Japan’s Mitsukoshi Ltd. on Thursday closed its flagship store in Paris after 39 years of operation because it wasn’t getting enough Japanese visitors.
Japanese visitors in Paris are now be…
Japan’s Mitsukoshi Ltd. on Thursday closed its flagship store in Paris after 39 years of operation because it wasn’t getting enough Japanese visitors.
Japanese visitors in Paris are now be…
US-based warehouse club operator Costco is investing AUD 40million (USD38.7m) in its Australian business this year. The investment comes on top of last year’s AUD100 million (USD96.8m) capital e…
The Thai architecture firm Concept i Co Ltd is eyeing prospective growth in the retail property sector of economic powerhouse China, where more than 1,700 new shopping malls are planned for the next d…
Australia’s CFS Retail Property Trust sealed the AUD498 million (USD477.21 million) purchase of a portfolio of Direct Factory Outlets from the Austexx group on Friday.
CFS Retail said it would f…
Australia’s discount department store Kmart is increasingly bypassing domestic wholesalers for imported merchandise. It is instead moving to a more efficient direct-sourcing model that allows it…
India will continue to be the central sourcing hub for Marks & Spencer, in spite of being plagued by labour troubles of late.
Recently, there were reports that a Gurgaon-based factory, Viva Globa…
Australian upmarket retailer David Jones, Australia’s second largest department store chain, met forecasts for a record 2010 profit and stood by its outlook for 2011 on firm sales prospects and …
Wal-Mart Stores Inc. is experimenting with allowing customers to buy merchandise online and have it delivered free to urban FedEx Corp. locations, a bid to boost sales in big US cities where the retai…
The Government of Singapore Investment Corp.’s (GIC) real estate arm warned on Thursday about a looming oversupply of luxury hotels and malls in India, although it remained bullish about the cou…
Debenhams expects profits to rise strongly this year after a product mix shift lifted margins.
The retailer reported the profits will rise about 20 percent year on year, or 35 compared to two years ag…