In 2012, Marimekko signed a partnership contract with Hong Kong-based Sidefame with the objective of opening a total of 15 Marimekko stores in China by the end of 2016. The first of these was opened in Hong Kong in May 2012 and this year ...
The Inditex Group’s net sales in FY2012 (1 February 2012 to 31 January 2013) rose by 16% from 2011, to 15.9 billion euros. Net income totaled 2.3billion euros, an increase of 22% from a year earlier. In constant currency terms, net ...
Tags: Inditex Group, FY2012, net sales
Dick's Sporting Goods, Inc. the largest U.S.-based full-line sporting goods retailer, reported sales and earnings results for the fourth quarter and full year ended February 2, 2013. Fourth Quarter Results (14 weeks compared to 13 weeks ...
City Furniture has opened its 10th Ashley Furniture HomeStore, in the Fort Lauderdale, Fla., area, to take advantage of a recovering market in Florida. City Furniture has opened a 25,000-square foot Ashley Furniture HomeStore here, its ...
Tags: City Furniture, Ashley Furniture HomeStore, recovering market
US retailer Albertsons LLC has unveiled the leadership team that plans to take the helm, following completion of a deal to acquire a number of stores from Supervalu stores. Albertsons plans to expand its store network through the ...
Tags: Albertsons LLC, leadership team, US retailer
International retailer Spar is to invest US$100m in the development of its store network in Russia. The retailer has said it will invest $30m in the reconstruction of its Moscow stores and another $70, on the opening of new stores. ...
Tags: Spar, Russia, store network
The German Value Fashion Retailer Takko Fashion still keeps on growing. In its current new opening offensive from February until April 2013 the company implements more than 50 new stores throughout Europe – about half the number in ...
Tags: Value Fashion Retailer, Takko Fashion, opening offensive
Image courtesy of infotruck.blogspot.com.au.1 Wesfarmers Limited has released its second quarter retail sales results for the period ending 31 December 2012. Managing director Richard Goyder said he was generally pleased with the sales ...
Tags: Wesfarmers, retail sales, Coles, Bunnings, Kmart
News that Flowers Food has emerged as the "stalking horse" bidder for various Hostess Brands bread brands in the US caught our attention this week. Meanwhile, an entirely different kind of horse got tongues wagging on this side of the pond ...
Tags: Flowers Food, interview, just-food
Euclid, the leading retail analytics company, announces the launch of Euclid Zero, the first zero-hardware solution for real-world shopper analytics. With a single click, Euclid Zero gives retailers, malls and other venues the ability to ...
Tags: Euclid, retail analytics, Euclid Zero, shopper analytics
With its proposed $1 billion acquisition of Akzo's North American house paint business PPG Industries, Inc. has found a use for the $900 million in cash proceeds from its soon to be completed commodity chemicals divestiture. Importantly, ...
Tags: Housing Recovery, PPG Industries, Construction, Akzo
The sixth and latest version of OpenStack software, code named Folsom is generally available today with new support for next-generation software-defined networking (SDN) baked in as a core component. OpenStack backers say Folsom continues ...
Tags: OpenStack software, Folsom, SDN, core component
In its interim report for the January-September period, published on 30 October 2012, Marimekko Corporation estimated that the Group's net sales for the whole year would grow by over 10% and operating profit would at least double compared ...
Tags: Apparel retailer, Apparel, net sales, operating profit
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
Talks between Woolworths and Australia's competition watchdog over the creation of a streamlined acquisition process have collapsed with the retailer arguing it should apply to all industry participants. A statement by the Australian ...
Tags: hardware, liquor, supermarkets, Woolworths