All International articles – Page 40
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NewsMacy’s to shut 125 stores and axe 2,000 jobs
Macy’s is to close 125 stores and axe thousands of head office roles over the next three years as part of a $1.5bn (£1.15bn) cost-cutting drive.
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GalleryStore gallery: Snowfall and same-day delivery at new Canada Goose store
Outerwear and accessories retailer Canada Goose has brought the Arctic to Toronto with its latest inventory-free store concept.
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AnalysisAnalysis: What impact will coronavirus have on global fashion retail?
What began in early January as a pneumonia outbreak in the central Chinese city of Wuhan has since been declared a worldwide health emergency. Retail Week looks at what effect the outbreak will have on retail supply chains in the region and tourism.
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AnalysisProfile: Helena Helmersson – the most powerful woman in retail
As H&M posted its full-year results today, it was revealed that veteran chair Stefan Persson is stepping down after 20 years in the role to be succeeded by his son Karl-Johan Persson.
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NewsNordstrom launches second-hand clothing range in flagship store
US department store group Nordstrom is to sell used clothes in its New York flagship store and online to tap into consumer demand for second-hand goods as shopping habits change.
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NewsMike Ashley’s Frasers Group cleared over Belgian tax question
Frasers Group, the renamed Sports Direct business controlled by Mike Ashley, has correctly paid tax in Belgium that had been questioned by the authorities there.
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NewsHamleys hires former Debenhams exec as new boss
Hamleys has appointed former Debenhams and The Body Shop executive David Smith as its new chief executive.
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NewsIntu sells Spanish shopping centre as it battles to balance books
Intu has completed the latest in a string of asset disposals, selling another Spanish shopping centre as it looks to turn around flagging fortunes and fix its balance sheet in the UK.
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AnalysisIs mega mall American Dream a vision of retail’s future or a $5bn nightmare?
Retail Week visited the new American Dream mall in New Jersey and marvelled at the scale and scope of the experiences on offer. But can the gargantuan centre buck the downward trend of shopping centres around the world?
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NewsThe Entertainer set to open in India with Reliance Retail partnership
The Entertainer has partnered with Indian retail giant Reliance Retail as part of its strategy to “tap into the booming Indian market”.
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NewsHMV owner expands store estate with US acquisition
HMV and Sunrise Records owner Doug Putman has acquired US retailer For Your Entertainment.
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NewsMothercare chief executive steps down in wider board reshuffle
Mothercare’s chief executive has stepped down from his role among a raft of other senior changes as the embattled retailer continues its international franchise push.
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NewsHotel Chocolat blames supply chain for ‘moderate’ Christmas cost increase
While Hotel Chocolat reported increased sales in the second half of last year, it flagged that inefficiencies with its supply chain during the festive period saw its costs increase “moderately”.
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NewsAsos sales jump as Beighton hails ‘encouraging start to the year’
Asos has reported sales increases in all of its markets, which led boss Nick Beighton to hail an “encouraging start to the year” for the pureplay retailer.
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NewsDixons Carphone posts flat Christmas sales as mobile hits top line
Dixons Carphone has hailed “strong” sales during the peak Christmas and Black Friday trading period, despite the turbulent mobile phone market continuing to drag on performance.
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NewsSignet Jewelers UK sales fall due to ‘difficult operating environment’
Ernest Jones and H Samuel owner Signet Jewelers sales fell during the golden quarter due to the tough trading environment in the UK.
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NewsGoogle acquires retail tech start-up in multimillion-pound deal
Google has acquired a tech start-up that helps local retailers share product inventory online to help consumers discover smaller, local stores on a much bigger scale.
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NewsAmazon boss Bezos pledges to invest $1bn in India
Amazon founder and chief executive Jeff Bezos has unveiled plans to invest $1bn (£770m) in the Indian ecommerce sector.
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AnalysisView from NRF Big Show: Start-ups carry the torch for innovation
Many of the largest technology companies in the world have been on display at the NRF Big Show this week – but might doesn’t always make for right. Retail Week looks at some of the most interesting tech start-ups
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AnalysisView from NRF Big Show: Vertical farming, retail robotics and frictionless stores
Close to 1,000 retail tech companies from all over the world descended on the NRF Big Show in New York this week, showcasing innovations in every aspect in retail. Here is Retail Week’s round-up of just a few pieces of technology that could make an impact.