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...This isn’t just a deal gone bad. The problems across the dollar store sector are a reminder that lower income Americans are suffering disproportionately post-pandemic. pan.yuk@ft.com...
...Von Preen said that as many department stores as well as independent sports retailers had closed in recent years there was now “a vacuum” in physical store sports retailing....
...Total sales for the full year rose 19.6 per cent to £1.8bn, while like-for-like sales in company-managed stores increased by 13.7 per cent compared with 2022....
...Products were rolled out to a further 387 CVS stores in the first quarter of the new financial year in the US, and Walmart put through a chunky Christmas order....
...offers free tastings on Saturdays from 2pm to 6pm Wines: From $13 to $6,000 Website; Directions Le Dû Wines was founded by the legendary sommelier Jean-Luc Le Dû, who opened the store in 2005....
...Shares in the world’s second-largest clothing retailer surged 13 per cent on Wednesday after it reported a bigger than expected rise in profitability and announced a new focus on revenue growth....
...you’re adding incremental sales to existing stores.”...
...Last month Lidl matched Aldi’s pay rise for store and warehouse workers....
...April 10-21, Poltrona Frau, Via Manzoni 30; April 15-21 at Fornasetti Store, Corso Venezia 21/A I Am a Dragon: The True Story of Alessandro Mendini Milan’s Triennale museum is reflecting on the career...
...That rise extended a rally that began last October and has lifted the stock price by nearly 33 per cent, reaching €43.13 on Wednesday....
...The figure represented a 13 per cent year-on-year decline, and research group Counterpoint said iPhone sales in the first six weeks of this year were also down 24 per cent from a year earlier....
...The Landskein has just launched its fifth collection, Orphic, with 25 new styles, and will be stocked in 20 stores this year....
...The New Yorker opened her first studio in the East Village in 1993 before expanding globally in 2016; she now has 13 stores, including a new location in Harrods, one in Le Bon Marché and a counter in Australian...
...The research found Hermès’ 13.8 per cent increase in sales, in Swiss francs, in 2023 outperformed the wider Swiss industry, which achieved a 7.7 per cent rise in exports in the 12-month period....
...VF Corp said in a regulatory filing on Monday that hackers encrypted some of the company’s information technology systems and stole data on December 13, leaving it with “certain operational disruptions”....
...The EU does not have a policy that allows it to buy and store the metal. Some opportunistic buying seems to be happening in the auto sector....
...Adjusted operating profit, excluding contributions from Tesco Bank, rose 13.5 per cent to £1.4bn in the first half. Tesco now expects annual profits to improve from £2.5bn last year to £2.6bn-£2.7bn....
...Macy’s, which owns the eponymous retailer and the luxury department store Bloomingdale’s, said it expects full-year adjusted earnings per share of between $2.88 and $3.13, up from previous guidance of $2.70...
...The end-of-year slowdown hit Burberry’s US retail sales particularly hard, sending store sales down 15 per cent in its third quarter compared with the same period the previous year, with store sales in Europe...
...Tencent’s WeChat on Tuesday said that Apple had opened a store on the ubiquitous social messaging and payment app....
...Since 2020, the changes have included a concentrated overhaul of its internal organisation and accelerating a shift towards ecommerce while eschewing “undifferentiated” retail stores....
...The higher costs at Kounrad were due to more expensive electricity and wages, although its cash cost remains just $1,565 a tonne, on production of 13,816 tonnes, around level with 2022....
...Richard Lim, chief executive of a group of 13 restaurants, has used Micro Connect’s financing — but admits that despite being an accountant, he does not fully understand its complex business model and is...
...Chinese consumers have been looking particularly towards gold jewellery as a safe way to store wealth....
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