The Gap brand intends to close hundreds of stores due to falling sales
American retailer the Gap Inc. plans to liquidate several hundred flagship brand stores due to a significant drop in sales.
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World news
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Hundreds of Amazon workers to hold protests on across Black Friday
This comes after the GMB discovered in June, after making numerous Freedom of Information requests, that ambulances were called out 600 times to 14 different Amazon sites over the last three years, including 115 times...
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MAPIC Awards 2018: The Best Retailers & Shoppimg Malls in the World
On November 14-16, the retail and development main European exhibition — MAPIC-2018 — held in French Cannes.
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Retail Trends for 2019: from Voice Commerce to Automation and Robotics
DataArt, a global technology consultancy, predicts that retailers in 2019 will continue to concentrate efforts around digital transformation.
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How the world’s first format City Store IKEA looks like. The same City Store will open in Ukraine (photo-review)
Next year, it is planned to open the first in Ukraine the Swedish furniture giant IKEA store in the metropolitan SEC Ocean Mall. It will occupy 6000 sq. m and will be presented in the new format City Store. So how the...
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O2’s 210,000sq ft Icon Outlet opens its doors
The Icon Outlet in London’s O2 complex has opened its doors to 30 stores today bringing a retail offering to the location for the first time.
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Major rival Walmart and Amazon went bankrupt in the US
The American retailer Sears Holdings Corp., the American retail market leader for many decades, failed to adapt to changes in the industry, and declared himself bankrupt.
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JLL: E-commerce retailers plan 850 stores during next five years
Digitally native brands will fuel the next wave of store expansion.
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One of the largest shopping center in Finland opened in Helsinki
The investment in the REDI Mall amounted to more than $1.1 billion.
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Tesco two ex-top-managers were accused of overstating profits
The British retailer Tesco two former top-managers were brought to court on charges in the fraud and the financial statements’ falsification in order to inflate the company’s profits.
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Aldi will open 130 new stores in the UK
One of the largest German retailers Aldi has confirmed that over the next two years, it will open 130 new stores in England, creating 5,000 workplaces.
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Amazon will develop a new format offline stores
Amazon is opening a new store — but this one isn’t a bookstore, an Amazon Go location, or part of the company’s Whole Foods Market fleet.
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