new store openings and a focus on low prices. In the nine months to the end of September, net income soared 140.6% to ...
Associated British Foods today (10 September) revealed it had taken an impairment charge of A$150m (US$155m) on its Australian meat business as it battles "difficult" trading conditions in the market. The UK-listed group announced the ...
Tags: Australia, ABF, impairment charge, meat business
Blayne Lastman, chairman and CEO of Lastman's Bad Boy, greets customers during the grand opening event for the company's new store in Brampton, Ontario. - The new Lastman's Bad Boy store in Brampton, Ontario, is the chain's ninth location. ...
Tags: opening event, expansion plans, fixtures, carpet, flooring
Hong Kong's Pacific Place Mall is home to Burberry's largest store in Asia Pacific,a 2.000 sqm space inspired by Burberry World Live flagship on Regent Street in London.Despite a reported slow down in China and a chain of 18 stores in the ...
Burberry Group plc announces first half trading update. First half highlights Total revenue £883m, up 8% underlying Retail revenue £577m, up 10% underlying Comparable store sales growth 3% (Q1: 6%; Q2: 1%) Q2 ...
Tags: Burberry, trading update, retail revenue, wholesale revenue
Macy's Inc.announced two store projects to enhance its presence in the Las Vegas market: Macy's will build a two-level,180,000-square-foot store in the highly anticipated Shops at Summerlin,a new shopping venue in west Las Vegas being ...
Tags: Macy, store projects, Las Vegas market, full-line store, handbags, shoes
X5 Retail Group has booked a 20.6% decline in first-half profits, with declining sales and margins hitting the bottom line and currency exchange dampening comparisons. The company said today (21 August) net profit slipped to US$135.2m in ...
Tags: retailer, net sale, report, X5 Retail Group