The number of convenience stores in Taiwan may top 10,000 next year, boosting their total sales to a level higher than department stores and enabling them to become the leading retailer on the island, thanks to decision of President Chain ...
Tags: Convenience Stores, Leading Retailer, Taiwan
The turnover of the Swedish chain of DIY stores Byggmax increased by 22.2% to SEK451.4m in the first quarter of 2012 vis à vis the same period last year. This increase in turnover is partially due to the opening of new stores. ...
J. C. Penney Company Inc. announced financial results for its fiscal third quarter ended October 27, 2012. For the quarter, jcpenney reported a net loss of $123 million or $0.56 per share. Excluding the net gain on the sales of non-core ...
Tags: Ron Johnson, new jcp, J.C.Penney Company Inc, store sales
The HUGO BOSS Group posted profitable growth in the first nine months of 2012. The Group's own retail operations made a particular contribution to this performance with a double-digit increase in sales. Growth was posted in all regions. ...
Tags: HUGO BOSS Group, Claus-Dietrich Lahrs, retail business
Big 5 Sporting Goods Corporation, a leading sporting goods retailer, reported financial results for the fiscal 2012 third quarter and first nine months ended September 30, 2012. For the fiscal 2012 third quarter, net sales increased to ...
Kohl's Department Stores is pleased to announce the grand opening of 12 new stores, creating approximately 1,500 jobs nationwide. The company now operates 1,146 stores in 49 states. "We are pleased to be in a position to open 12 new ...
Tags: Kohl's Department Stores, Updated check-out stations, waste management
Nike Inc. reported financial results for its fiscal 2013 first quarter ended August 31, 2012. Strong demand for Nike, Inc. brands propelled first quarter revenue to new record highs. As expected, diluted earnings per share were lower due to ...
Tags: Nike, Mark Parker, diluted earnings per share, gross margin
Is the PE backed, Indian apparel retail industry growth story falling apart or turning sour? Considering the increasing number of garment retailers who are suffering from growing debt pressures, more so those funded by Private Equity (PE) ...
Tags: PE backed, Indian apparel retail industry, apparel retailers
Italian luxury label Marni has expanded the group’s Asian retail locations, with a flagship store in Shenyang as well as new boutiques in Shanghai’s REEL shopping centre and Nanjing’s Deji Plaza. The new stores in the ...
Tags: Marni, stores, retail locations
PPR posted third-quarter 2012 revenue of €2.6 billion, up 6.6% versus the same 2011 period on a comparable basis. PPR's Luxury division posted an 11.9% leap in revenue in the third quarter of the year, driving revenue growth for the ...
Tags: revenue, strong performances, luxury and high-end market
Interbrand Releases 13th Annual Best Global Brands Report Despite the current economic landscape, all of the luxury brands in the 13th annual Best Global Brands report released by Interbrand increased their brand value. As the meaning ...
Tags: Brand, Louis Vuitton, Gucci
Falling sales in a "tough" market has profits from The Co-operative Group's food arm, the UK retailer said today (23 August). Operating from The Co-op's food business was GBP119m (US$188.8m) in the half year to 30 June, down from GBP142m ...
Tags: falling sales, "tough"market, Co-operative Group's food, Co-op's food
US food retailer Roundy's Inc has cut its full-year profits guidance after seeing weak consumer confidence lead to worse-than-expected sales in its fiscal first-half. For the 26 weeks to the end of June,Roundy's net sales rose by ...
Tags: Roundy's Inc, full-year profits, weak consumer confidence
Lower margins from gas sales have hit half-year profits at US c-store retailer Casey's General Stores. Net income fell 6.7% to US$71.9m for the six months to the end of October despite higher sales. Casey's pointed to lower margins from ...
Pan-Asian retailer Dairy Farm International Holdings has posted a rise in half-year profits, boosted by recent acquisitions and new store openings. Profit attributable to shareholders increased 8% to US$245m for the first six months of ...
Tags: Profits, Dairy Farm, International Holdings